GST registration cancellation risk rises with non-filing, incorrect details and poor notice response under ongoing compliance monitoring.
GST registration cancellation is generally associated with persistent non-compliance, including failure to file returns within prescribed timelines, incorrect registration particulars, and non-responsive conduct during departmental proceedings. Taxpayers can reduce registration-related compliance risk by filing returns on time, reconciling GST records with books of account, monitoring notices and communications on the GST portal, updating registration details when business information changes, and maintaining supporting documentation for GST transactions. (AI Summary)