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Get GST Registration After Cancellation | AcademyTax4wealth

GST Registration after cancellation - If the authorities have cancelled your prior GST Registration, here are several options to file for a new GST Registration. Learn more!<br>For more info, visit us at:- <br>https://academy.tax4wealth.com/blog/gst-registration<br>

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Get GST Registration After Cancellation | AcademyTax4wealth

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  1. AnApplicationforNewGSTRegistrationafterCancellation

  2. Aftercancellation,anewGSTregistrationapplicationmustbemade.It ismandatoryfortaxpayerswhoseGSTregistrationshavebeencancelled toapplyforanewone.Taxpayerswon’tbeallowedtooperatetheirfirms iftheydon’tregisterforGST.Itiscrucialtocomprehendthesignificance ofrevokingacancelledGSTregistrationaswellastherepercussionsof doingso. • Also,Read;GSTRegistrationOverview • ItismandatoryfortaxpayerswhoseGSTregistrationhasbeen cancelledtoapplyforanewone. • Thisarticlewillcoverthefollowingtopicsrelatedtocan,applyfornew GSTaftercancellation,howtoactivatecancelledGSTregistrationafter1 year,howtoactivatecancelledGSTregistrationafter180days,howto activatecancelledGSTregistrationafter2years,andwhathappens • ifGSTregistrationiscancelled. • After Cancellation,NewGSTRegistration • NewRegistration forGST • TheEffectsofDelayingaNewGSTRegistrationApplication After Cancellation,NewGSTRegistration: • ThefollowingcircumstancesallowtheappropriateGSTofficertorevoke theregistration,accordingtoSection29(2)oftheCGSTAct: • Thetaxpayerbrokeoneormoreof theGSTAct'snormsorprovisions. • TheSection10taxpayerhasregisteredand madetaxablesupplybuthas failed tofileareturnforthreeconsecutivetaxmonths; • Thetaxpayerhasbeenaregisteredtaxpayerforsixconsecutivemonths • without submittinga taxreturn. • Thetaxpayerchosevoluntaryregistration,butsixmonthsafterchoosing voluntaryregistration, hehasnotstartedhisfirm. • Thetaxpayergainedregistrationviadeception,willfulmisrepresentation,or • theomission of information • TheActprovidestheofficerwiththeauthoritytorevokeanytaxpayer’s GSTregistration,butitalsooffersthetaxpayerachancetoarguehiscase infrontoftheGSTofficials.Beforethischange,thetaxpayerhadto

  3. apply to the officer through a request for the reversal of the cancellation of the GST registration if he close to continue his business following the officer’scancellationorder. • AlltaxpayerswhoseGSTregistrationswerecancelledbytheofficerare being given another opportunity to give effect to the notification issued bytheGSTCouncilonMarch28,2019.Allofthesetaxpayerswhohad theirregistrationscancelledarenowabletoapplyforanewGST registrationratherthanhavingtheirregistrationsrevoked. • Thecompetentofficialhasbeengiventheauthorityunderthenew regulationstoawardnewregistrationstotaxpayerswhoseGST registrationswerepreviouslyrevokedandwhohaveaskedfor revocation.Thetaxofficialshavereceivedstrictinstructionstoconduct in-depthinvestigationsintothecausesofpriorcancellationsandthe unlawfulholdingofnewGSTregistrationsalongsideolderonesinthe samestate. • NewRegistrationforGST: • TheappropriateofficerwillhandletheNewGST • Registrationapplicationwithevengreatercaution.Theproperofficer willtakeextraprecautionstocorrectlyevaluateandprocessthe applicationasthetaxpayer'spriorrecordswillhaveshowntobefalse. • Thecompetentofficialwillexaminethefollowingdetailsifthetaxpayeris requestinganewGSTregistrationinthesameStatebutalreadyhas oneforthatState. • WhethertheexistingGSTregistrationisbeingkeptorcancelled. • WhetherornotthetaxpayerhasaskedtohavehisorhercancelledGST registrationreinstated. • Iftheregistrationwasrevokedduetonon-compliancewithSection29(2)(b) • (composition'staxpayerfailedtofilereturnsforthreeconsecutivetaxperiods) orSection29(2)(c)(normaltaxpayerdidnotfilereturnsfor6months consecutively).

  4. TheEffects ofDelayingaNewGSTRegistration Application: IfthetaxpayerdoesnotrequestareversalofthecancelledGST registrationafterithasbeenrevoked,thentherepercussionswillbefall him/her.TheapplicationforanewGSTregistrationwillbedeclared "deficient"underRule9oftheCGSTRules2017andtheproperofficer willrejecttheapplicationasaresultoftherequirementsoutlinedin Sections29(2)(b)and(c)arestillineffect. Therefore,whentheirpriorGSTregistrationhasbeensuomoto cancelled,taxpayerswhohavenotcompliedwiththeGSTregulations andGSTReturnfilingrequirementswouldhaveaverydifficulttime gettinganewone.

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