There is number to reason to cancel GST registration some of reason that your business is closing down or GST is not applicable to you or may be some other reasons. On the cancelation of the registration you will not be a GST registered person any more. you will not to pay or collect GST or claim input tax credit and accordingly and no need file GST returns.

However, it is to be noted that once the person registered for the GST on voluntarily basis than he/she cannot apply for GST Registration cancellation before the expiry of a one year from the effective date of registration.

Prior to the cancellation of registration, the officer would issue a notice to such person whose GST registration is liable to be cancelled, requiring show cause within seven working days from the date of service of such notice as to why the GST registration should not be cancelled. The registered person can reply to the show cause notice within the prescribed time, or the GST registration can stand cancelled.