Adarsh babu (accountant) 03 December 2019
i want to cancel my gst registration before 31-dec and i have input credit balance in credit ledger what are the procedures??
Pankaj Rawat (GST Practitioner) 03 December 2019
As per Section 54 of CGST You cannot get refund of balance lying in credit ledger, it will get lapse when your surrender your GSTN.
Note : Need to deposit GST on closing stock (Refer Rule 20 of CGST Act)
Stay updated with latest Discussion!
Member Strength 31,39,852 and growing..
CAclubindia
