GST registration cancellation process in Madhya pradesh 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 Madhya pradesh 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.
An application is to be made in GST REG 16 to cancel the GST registration in Madhya pradesh. The following details need to be mentioned in the Form GST REG 16.
Before applying for the GST cancellation in Madhya pradesh 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 Madhya pradesh 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
PAN card of the authorized signatory
Aadhaar card of the authorized signatory
Details of the last return filed by the taxpayer
When an existing unit is merged, demerged, transferred
Tax is payable on stock of input and capital and input available on semi-finished and finished goods
IndiaFilings has over 1 lakh customers and we have completed over 7 lakh services through our platform. At IndiaFilings, we take pride in the services delivered by us and guarantee your satisfaction with our services and support. We constantly improve and strive to deliver the best accounting, financial or secretarial services through the internet.
Last updated: Apr 19, 2023
One Person Company | Nidhi Company | Company Registration | Tax Notice | Indian Subsidiary | HSN Code | Section 8 Company | Trademark Search | USA Company Registration | FSSAI Registration | Import Export Code | ESI Registration | Proprietorship | GST Return Filing | Patta Chitta | PF Registration | Payroll | Business Tax Return Filing | PF Return Filing | Eway Bill | GST Registration | TDS Filing | Udyam Registration | Trademark Registration | Startup India Registration | Professional Tax | Personal Tax Filing | Check Company or LLP name Availability
Partnership | Limited Liability Partnership | Digital Signature | Copyright Registration | Unified Portal | PAN Card Download | Nadakacheri | Flipkart Seller | Caste Certificate | IAY | EPFO Passbook | Domicile Certificate | Udyog Aadhaar | PF Withdrawal | Karnataka One | Encumbrance Certificate | Bonafide Certificate | Instant PAN Card | E PAN Card | Income Certificate | Marriage Certificate | Passport Renewal | Nivesh Mitra | MSME Registration | Experience Certificate | Trademark Status | Trade License | Domicile | eMitra | UAN | PICME | Resignation Letter Format | Ration Card | TNREGINET | RAJSSP | LLP Compliance | Form 16 | Police Clearance Certificate | OBC Certificate | Jamabandi | Mee Bhoomi | SC Certificate | UAN Login | eAadhaar Download | Linking Aadhaar To Bank Accounts | mAadhaar | Aadhaar Enrollment Centre | UAN Passbook | Amazon How to Sell | PAN Card Apply | EPFO Unified Portal
We are available
Gst Registration Cancellation In Madhya Pradesh FAQ's
Who can cancel GST registration in Madhya pradesh?
Which form is required to file the final GST return in Madhya pradesh?
Where to apply for GST registration cancellation in Madhya pradesh?
Is it possible to revoke the GST registration that is canceled?