GSTR is cancelled at the request of client and has been approved by the portal with no demand. There is Rs.80000 approx ITC lying in ECL .
is there any way to get refund of this.Busines is disconnected.?
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Refund of Credit balance of ITC lying in Electronic credit ledger
Replies (5)
If you claimed itc on input you have to reverse the same and remaining shall be lapsed
Contact GST dept with supporting documents..You may get the refund
The ITC reflecting in the ECL will lapse.
There is no way to claim refund now.
Refund of ITC can only be claimed under inverted duty structure and exports
Refund is allowed for export And inverted duty structure only. you have balance in credit ledger it means you have stock in business. if you sale ur goods you don't need to pay gst to government now. so you can't take refund.
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