ITC INPUT CREDIT AT THE TIME OF CANCELLATION OF REGISTRATION

If you're cancelling your GST registration and have an Input Tax Credit (ITC) balance, you may be able to claim it as a refund. You'll need to file a refund application with supporting documents, and it's generally advisable to do this before cancelling your registration. If you have stock on hand, you'll need to reverse the ITC on that stock. However, if you have an ITC ledger balance with no stock, reversal isn't usually required, though a refund might not be permitted in all cases.