GST Cancellation.
When a business closes, is transferred or no longer needs GST registration, the registration should be formally cancelled rather than left inactive. We file REG-16, settle pending returns and dues, work out the input tax credit to reverse on closing stock and capital goods, and file the final return GSTR-10 so the GSTIN is closed cleanly.
Typically one to two weeks to prepare and file once returns are up to date. The order depends on officer review, and GSTR-10 follows within three months of cancellation.
A partner — a chartered accountant or company secretary — from the first call to sign-off.
Based on your situation, and fixed in writing before any work starts.
Is this for you?
- Businesses that have shut down or stopped making taxable supplies
- Companies being merged, sold or converted where the existing GSTIN will not continue
- Businesses that registered voluntarily and no longer need to
- Taxpayers whose registration was cancelled by the officer and who need to respond or seek revocation
What you receive at the end.
- 01Filed REG-16 with acknowledgement
- 02ITC reversal computation on stock and capital goods
- 03Filed GSTR-10 (final return)
- 04Closure file with the cancellation order and payment records
GST Cancellation, step by step.
Typically one to two weeks to prepare and file once returns are up to date. The order depends on officer review, and GSTR-10 follows within three months of cancellation.
- 1
Pre-closure review
We check that all returns are filed and dues paid, and identify closing stock and capital goods on which credit must be reversed.
- 2
REG-16 application
We file the cancellation application on the GST portal with the reason, effective date and stock details.
- 3
Officer queries
We respond to any query or notice raised before the officer passes the cancellation order in REG-19.
- 4
Final return
We file GSTR-10 within three months of the cancellation date or order, whichever is later, paying the credit reversal and any interest due.
- 5
Closure file
We hand over a closure file and note any proceedings that survive cancellation, such as pending assessments.
What we need from you.
Don't have everything yet? We send a short checklist after the first call and work with what you have.
- GST portal access
- Reason for cancellation and proposed effective date
- Closing stock and capital goods details with tax values
- Recent GSTR-1, GSTR-3B and ledger balances
- Merger, sale or closure documents, where applicable
The fee depends on your situation. After a short call, the partner who will do the work tells you what's involved and gives you a fixed fee in writing — before any work begins.
- Government fees and statutory charges are billed at actuals.
- When you pay — upfront, in stages or on completion — is agreed in writing with the fee.
Questions about GST Cancellation.
Ready to discuss GST Cancellation?
30-minute confidential call — no proposal, no commitment. A partner will write back within one business day.