In India, an indirect tax known as the Goods and Services Tax (GST) is imposed on the provision of goods and services. GST registration is mandatory for all businesses with an annual turnover above 20 lakhs. In case a registered business fails to comply with the GST laws, the registering authority may cancel its GST registration. However, if the business intends to resume its operations, it can apply for the revocation of the cancellation of its GST registration.
Steps for Revocation of Cancellation of GST Registration:
- Application for Revocation: The business has to file an application for revocation of cancellation of GST registration in Form GST REG-16 within 30 days of the cancellation of registration. The application must be filed with the registering authority and should contain the reasons for the revocation of the cancellation.
- Payment of Outstanding Tax: The business must pay all the outstanding taxes and interest, if any, before the revocation of the cancellation. If the business has any pending returns, it must file them along with the application for revocation.
- Inspection of Business Place: The registering authority may conduct an inspection of the business place to verify the authenticity of the information provided in the application.
- Order for Revocation: Based on the inspection report, the registering authority will either approve or reject the application for revocation. If the application is approved, the registering authority will issue an order for revocation in Form GST REG-17.
- Fresh GST Registration: Once the order for revocation is issued, the business must obtain fresh GST registration within 30 days. The fresh GST registration will be effective from the date of the revocation order.
Documents required for Revocation of Cancellation of GST Registration
- Application for Revocation: The business must file an application in Form GST REG-16 along with the following documents:
- Proof of payment of outstanding tax and interest, if any
- Proof of filing of pending returns, if any
- Any other document supporting the reason for the revocation of cancellation
- Fresh GST Registration: For obtaining fresh GST registration, the business must submit the following documents:
- PAN card of the business
- Proof of constitution of the business (Partnership deed, Incorporation certificate, etc.)
- Proof of place of business (Rent agreement, electricity bill, etc.)
- Details of authorized signatory
- Bank account details
Revocation of cancellation of GST registration is a process by which a business can resume its operations after its GST registration has been cancelled. The business must apply for revocation within 30 days of the cancellation and must pay all the outstanding taxes and interest, if any, before the revocation. The registering authority will conduct an inspection and issue an order for revocation based on the inspection report. Once the order is issued, the business must obtain fresh GST registration within 30 days. The business must follow the steps and submit the required documents to obtain the revocation of cancellation of its GST registration.