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Register Your
GST Revocation
With US
GST registration revocation is the process of canceling or surrendering the GST registration of a business entity. It may be required if the business ceases its operations, undergoes a change in ownership, or no longer meets the eligibility criteria for GST registration.
At Future Tax, we specialize in assisting businesses in India with the revocation of their Goods and Services Tax (GST) registration. Our expert guidance and assistance ensure a smooth and hassle-free revocation process.
Revocating GST registration offers various benefits to businesses, including:
Compliance Relief: Cease GST compliance requirements and avoid penalties for non-compliance.
Administrative Simplification: Streamline administrative processes by discontinuing GST filings and compliance.
Cost Reduction: Reduce the costs associated with GST compliance, such as tax consultancy fees and compliance software expenses.
Avoid Penalties: Avoid penalties and legal consequences for non-filing or incorrect filing of income tax returns.
Required
Documents
for Filing
Closure Documents:
Closure certificate, cessation of business documents, etc
Change in Ownership Documents
Sale deed, transfer of ownership documents, etc.
Identity and Address Proof of Authorized Signatory
Any other documents as required by the GST authorities
Steps for
GST Registeration revocation
01.
Client Consultation and Document Collection
Schedule a consultation with the client to understand the reasons for revoking GST registration and collect necessary documents.
02.
Client Portal Access:
Assist the client in logging into the GST portal at www.gst.gov.in using their credentials, or securely access their account with their permission.
03.
Form Navigation and Initiation:
Navigate to Services > Registration > Application for Revocation of Cancellation on the GST portal. Initiate the revocation application process on behalf of the client.
04.
Form Completion and Document Uploading:
Upload the necessary supporting documents, such as proof of compliance with cancellation requirements and any other relevant documentation.
05.
Submission and Application Tracking:
Review the filled-in details for accuracy, submit the application form, and track the status of the application through the GST portal.
How it
Works
Free Consultation
Contact us for a free consultation to discuss your income tax filing needs and objectives.
Document Collection
Provide necessary documents such as business closure documents, change in ownership documents, and identity proofs
Application Preparation
Provide necessary documents such as business closure documents, change in ownership documents, and identity proofs
Review and Submission
We review the application for accuracy and submit it electronically to the GST portal.
Full Control
Enjoy complete control over your business decisions.
Tax Benefits
Benefit from personal tax rates as income is considered the owner's income.
Easy to Start
Minimal regulatory requirements make it easy to start.
Low Compliance
Fewer compliance requirements compared to other business structures.
Benefits Of
GST Registration Revocation
• Reduced Compliance Burden:
Businesses that no longer meet the GST registration threshold can avoid the administrative burden of filing returns and maintaining compliance with GST regulations.
• Cost Savings:
With reduced compliance comes reduced costs associated with filing returns, maintaining records, and engaging in GST-related compliance activities.
• No Input Tax Credit Reversal:
If a business deregisters voluntarily, it can avoid the requirement to reverse any input tax credit that may be attributable to goods held in stock or capital goods.
• Avoid Penalties:
Businesses that are not required to be registered but remain registered may face penalties for non-compliance or incorrect filing. Revoking registration can eliminate this risk.
Additional Services
List of Our Services
PAN and TAN Application:
- Obtain your Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).
Accounting and Bookkeeping:
- Keep your financial records in order with our expert services.
Compliance Services:
- Ensure your business complies with all legal requirements.
Trademark Registration:
- Protect your brand with trademark registration.
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