GST Registration Cancellation+ Scrutiny under ASMT-10

[Roedl Partner]

Dear Sir/Madam,

If the company has received an order of cancellation of GST registration, and GST department issues scrutiny as per FORM ASMT-10, can the company use the balance lying in the Electronic Credit Ledger even after cancellation of registration? Are there any practical difficulties involved in the process??

 

AI Summary

Electronic Credit Ledger access barred after GST registration cancellation; refunds allowed only in limited prescribed scenarios.
Electronic Credit Ledger balances cannot be used after GST registration cancellation; the taxpayer must file Form GSTR-10 and either reverse Input Tax Credit on stock held or pay tax on that stock. Remaining ledger balances are not ordinarily refundable, with refunds available only in limited, prescribed circumstances; a scrutiny notice under FORM ASMT-10 does not permit use of the credit post-cancellation.