PROCESSING OF APPLICATION FOR CANCELLATION OF REGISTRATION SUBMITTED IN FORM GST REG-16.

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....¥à¤¨à¤°, वाणिज्य कर, उत्तर प्रदेश । (जी.एस.टी. अनुभाग ) लखनऊः: दिनांकः 31 अक्टूबर, 2018 विषयः- फार्म जी0एस0टी0 आर0ई0जी0 16 में प्रस्तुत किये गये पंजीयन निरस्तीकरण के आवेदनों के प्रोसेसिंग हेतु स्टैण्डर्ड आपरेटिंग प्रोसीजर (एस0ओ0पी0) के संबंध में:- भार....

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....¤¤à¤° से अवगत कराना सुनिश्चित करें। यह पत्र कमिश्नर, वाणिज्य कर, उत्तर प्रदेश के अनुमोदनोपरांत जारी किया जा रहा है। संलग्नकः- उपरोक्तानुसार भवदीय, Chris (विवेक कुमार) एडीशनल कमिश्नर (जी०एस०टी०) वाणिज्य कर, मुख्यालय, लखनऊ । Circular No. 69/43/2018-GST F. No. CBEC/20/16/04/2017-GST Government of India ....

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....he deadline. 4. While initiating the application for cancellation of registration in FORM GST REG- 16, the Common portal captures the following information which has to be mandatorily filled in by the applicant: a) Address for future correspondence with mobile number and email address; b) Reason for cancellation; c) Date from which cancellation is sought; d) Details of the value and the input tax/tax payable on the stock of inputs, inputs contained in semi-finished goods, inputs contained in finished goods, stock of capital goods/plant and machinery; e) In case of transfer, merger of business, etc., particulars of registration of the entity in which the existing unit has been merged, amalgamated, or transferred (including the copy of the order of the High Court / transfer deed); f) filed. Details of the last return filed by the taxpayer along with the ARN of such return On successful submission of the cancellation application, the same appears on the dashboard of the jurisdictional officer. 5. Since the cancellation of registration has no effect on the liability of the taxpayer for any acts of commission/omission committed before or after the date of cancel....

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....ction 51 or section 52) whose registration has been cancelled, to file a final return in FORM GSTR-10, within three months of the effective date of cancellation or the date of order of cancellation, whichever is later. The purpose of the final return is to ensure that the taxpayer discharges any liability that he/she may have incurred under sub-section (5) of the section 29 of the CGST Act. It may be noted that the last date for furnishing of FORM GSTR-10 by those taxpayers whose registration has been cancelled on Page 3 of 5 Circular No. 69/43/2018-GST or before 30.09.2018 has been extended till 31.12.2018 vide notification No. 58/2018 - Central Tax dated the 26th October, 2018. 8. Further, sub-section (5) of section 29 of the CGST Act, read with rule 20 of the CGST Rules states that the taxpayer seeking cancellation of registration shall have to pay, by way of debiting either the electronic credit or cash ledger, the input tax contained in the stock of inputs, semi-finished goods, finished goods and capital goods or the output tax payable on such goods, whichever is higher. For the purpose of this calculation, the stock of inputs, semi-finished goods, finished goo....