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🚀 Revocation of GST Registration Cancellation

When it comes to GST, cancellations happen—whether voluntarily or due to compliance issues. But what if you need your GST registration reinstated? That’s where GST Revocation comes in. Whether the cancellation was initiated by you or the tax authorities, revoking your registration helps you resume operations and stay compliant.

  • Initial Consultation: Understand your situation and eligibility.
  • Document Collection: Help gather and verify documents.
  • Application Prep: Draft your revocation request meticulously.
  • Tracking: Keep you updated on progress and queries.

At Compliance Monk, we make the GST revocation process a breeze: Don’t let GST cancellation throw a wrench in your works! Contact us today and let’s get your GST registration back on track.

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Key Advantages

Expert Guidance

Our skilled professionals will navigate you through every step, making the registration experience seamless.

Quick Turnaround

We value your time and ensure prompt services, helping you initiate your business promptly and effectively.

Reliable Support

Our dedicated support team is always ready to answer your questions, assisting you every step of the way.

GST Revocation

What’s the Big Deal About GST Revocation?

GST revocation is all about reinstating a cancelled GST registration. Here’s why it matters:

    • Get Back to Business: Resume your GST-compliant operations smoothly.

    • Collect and Claim: Collect GST and claim your ITC like a pro.

    • Stay Out of Trouble: Avoid legal issues from having an inactive GST registration.

🛠️ Rule 23: Your Guide to GST Revocation

Rule 23 of the Central Goods and Services Tax Rules, 2017, lays down the steps for revoking GST cancellation. It’s your roadmap to fixing whatever led to the cancellation in the first place.

Why Bother with GST Revocation?

Inactive GST registration can spell trouble:

    • No GST Invoices: You can’t legally collect GST or issue necessary invoices.

    • Loss of ITC: Miss out on input tax credits, hiking your business costs.

    • Big Fines: Unauthorized GST collection can lead to hefty penalties.

    • Reputation Hit: Non-compliance can damage your trustworthiness.

📝 Key Steps Before You Revoke

    1. Clear Outstanding Dues: Settle any pending taxes, penalties, and interest.

    1. File Pending Returns: Submit all GST returns up to the cancellation date.

    1. Reverse ITC: Follow the rules on unutilized Input Tax Credit.

    1. Keep Records: Ensure accurate record-keeping for audits.

📅 Extended Time Limit for Revocation

As of October 1, 2023, you have 90 days from the cancellation date to apply for revocation. More time means more flexibility!

Why Was Your GST Cancelled?

Taxpayer Initiated:

  1. Business Closure: You shut down operations.
  2. Change in Structure: Restructuring your business, like changing from a partnership to a company.
  3. Turnover Below Threshold: Your turnover dipped below the GST registration requirement (₹40 lakh for goods, ₹20 lakh for services).
  4. Voluntary Cancellation: Opting out for personal or strategic reasons.

Tax Authorities Initiated:

  1. Non-Compliance: Missing GST returns for six straight months (regular taxpayers) or three months (composition taxpayers).
  2. Fraud: Misrepresentation or fake invoicing.
  3. Rule Violations: Repeated non-compliance or unauthorized activities.
  4. No Business: Not starting operations after getting registered.

🚦 Reapplying After Voluntary Cancellation

Cancelled your GST voluntarily? Sorry, no reactivating the old one – you’ll need to apply for a new GST registration when needed.

📋 Documents You’ll Need
    • GSTIN and Login: Access the GST portal.

    • PAN of Business/Proprietor: For verification.

    • Address Proof: Electricity bill, rental agreement, or property documents.

    • Bank Details: Cancelled cheque or bank statement.

    • Filed GST Returns: Proof of compliance during the inactive period.

    • Form GST REG-21: Application for revocation.

Ensure all documents are clear and up-to-date to avoid delays in the registration process.

Our Step-by-Step Process🛤️

  1. Initial Consultation: Understand your situation and eligibility.
  2. Document Collection: Help gather and verify documents.
  3. Application Prep: Draft your revocation request meticulously.
  4. Submission: File your application on the GST portal.
  5. Tracking: Keep you updated on progress and queries.
  6. Approval: Notify you once approved and provide documentation.

Why Choose Compliance Monk?

Don’t let GST cancellation throw a wrench in your works! Contact us today and let’s get your GST registration back on track.

At Compliance Monk, we offer end-to-end assistance for GST Revocation. Our expert team ensures:

    • Expertise: Our pros know GST inside out which results in error free process.

    • Easy Process: We handle the hassle, so you can focus on your business.

    • Transparency: Stay informed with regular updates.

    • Support: Post-revocation assistance to keep you compliant.

FAQs

1. What is revocation of cancellation of GST registration?

Revocation of cancellation refers to the process of reversing the cancellation of a GST registration. It allows a taxpayer whose registration has been cancelled by the tax authorities to restore it and resume normal business activities under GST regulations.

2. When can I apply for revocation of cancellation of GST registration?

You can apply for revocation of cancellation if your GST registration was cancelled by the tax authorities (suo moto). However, you must submit the application for revocation within 30 days of receiving the cancellation order, or 90 days if extended by applicable notifications.

3. Can I apply for revocation if I voluntarily cancelled my GST registration?

No, revocation of cancellation is not applicable in cases where the GST registration was voluntarily cancelled by the taxpayer. You will need to apply for a new GST registration if required.

4. What are the steps to apply for revocation of GST registration?

The procedure includes:

  1. Filing all pending GST returns.
  2. Clearing any outstanding dues, including taxes, interest, and penalties.
  3. Submitting the application for revocation in Form GST REG-21 on the GST portal.
  4. Responding to any notices from the tax authorities (if applicable).
  5. Awaiting approval or rejection of the application by the authorities.

5. What documents are required to apply for revocation of cancellation?

You will typically need the following documents:

  • GSTIN details
  • Copies of filed GST returns
  • Proof of payment of outstanding dues
  • Supporting documents, if any, requested by the tax authorities

6. What happens if my revocation application is rejected?

If your application for revocation is rejected:

  1. The tax authorities will issue an order in Form GST REG-05.
  2. Before rejection, you will receive a show-cause notice in Form GST REG-23.
  3. You must respond to the notice within 7 working days in Form GST REG-24.

If the final decision remains rejection, you cannot operate as a registered taxpayer until a new registration is obtained.

7. What are the consequences of not revoking a cancelled GST registration?

If you do not revoke a cancelled GST registration:

  • You cannot legally collect GST or issue GST-compliant invoices.
  • You lose the right to claim Input Tax Credit (ITC).
  • Continuing business without registration may result in penalties or legal action.

8. Is Aadhaar authentication mandatory for revocation of GST registration?

Yes, from 1st January 2022, Aadhaar authentication has been made mandatory for applying for revocation of cancelled GST registration under CGST Rule 23.

9. Can I file for revocation if I failed to file GST returns, leading to cancellation?

Yes, but you must first file all pending GST returns and pay any outstanding dues before submitting the revocation application. Failure to comply will result in rejection of the revocation request.

10. What is the time limit for authorities to decide on the revocation application?

The tax authorities must review and decide on your revocation application within 30 days of receiving it, provided all requirements are fulfilled.

11. What are the recent updates related to revocation of GST cancellation?

  • 26th October 2023: A new format for Form REG-08 (Order of Cancellation) was introduced.
  • 4th August 2023: The time limit for applying for revocation was extended to 90 days from the previous 30 days, effective 1st October 2023.

12. Can I operate my business while the revocation application is under process?

No, until the revocation is approved, your GST registration remains inactive, and you cannot legally operate as a GST-registered entity.

13. What forms are involved in the revocation process?

  • Form GST REG-21: Application for revocation.
  • Form GST REG-22: Approval order for revocation.
  • Form GST REG-23: Show-cause notice for rejection.
  • Form GST REG-24: Reply to the show-cause notice.
  • Form GST REG-05: Rejection order.

14. Can the government introduce additional conditions for revocation?

Yes, under the Union Budget 2024, an amendment to Section 30 of the CGST Act was proposed, allowing the government to prescribe conditions and restrictions for revocation. This will come into effect once notified.

15. Is there any fee for filing the revocation application?

No, there is no application fee for filing a revocation request on the GST portal.

16. Can I claim Input Tax Credit (ITC) on purchases made during the cancellation period after revocation?

Yes, once your registration is reinstated through revocation, you may claim ITC on purchases made during the cancellation period, provided all GST returns for that period are filed and dues are cleared.