Should we still file the GST returns in the transaction period ?
Yes, you can file the returns until the cancellation order is passed to safeguard yourself from the late fees
How long does it take to cancel GST registration ?
If the proper officer is satisfied he can revoke the cancellation of registration by an order in FORM GST REG-22 within 30 days from the date of receipt of the application.
Do I need to physically present for the process ?
No, you don’t need to be physically present for the process, Taxra Biz Advisors Private Limited is an online corporate service provider all you need is an internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at the remotest location of India.
How will I know if my GST registration is likely to be cancelled ?
If your GST registration is likely to be cancelled by order, the GST authority will send you a show cause notice to which you will have to give a suitable reply within 7 days.
Can we revoke the GST registration after GST cancellation ?
No. Following the legal directives of the Company (Incorporation) Rules, 2014 of the Indian Govt. a One Person Company (OPC) cannot become a member or be associated with a Sec. 8 company.
What is Suo Moto Cancellation in GST?
Suo Moto Cancellation of GST Registration means cancellation of registration by GST Officer on its own. There must be a valid reason for initiation of proceeding for Suo moto cancellation as specified under Section 29(2) of the CGST/SGST Act.