https://www.taxtmi.com/article/detailed?id=8410 Cancellation of GST registration applies where a person is no longer liable or has contravened the Act, and may be initiated by taxpayer, officer, or legal heir. Officers follow prescribed show-cause procedures in specified forms and timelines; cancellation does not extinguish prior tax liabilities. On cancellation the registrant must pay an amount equivalent to input tax credit on stock and capital goods or the output tax on such goods, whichever is higher, with capital goods adjustments as prescribed. Final return filing and revocation processes are governed by specified forms and conditions. en-us Tue, 12 Mar 2019 18:12:41 +0530 Tue, 12 Mar 2019 18:12:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8410 Cancellation of GST registration applies where a person is no longer liable or has contravened the Act, and may be initiated by taxpayer, officer, or legal heir. Officers follow prescribed show-cause procedures in specified forms and timelines; cancellation does not extinguish prior tax liabilities. On cancellation the registrant must pay an amount equivalent to input tax credit on stock and capital goods or the output tax on such goods, whichever is higher, with capital goods adjustments as prescribed. Final return filing and revocation processes are governed by specified forms and conditions. Articles Goods and Services Tax - GST Tue, 12 Mar 2019 18:12:41 +0530 https://www.taxtmi.com/article/detailed?id=8410