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.

(Querist)
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.

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 (Querist)
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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