Cash ledger balance

I am a composition tax payer and i have paid excess cash in challan,
now I would like to opt out from composition, and my question is may i utilize the cash in regular
Replies (2)
Quick Summary
If you're a composition taxpayer and have paid excess cash via challan, you can indeed utilise this balance in a regular scheme when opting out. The excess amount in your cash ledger will remain there even after you switch to the regular scheme.

Yes you can utilize the same
Yes you can ... the balance in cash ledger will remain therein , even if you opt the regular Scheme

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