Procedure for reversal of amount lying in Credit ledger on cancellation of GST registration certi

Amin (Partner) (82 Points)

06 August 2022  

The GST registration certificate of one our firm  was cancelled suo moto by the deptt as we took time to  cancel the RC  for several months and filed NIL returns.  We filed all the nil returns  till cancelation month. We had a credit Balance in our credit ledgeer on the portal. Recentrly this return period has come in audit and and we have been called upon  for reversal of  amount in credit ledger.

We wanted and will be obliged by some one helping us procedure in the matter of rreversal of credit ledger amounts after RC is cancelled