GST cancellation

GST cancellation Are you no longer liable to collect and pay GST? Are you migrating or shutting down your venture due to any reason and longing to get your GST cancellation done? Well, if your answer is a YES, we congratulate you for landing at the right place where all your questions would be resolved instantly.   So let's first understand what's GST registration all about?   Under the rules set by the government, the process of registration varies from business to business. For some ventures, GST registration is a mandatory gambit. On the other hand, according to the standard norms, any business with an annual turnover above Rs. 40 Lakhs is required to register as a taxpayer. Similarly, for the northeastern states, the same turnover limit is just Rs. 10 lakhs annually.   Who is authorized to cancel GST registration ?   The process of cancellation can only be done by:   ●      Tax officer ●      Legal heirs of...