GST Cancellation
GST Cancellation is the process of legally deactivating your GST registration when your business is closed, no longer required to be registered, or has merged or transferred. It ensures you are not liable to file returns or pay taxes once your business activity under GST ends.
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Benefits of GST Cancellation
Avoid Unnecessary Return Filing
No Late Fees or Penalties Post Cancellation
Legal Closure of GST Compliance
Peace of Mind for Dormant or Closed Businesses
Avoid Liability for Future Dues or Scrutiny
Applicability
GST Cancellation is applicable in the following cases:
Business discontinuation or closure
Transfer or merger of business
Change in constitution (e.g., proprietorship to LLP)
Turnover falls below the GST threshold limit
Voluntary cancellation by the taxpayer
Cancellation by the department due to non-compliance
Process
Eligibility Check
Ensure the exporter qualifies for LUT filing.Drafting the LUT Application
Prepare the Letter of Undertaking as per GST norms.Online Filing on GST Portal
Submit LUT online with verification and supporting details.Acknowledgment Generation
Obtain confirmation and download filed LUT.Annual Renewal Tracking
Keep track of yearly expiry and file before the new financial year.
Documents Required
GSTIN and login credentials
Authorized signatory PAN
Copy of IEC (Import Export Code)
Previous year’s LUT (if any)
Authorization letter/board resolution
Address proof and identity documents of signatory
What You’ll Get
End-to-end GST LUT filing assistance
Expert verification of eligibility
Filing confirmation with acknowledgment
Timely renewal reminders
Support for zero-rated supply compliance
Frequently Asked Questions
LUT must be filed at the beginning of each financial year to remain valid for that year.
Yes, but you’ll need to pay IGST and claim a refund, which can block working capital.
Yes, both goods and services exporters can file LUT to avoid paying IGST.
You may face non-compliance issues, interest liability, and refund delays.
Yes, LUT is valid for one financial year and must be renewed annually.
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