Want to zero reversal electronic credit reversal ledger

This query is : Resolved

Quick Summary

Discussion on whether GST registration can be surrendered when balances appear in the Electronic Credit Reversal & Re-claimed Statement. Experts debated whether only the electronic credit ledger and liabilities must be cleared or if re-claimed ITC also requires final reversal before cancellation.

JIGNESH

JIGNESH (Querist)
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09 January 2026 I wish to surrender my GSTIN. But some ITC shown in ELECTRONIC CREDIT REVERSAL AND RE_CLAIMED STATEMENT. Now, what to do ?? Can I surrender as it is or want to permanently reversal ? Please help me.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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09 January 2026 You can surrender GSTIN even if Electronic Credit Reversal & Re-claimed Statement is not zero. Only ITC ledger balance and tax liability must be cleared. No permanent reversal is required merely to nullify that statement.

JIGNESH

JIGNESH (Querist)
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10 January 2026 Sir, another expert received answers as under
You cannot surrender the GSTIN as it is--any ITC shown as re-claimed must be finally reversed and the Electronic Credit Ledger be made NIL before filing the surrender application.

Ref: Section 29(1) & (2), 18(4) and Rule 44 & 20

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