Answer

1. F

   Facts

   Yes. A person who is no longer liable to be registered can apply under Sec 29(1)(c). The earlier one-year lock-in for voluntary registrants was removed from January 2018.

2. P

   Provisions and law

   • Sec 29(1)(c), CGST Act 2017Cancellation when the person is no longer liable to be registered under Sec 22 or 24
   • Sec 22, CGST Act 2017Registration is compulsory only above the turnover threshold, unless Sec 24 applies
   • Rule 20, CGST Rules 2017Application in REG-16 within 30 days of the event, with details of stock, liability and payment
3. A

   Analysis

   If you do only intra-state supplies below the threshold and none of the Sec 24 compulsory cases apply, you can surrender. Check first: inter-state sales of goods, selling through an e-commerce operator that collects TCS, or reverse charge cases can need registration regardless of turnover. Also think about business impact: B2B clients may prefer a registered supplier for ITC. Stock and capital goods tax under Sec 29(5) still applies.

4. C

   Conclusion

   1. 1Confirm none of the Sec 24 compulsory registration cases apply to you.
   2. 2Compute stock and capital goods tax.
   3. 3File REG-16 with reason no longer liable.
   4. 4File GSTR-10 after the order.

Service exporters and online sellers often still need registration; check before surrendering.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.