Gst Registration Cancellation In Lakshadweep

GST registration cancellation process in Lakshadweep can be initiated by the individual himself or the GST officer or the legal heir of the person registered under in the case of the sole proprietor. Once the GST registration is canceled the person is not required to pay any taxes under the GST.

A person can also cancel his GST registration in Lakshadweep or it can be canceled by an officer, in case if the person is carrying the business after the registration is canceled then there are heavy penalties for the same.

Forms are to be filed for GST registration cancellation in Lakshadweep?

An application is to be made in GST REG 16 to cancel the GST registration in Lakshadweep. The following details need to be mentioned in the Form GST REG 16.

  • Details of the inputs, semi-finished, finished goods that are held in stock on which the cancellation is applied
  • Liability thereon
  • The payment details
  • A cancellation order is to be issued in the Form GST REG 19 within 30 days from the date of application that is made. The cancellation date will be therefore effective from the date that is determined by the officer and the taxable person will be notified.
  • Cancellation by the individual in the Form GST REG 16
  • Issuing a show-cause notice for Cancelling the GST registration in Lakshadweep in Form GST REG 17.
  • Reply to the show cause notice in Form GST REG 18

Final GST payment

Before applying for the GST cancellation in Lakshadweep the applying to all the overdue GST liability. Apart from this, the input tax contained in the stocks of the inputs, semi-finished goods, finished goods, and the capital goods or the output tax liability of these goods whichever is higher is to be remitted by the taxpayer.

The input tax credit on the existing stock is to be paid back as the taxpayer here cannot claim the input tax credit once the GST registration in Lakshadweep is canceled.

The final GST payment however can be made by electronic credit to the cash ledger.
The final GST payment can also be made while submitting the final GSTR 10 returns.

To clear the doubts regarding the Goods and the service tax act talk to our experts today or log onto www.IndiaFilings.com

Gst Registration Cancellation In Lakshadweep FAQ's

The GST registration in Lakshadweep can be canceled by an officer or a person may voluntarily cancel his GST registration.

A person canceling the GST registration in Lakshadweep has to file the final GST return in form GSTR10 within three months of the date of cancellation or the date of order of the cancellation whichever is later.

To cancel your GST registration in Lakshadweep, consult our IndiaFilings GST expert. We will verify the filings status and also assist you in filing the overdue if there are any and file for GST cancellation.

A registered taxable person can apply for revocation of the GST registration cancellation within 30 days from the date of service of the order of cancellation of the GST registration.

Customer Reviews For GST Registration Cancellation

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AZARUDDIN S

GST Registration Cancellation
Verified Customer
16 March 2023
How can we improve?

Was very supportive N patient throughout the whole process. Responded my queries n doubts well. Explained well the whole process.

RAJA SIVAKUMAR

GST Registration Cancellation
Verified Customer
06 March 2023
How can we improve?

I have been working with India filings for the past 4years but during these years many employees called and asked me about the documents and the progress and just contacted me two or tree times and never bothered to pursue my company procedures. And no updates or procedures were explained or given . No one in India filings had any information to help me But i have not come across any of for your employees as efficient and sincere in his work like Mr Raja Sivakumar. He has been doing follow ups with me at least 4times a week and my company's status has always been updated by him He is the only accountant who help me close my gst and finish my procedures to close my company. He i s aver sincere and efficient employee and knows his job very well.india filings is lucky to have an employee like him Please keep up with your job Mr Sivakumar. And thank you for your patience and help with my company Sabia trades and services Sabia siddick

ASHOK MADALE

GST Registration Cancellation
Verified Customer
04 February 2023
How can we improve?

Good.

NAGAJOTHI P

GST Registration Cancellation
Verified Customer
29 September 2022
How can we improve?

good

SHANMUGA PRIYA G

GST Registration Cancellation
Verified Customer
28 May 2022
How can we improve?

Thanks

MARIAMMAL N

GST Registration Cancellation
Verified Customer
23 April 2022
How can we improve?

Good job

ANANTHI G

GST Registration Cancellation
Verified Customer
15 April 2022
How can we improve?

Very quick in response and good resolution

BARATH KUMAR U

GST Registration Cancellation
Verified Customer
13 April 2022
How can we improve?

good service, prompt and on time

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