Refund at the time of registration

If you're cancelling your GST registration and have a credit balance in your electronic cash ledger, you can claim this back by filing Form RFD-1. Unfortunately, any balance in the electronic credit ledger cannot be refunded upon cancellation; it will lapse. However, you can use this credit to offset your output liability before the cancellation is finalised. Remember to account for GST on any closing stock you hold at the time of cancellation.