• Notification Date: 01-12-2021
• Notification No: 69/2021-22

Taxpayers can now withdraw GST Registration for cancellation before action is taken: CBIC

The Central Board of Direct Taxes (CBIC) has notified the update related to the registration of cancellation form REG-16 on the gst.gov.in website, wherein it has been stated that “Taxpayers can now withdraw their application for cancellation of registration (filed in Form REG-16) unless the tax officer has initiated action on it.”

The taxpayer that had earlier registered for the Goods and Services Tax and now wishes to cancel his registration can do so by filing the GST registration cancellation application in Form GST REG-16.

The application for the cancellation of registration under GST has to be made in FORM REG-16. Various details must be included in the form namely the list of stock that is remaining on the date of the application of registration, Details of the payment, and Any Liability thereforth. The GST officer must issue an order for cancellation in FORM REG-16 from 30 days of submitting the application. The date from which the officer announces cancellation will be the final date onwards which it will be effective.

As per the latest update posted on the GST website (https://www.gst.gov.in/), now, the application for cancellation of GST registration in Form GST REG-16 filed by the taxpayer can be withdrawn. However, such withdrawal is possible only and only if the proper officer has not initiated action against the cancellation application.

Thus, prior to the withdrawal of the cancellation application, it is important to track the status of the cancellation application. Steps for checking the status of the cancellation application The taxpayers need to visit the site https://www.gst.gov.in/, Click the ‘Login’ icon and enter appropriate Login credentials, and Navigate Services > Registration > Track Application Status and Enter ARN.