According to one embodiment, an erasing apparatus for a sheet includes a conveying path configured to convey a sheet on which an image is formed with a coloring agent that is erased by heating, a first erasing section including, on an upstream side of the conveying path, a first heating member provided on one surface side of the sheet and a first rotating roller provided to be opposed to the first heating member, and a second erasing section including, on a downstream side of the first erasing section, a second heating member provided on the other surface side of the sheet and a second rotating roller provided to be opposed to the second heating member.