How can I cancel my GST registration to avail the benefits of reverse charge mechanism (RCM)?
S Gomathi Nayagam, Ambasamudram, Tamil Nadu
Dear S Gomathi,
Firstly, you can avail the benefits of reverse charge mechanism (RCM) only if you earn less than Rs.20 lakh.
In addition, you have to ensure that you do not have any GST payment pending before applying for cancelation. The GST portal may not accept your application form if you have any pending GST amount.
You can cancel your GST registration by visiting this link https://services.gst.gov.in/services/login. Once you have logged in with your credentials, you will have to click on ‘cancellation of provisional registration’ appearing on the extreme right hand side.
You will have to mention the reason by simply stating that your turnover is less than Rs.20 lakh. Now, if you have not issued any tax invoice so far, you are good to cancel your GST registration by submitting it. However, if you have issued tax invoice, you will have to wait a little, as the government is yet to issue a separate form called GST-REG-16.
In case, if you have already requested for GST registration and paid all pending GST, follow this process to get it done.
Login to ‘GST Portal’ using your log-in ID
Click on ‘Submit Grievance’
Select the category as ‘Others’ from the drop down
Post your grievance as ‘GSTIN cancellation pending’