refund of itc in electronic credit ledger

ITC / Input 235 views 4 replies
can i get a claim of itc available in electronic credit ledger because now i have to surrender the gst number because of business discontinuance.
Replies (4)
No ,Never,as per sec 54
No way for claim refund for Your balance ITC.
It will be reversible if You will discontinue/ Close Your Business...
sir i have itc of 100000 but now i shut down my business and surrender my gst so according to u that 100000 lapse?
Yes.... It's lapse, As per Your query..


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