Can have any way to Withdraw Available ITC amount at end of the Cancellation of GST Registration ???


This query is : Resolved 

Quick Summary
This discussion addresses how to withdraw or claim the available Input Tax Credit (ITC) from the electronic credit ledger when a business is cancelling its GST registration. While generally unutilised ITC isn't refundable upon business closure, specific procedures might apply, especially when closing registration in only one of multiple states. Filing the GSTR-10 is often a key step in this process.

02 February 2023 Dear Experts,

Greetings!!
Kindly suggest how to Get/Refund of available ITC at Electronic Credit Ledger.

03 February 2023 Have you filed GSTR-10?
As per the provisions of Section 54, the unutilized input tax credit on the reason that the business is closed or discontinued is not available.

07 February 2023 Thank you Sir,
Not yet filed, Actually party have GST registration in two state , out of which they want to close one state business but ITC available in that GST.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query