Should we still file the GST returns in the transaction period ?
Yes, you can file the returns until the cancellation order is passed to safeguard yourself from the late fees
How long does it take to cancel GST registration ?
If the proper officer is satisfied he can revoke the cancellation of registration by an order in FORM GST REG-22 within 30 days from the date of receipt of the application.
Do I need to physically present for the process ?
No, you don’t need to be physically present for the process, Online Legal India is an online corporate service provider all you need is an internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at the remotest location of India.
How will I know if my GST registration is likely to be cancelled ?
If your GST registration is likely to be cancelled by order, the GST authority will send you a show cause notice to which you will have to give a suitable reply within 7 days.
Can we revoke the GST registration after GST cancellation ?
No. Following the legal directives of the Company (Incorporation) Rules, 2014 of the Indian Govt. a One Person Company (OPC) cannot become a member or be associated with a Sec. 8 company.
What is Suo Moto Cancellation in GST?
Suo Moto Cancellation of GST Registration means cancellation of registration by GST Officer on its own. There must be a valid reason for initiation of proceeding for Suo moto cancellation as specified under Section 29(2) of the CGST/SGST Act.