Cancellation of registration

Registration 290 views 2 replies
i want to cancel my gst registration before 31-dec and i have input credit balance in credit ledger what are the procedures??
Replies (2)
As per Section 54 of CGST You cannot get refund of balance lying in credit ledger, it will get lapse when your surrender your GSTN.

Note : Need to deposit GST on closing stock (Refer Rule 20 of CGST Act)
Ok thank you sir. for your valuable assist


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