GST cancellation refers to the process of voluntarily cancelling a GST registration. This could happen when a taxpayer ceases to carry out the taxable activities for which they registered or for any other valid reasons.

1. Reasons for Cancellation: Taxpayers can request GST cancellation when they no longer engage in taxable activities, close their business, or meet any other criteria specified by the GST law for cancellation.

2. Online Cancellation Application: Taxpayers can apply for GST cancellation through the GST portal or designated website. The application form requires providing details such as the reason for cancellation, date of cessation of taxable activities, and other relevant information.

3. Verification and Submission: After filling out the cancellation application, taxpayers need to verify the details and submit the application online through the GST portal.

4. Final Return: After the successful cancellation of GST registration, the taxpayer needs to file a final GST return. This return covers the period up to the date of cancellation and includes all relevant details, including output tax liability, input tax credits, and other financial information.

5. Acknowledgment and Confirmation: After filing the final return, taxpayers receive an acknowledgment from the GST portal. The tax authorities may verify the final return to ensure compliance and proper closure of the GST registration.