GST Input after cancellation of GSTIN
This query is : Resolved
24 May 2024
Dear Experts,
What treatment to be done for GST input balance remaining after GSTIN is cancelled and GSTR 10 also filed.
Pls advice
Regards,
What treatment to be done for GST input balance remaining after GSTIN is cancelled and GSTR 10 also filed.
Pls advice
Regards,
CA Puja Sharma
(Expert)
24 May 2024
Treat the same as expenditure in your books of accounts. Reverse the earlier treament of ITC earlier classifies as asset
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