Question ID : 37996

ITC on Business Closure

A Pvt. Ltd. co. Surrenders it's GST registration of one state. The closing stock in that state is Nil. The company has accumulated ITC in the normal course of business over the time and do not have invert tax structure in that state and involved in Import/trading activity. Can the company get the refund of ITC lying in it's Electronic Credit Ledger of CGST/SGST/IGST?

posted by SK on Feb 23 2019 12:00AM