https://www.taxtmi.com/acts?id=26825 Cancellation of registration may be ordered where business is discontinued, transferred, reconstituted, no longer liable, for contraventions, prolonged non filing, non commencement after voluntary registration, or fraudulent procurement; the proper officer may fix retrospective cancellation dates but must allow a hearing. Cancellation does not extinguish pre cancellation tax liabilities; Central Act cancellations are effective here. On cancellation the registrant must pay, via electronic credit or cash ledger, an amount equal to input tax credit on inputs and goods in stock or the output tax on such goods, whichever is higher, with a distinct reduced credit rule for capital goods or plant and machinery; calculation methods are prescribed. en-us Thu, 22 Jun 2017 10:11:39 +0530 Fri, 30 Jun 2017 14:12:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26825 Cancellation of registration may be ordered where business is discontinued, transferred, reconstituted, no longer liable, for contraventions, prolonged non filing, non commencement after voluntary registration, or fraudulent procurement; the proper officer may fix retrospective cancellation dates but must allow a hearing. Cancellation does not extinguish pre cancellation tax liabilities; Central Act cancellations are effective here. On cancellation the registrant must pay, via electronic credit or cash ledger, an amount equal to input tax credit on inputs and goods in stock or the output tax on such goods, whichever is higher, with a distinct reduced credit rule for capital goods or plant and machinery; calculation methods are prescribed. Act-Rules GST - States Thu, 22 Jun 2017 10:11:39 +0530 https://www.taxtmi.com/acts?id=26825