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    <title>Application &amp; Procedure for cancellation</title>
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    <description>Cancellation requires filing FORM GST REG 16 with details of inputs, semi finished and finished goods and capital goods held in stock; registrants must pay, by debit to electronic ledgers, either the equivalent input tax credit attributable to such stocks or the output tax on those goods, whichever is higher, with a specified adjustment rule for capital goods. The proper officer may issue a show cause notice (FORM GST REG 17) and receive reply (FORM GST REG 18), then pass an order cancelling registration (FORM GST REG 19) or drop proceedings (FORM GST REG 20); cancellation is effective from a date determined by the officer and does not extinguish prior liabilities.</description>
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    <pubDate>Thu, 27 Apr 2023 15:02:00 +0530</pubDate>
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