GSTN removes negative balance in cash ledgers of some composition taxpayers

Last updated: 09 July 2022


Due to the reversal of amount in the cash ledger of some composition taxpayers, the balance in the cash ledgers had become negative. The government has now decided that the negative balance in the cash ledgers of such taxpayers should be nullified. Accordingly, the negative balance has been nullified. All such taxpayers have been informed through email also.

GSTN removes negative balance in cash ledgers of some composition taxpayers

Thanking You
Team GSTN.


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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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