ITC to be paid on cancellation of GSTIN

If you're cancelling your GSTIN and have received a notice to refund excess Input Tax Credit (ITC), it's likely due to a discrepancy between your GSTR-3B and GSTR-2B filings. This often happens when suppliers haven't filed their returns or disclosed your invoices correctly. You'll need to reconcile your availed ITC with GSTR-2B to identify the specific invoices causing the excess. Following up with your suppliers and submitting a detailed reconciliation to your jurisdictional officer is the recommended course of action.