How to Cancel GST Registration Online?
The Goods and Services Tax (GST) is one of the most transformative tax reforms in India. It was brought in 2017 and aimed at creating a unified tax structure, eliminating cascading taxes, and promoting transparency in the business environment. Over time, it has streamlined business operations across the country. Registration of GST is only mandatory when the turnover of the business reaches and surpasses a particular threshold. But there exist certain circumstances when the businesses may need to cancel the GST registration of their business.