I closed my business in 2023 and applied for GSTIN cancellation in Oct 2024 that is still pending.
Current status is showing as: Stage 2, Pending for Processing.
On checking filing history, I found that FY 2025-26 has zero returns filed (cuz all would be NIL anyhow as no business activities). One July GSTR-1 in FY 2024-25 is showing as Not Filed.
Do I need to file NIL returns for the above before the cancellation can be approved?
What could be any other reason for the pending status?
Please help. Thanks!