Here are the steps for migrating taxpayers to cancelling their GSTIN on the GST Portal:

Step-by-Step Process for Cancelling GSTIN on the GST Portal:

Step 1: Migrating Taxpayers to Cancel GSTIN

1. Access the GST Portal (GSTN).
2. Proceed to the cancellation page.
3. Your GSTIN and business name will be displayed automatically.
4. Provide a reason for the cancellation of GSTIN.
5. You'll be asked whether you have issued any tax invoices during the month.
6. Enter the names and locations of authorized signatories.
7. For sole proprietors or partnership firms, sign off with Electronic Verification Code (EVC). Limited Liability Partnerships (LLPs) and corporations require Digital Signature Certificate (DSC).

Reasons for Cancelling GST Registration:

A taxpayer might want to cancel their GST registration for various reasons, including:

1. Ceased Operations: If the company has stopped its operations, it might opt to cancel its GST registration.

2. Business Transfer: If the business has been fully transferred, amalgamated, demerged, or otherwise disposed of, the transferee (or the new company formed through amalgamation/demerger) may need to register, and the transferor's registration could be canceled.

3. Transferor Going Out of Business: If the transferor business goes out of business, its GST registration might be canceled.

4. Change in Company's Structure: If there's been a change in the structure of the company (e.g., conversion from a private limited company to a public limited company), it might lead to the cancellation of GST registration.

Cancellation of documents

Cancelling GST Registration Using Form GST REG-16:

1. Applicable Cases: Those who cannot use the earlier procedure described must submit a cancellation request using Form GST REG-16. The procedure also applies to the lawful heirs of a deceased taxpayer.

2. Form GST REG-16: This form will be used to file the cancellation request.

3. Stock Details: Details of inputs, semi-finished goods, and finished items kept in stock on the day the cancellation of registration is applied for must be provided in Form GST REG-16.

4. Liability and Payment Information: The form will include liability details and payment information.

Cancellation Order and Effective Date:

1. Cancellation Order: The proper authority is required to issue a cancellation order using Form GST REG-19 within 30 days of receiving the cancellation application (Form GST REG-16).

2. Effective Date: The cancellation will take effect on a date set by the officer. The taxable person will be notified of this effective date.

Procedure

Delayed GST return filing can indeed have significant consequences for taxpayers, leading to fines and penalties. If GST returns are not filed within the stipulated timeframe, taxpayers could incur late fees and interest charges. Here are the key points regarding the impact of delayed GST filing:

Revocation of Cancellation of GST Registration:

Cancellation Revocation Definition: Cancellation revocation refers to the official reversal of a decision to cancel something. In the context of GST registration, revocation of cancellation means that the decision to cancel the registration has been overturned, and the registration remains valid.

When to Revoke Cancellation: Cancellation revocation comes into play when a tax officer initiates the cancellation of a taxable person's registration. The taxable person can request the officer to revoke the cancellation within thirty days of receiving the cancellation order.

Procedure for Revocation of Cancellation:

1. If the proper officer cancels a registered person's registration suo moto (on their own initiative), the taxable person can file an application for revocation of cancellation using Form GST REG-21.
2. The application must be submitted within 30 days from the date of serving the cancellation order on the Common Portal.
3. If the officer is satisfied with the reasons provided, they can revoke the cancellation of registration within 30 days of receiving the application. This is done by issuing an order in Form GST REG-22.
4. The reasons for revocation or cancellation of registration must be documented in writing.
5. In case the officer decides to reject the revocation application, they will issue an order in Form GST REG-05, informing the applicant about the rejection.

Additional Notes:

1. Before rejecting a revocation application, the proper authority must send a show-cause notice (Form GST REG–23) to the applicant, giving them a chance to explain why the application should not be rejected.
2. The applicant has seven working days from receiving the notice to respond, using Form GST REG-24.
3. The proper officer will make a decision within 30 days of receiving the applicant's response in Form GST REG-24.