Cancellation of registration requires payment equal to input tax credit on stock and permits retrospective cancellation for prescribed defaults.

Cancellation may be ordered on application or by the proper officer for business discontinuance, change in constitution, cessation of liability, prescribed contraventions, prolonged non-filing, failure to commence after voluntary registration, or fraud or misstatement. Cancellation can be retrospective but does not affect liability for tax and dues for periods before cancellation. Cancellation under corresponding central law is deemed a cancellation here. The cancelled registrant must pay an amount by debit to electronic ledgers equal to input tax credit on stock and capital goods or the output tax on such goods, calculated as prescribed with specific concessions for capital goods.

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