Revive Your GST Number: The Ultimate Step-by-Step Guide

Introduction

Although it is mandatory for individuals with an annual turnover exceeding Rs.20 lakhs to register under the GST Act, they may also terminate their registration for a variety of reasons, including the closure of their business, non-applicability, or an order issued by a tax officer. The purpose and procedure for the cancellation of GST registration and the revocation of GST cancellation will be discussed in this article.

What is the process of cancelling GST?

The Central Tax Authority terminates the GSTIN of a taxpayer registered under the GST. The cancellation signifies that the assessee whose GSTIN was cancelled is no longer a registered individual. 

Additionally, he would no longer be required to pay or collect the GST. Numerous enterprises necessitate GST registration. Therefore, the business will be required to pay a substantial penalty if it continues to operate despite the cancellation of GST.

Methods for Reactivating Cancelled GST

It has been two years since the GST was implemented. The GST department has recently increased its activity level in the area of GST defaulters. Additionally, the department has initiated cancelling the GST registration for defaulters.

Additionally, specific dealers generate fraudulent invoices. The GST annulment revocation procedure will be the subject of this article. The online procedure is available for the revoked GST activation. It is feasible to execute it online. 

You must access the GST’s official website and adhere to the activation procedures outlined below to accomplish this.If your GST online enrollment has been neutralized, you may request for reactivation by adhering to the following procedures:

• Log in to the GST Portal by entering your user ID and password.
• Select “enrollment” from the drop-down menu by clicking the “Services” tab.
• Select the ‘Application for revocation of neutralize of enrollment’ option on the registration page.
• Please provide the essential information and upload the requisite documents.
• Please apply along with the necessary fees.
• Upon receipt of your application, the appropriate officer will evaluate it and, if satisfied, terminate your enrollment in the Goods and Service Tax. You must provide a surety or bank guarantee to cover the applicable taxes at that time. 

When is the Revocation of Cancellation Applicable?

The revocation of cancellation is only applicable if the officer has independently cancelled the individual’s registration. Within thirty days of receiving the order, the individual in question may request the cancellation revocation.

What is the process for revoking a cancellation?

• The registered individual can apply for the revocation of the cancellation in Form GST REG-21 within 30 days of the order for cancellation being issued.
• Within 30 days of receiving the application, the authorized officer may reverse the registration cancellation by issuing an order in GST REG-22 if they are satisfied. The rationale for revoking the cancellation must be documented.
• The applicant is notified by the authorized officer’s authority to dismiss the revocation application through an order in GST REG-05. A show-cause notice (GST REG–23) must be issued before dismissal for the applicant to explain why the application should not be rejected. The applicant must respond to the notice within seven working days using form GST REG-24.
• The authorized officer will decide within 30 days of obtaining the applicant’s clarification in form GST REG-24.

The blog offers crucial insights into the process of cancelling and reactivating GST registration. If your Goods and Service Tax registration has expired, you may reactivate it by submitting an application to the Lawgical Adda. 

The procedure is comparable to the application process for a new registration, and all of the same information and documentation must be submitted. Upon approval of your application, your enrollment will be reinstated, and you can continue conducting business as usual.

If you require assistance with any other legal matter, contact Lawgical Adda. You may seek the revival of a Struck company, relief for directors who have been disqualified, or other legal issues.

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