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Aug 31, 2025
5:10 AM
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Managing GST compliance can sometimes be challenging, especially when it comes to GST cancellation and revocation. At RapidTax, we simplify the process for businesses and individuals, ensuring that you stay compliant with the latest GST rules and regulations.
GST Cancellation
GST cancellation refers to the termination of a GST registration. It can be applied for voluntarily by a taxpayer or initiated by the GST department due to non-compliance. Common reasons for GST cancellation include:
• Business closure or discontinuation of operations
• Turnover falling below the GST threshold
• Switching to a different tax scheme (e.g., composition scheme)
• Non-filing of GST returns for a specified period
• Any other reason as prescribed under GST law
Why Cancel GST Registration?
If your business is no longer liable to pay GST, continuing with registration may attract unnecessary compliance and penalties. Cancelling the registration ensures that you avoid future obligations.
GST Revocation
In some cases, the GST department cancels a registration due to non-compliance. If you wish to continue your business and remain under GST, you must apply for revocation of cancellation.
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