An Individual, having balance of Rs. 500000/- in his Electronic credit ledger under GST, want to cancel his gst registration. Can he claim Refund of ITC of Rs. 500000/- showing in electronic credit ledger?
Menu
Refund of input tax credit under gst
Replies (5)
Not allowed for credit ledger..
No... No way for refund if it's under ITC and The GSTIN will be cancel.
sir I have filed tran 1 regarding transitional credit of vat . that credit was reflecting electronic credit ledger. but at the time of filing of July month gstr3b return again I have taken 50% of cgst and 50% sgst .then after electronic credit ledger amount was increasing.that time I understood wrongly taken.now what is the rectification
you only adjust the amount you could not refund it
how to adjust showing in credit ledger
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
