Yes, you can apply for the surrender of your GST registration if you no longer meet the eligibility criteria or if you wish to discontinue your GST compliance. Here’s what you need to know:

• Eligibility for Surrender:
  If your business turnover falls below the threshold, or if you are no longer engaged in any taxable activities, you may opt to surrender your GST registration.

• Relevant Provisions:
  Under the CGST Act, provisions allow taxpayers to voluntarily surrender their GST number. This process is intended to help businesses avoid unnecessary compliance if they are no longer required to be registered.

• Procedure to Surrender Your GST Number:

  1. Log in to the GST Portal:
     Access your account on the official GST portal.

  2. Submit an Application:
     Fill out the form for cancellation/surrender of registration, providing the required details and reasons.

  3. Compliance Check:
     Ensure that all pending returns are filed and any outstanding tax liabilities or refunds are settled.

  4. Confirmation:
     Once your application is processed, you will receive confirmation that your GST registration has been surrendered.

• Important Reminder:
  Surrendering your GST number means you can no longer collect GST on your sales or claim input tax credits. Make sure this is the right step for your business before applying.