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credit ledger refund

Bathri Narayanan (208 Points)

31 May 2018

how to refund the credit ledger

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4 Replies

Subhkaran Surana (343 Points)
Replied 31 May 2018

please clarify the doubt

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Bathri Narayanan (208 Points)
Replied 31 May 2018

I have applying gst cancellation.its pending for one month above. in my gst I have credit ledger for rs 20000,I want refund the amount.its possible.plz any give your idea

Vinod Babu (24191 Points)
Replied 01 June 2018

Refund is possible but after setting off your liabilities. Suppose you have closing stock, then ITC of that should be reversed and balance of credit can be refunded.
You must apply for refund on gst portal by online.