CBIC issues clarification on issues relating to cancellation of registration

CBIC issues clarifications on various issues in relation to processing of applications for cancellation of registration filed by taxpayers in FORM GST REG-16; Acknowledges that it might be difficult in some cases to exactly identify or pinpoint the day on which occurrence of the event warranting cancellation of registration occurs; Clarifies that in such cases, 30-day deadline may be liberally interpreted and taxpayers application for cancellation of registration may not...