Want to zero reversal electronic credit reversal ledger

This query is : Resolved

JIGNESH (Querist)
Follow

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)
Follow

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)
Follow

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

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