Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. If a registered GST taxpayer wishes to discontinue its business or is not carrying out any taxable supply, it may apply for cancellation of its GST registration. However, if the circumstances change, and the taxpayer wishes to restart its business, it may apply for the revocation of its cancelled GST registration.
Step-By-Step Process of Revoking the Cancellation of your GST registration
Step 1: Determine Eligibility
Before you apply for the revocation of your cancelled GST registration, you need to determine if you are eligible to do so. According to the GST Act, the revocation of cancelled registration can only be done if:
- The cancellation of registration was done by the taxpayer voluntarily
- The revocation application is filed within a year from the date of cancellation
- The taxpayer has not committed any violation under the GST Act
- The taxpayer is not undergoing any criminal proceedings under the GST Act
Step 2: Obtain PAN and DSC
To file the revocation application, you need to have a PAN (Permanent Account Number) and a DSC (Digital Signature Certificate) registered on the GST portal. In case you do not have a PAN or DSC, you can apply for them online.
Step 3: Submit the Revocation Application
To apply for the Revocation of Cancellation of GST Registration, you need to log in to the GST portal and go to the “Services” menu. Select “Registration” and then “Application for Revocation of Cancelled Registration”.
Fill in the required details, including your PAN, GSTIN (GST Identification Number), the reason for revocation, and attach the necessary documents.
Step 4: Wait for Approval
Once you have submitted the revocation application, you will receive an acknowledgement receipt. The GST authorities will process your application and may ask for additional information if needed. Once the authorities have processed your application, you will receive an approval or rejection email.
Step 5: Obtain New GSTIN
If your revocation application is approved, you will need to obtain a new GSTIN. To do this, you need to log in to the GST portal and apply for a fresh GST registration. You will need to provide the same information as you did when you first registered for GST.
Step 6: Start Filing GST Returns
Once you have obtained your new GSTIN, you can start filing GST returns. You need to file returns on a regular basis to keep your GST registration active.
Revoking the cancellation of your GST registration is a straightforward process, provided that you are eligible and follow the proper steps. By following the above steps, you can reinstate your GST registration and get back to business.
It is important to note that revoking the cancellation of your GST registration is a one-time opportunity, and you cannot do it again if you cancel your registration in the future. So, make sure that you are ready to restart your business before you apply for the revocation of your cancelled GST registration.