Cancellation of GST registration simple words means that the taxpayer will not be a GST registered person, in other words, the taxpayer won't be registered with GST.
In simple words, Goods and Service Tax (GST) is the indirect taxation system with both managed and administered by both the Central Governments and State Governments. Under the present GST regime, individuals or businesses whose turnover exceeds Rs.40 lakhs (Rs. 10 lakh for NE and hill states) ... Read more