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Unutilized ITC
I am running a private limited company and now I need to close the company, I am having unutilized ITC in my electronic credit ledger can I get that as refund if so what is the procedure. First I have apply for the refund or cancellation of the registration.
Replies (2)
No you have not eligible for refund if you cancel your GST registration.
You have to pay tax on unutilized ITC in your electronic credit ledger.
*You should pay tax through GSTR 10
GSTR 10 applicable for who cancelled their GST registration.
You have to pay tax on unutilized ITC in your electronic credit ledger.
*You should pay tax through GSTR 10
GSTR 10 applicable for who cancelled their GST registration.
not possible to apply for refund of INPUT TAX CREDIT
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