Description

Revocation of cancelled GST registration

When it comes to taxation and the Goods and Services Tax (GST), the revocation of cancelled registration refers to the process by which a business can reinstate its GST registration after it has been cancelled by the tax authority.

Here’s a breakdown of the process:

1. Cancellation of GST Registration: GST registration may be cancelled for various reasons, such as non-compliance, closure of business operations, or voluntary cancellation by the taxpayer.
2. Application for Revocation: If a business wishes to resume its GST registration after it has been cancelled, it needs to apply for revocation of the cancellation within the specified timeframe set by the tax authority. The application is typically submitted online through the tax department’s portal.
3. Compliance Check: The tax authority will review the application and assess whether the business meets the criteria for revocation. This may include ensuring that all outstanding tax liabilities have been cleared, and any compliance issues that led to the cancellation have been addressed.
4. Documentation: The business may need to provide supporting documentation or evidence to support its request for revocation. This could include financial statements, proof of compliance with GST regulations, and any other relevant records.
5. Approval: If the tax authority is satisfied with the application and compliance, it will approve the revocation of the cancelled registration. The business will then be reinstated as a registered GST taxpayer, and its GSTIN (GST Identification Number) will be reactivated.
6. Resumption of GST Compliance: Once the GST registration is reinstated, the business must resume compliance with all GST requirements, including filing regular GST returns, maintaining proper records, and complying with GST regulations.