- The first step is to verify whether all the returns have been filed till date and whether we can file for surrender.
Surrender of GST simply means that the taxpayer will not be a GST registered person any more. He will not have to pay or collect GST or claim input tax credit and accordingly, need not to file GST returns.
A taxpayer may file for GST surrender in following cases:
Note:For certain businesses, registration under GST is mandatory. If the GST registration is cancelled and business is still continued, it will mean an offence under GST and heavy penalties will apply.
Our GST expert reaches to you and understands your reason to surrender the GST and verify your returns.
We will prepare the online application on GST portal and submit the same for approval of GST department.
After submission, we will keep following the authorities for getting order and update you accordingly.