https://www.taxtmi.com/forum/issue?id=118183 The GST department does not issue a separate No Dues Certificate; registration cancellation after clearance and audit is not a clean chit, and a cancellation certificate cannot be treated as departmental clearance. Unutilised ITC in the Electronic Credit Ledger is treated as the taxpayer's asset, but current GST law lacks an explicit refund mechanism for such balances on closure, prompting requests for policy or regulatory relief. en-us Tue, 04 Oct 2022 10:50:28 +0530 Thu, 23 Jan 2025 15:54:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118183 The GST department does not issue a separate No Dues Certificate; registration cancellation after clearance and audit is not a clean chit, and a cancellation certificate cannot be treated as departmental clearance. Unutilised ITC in the Electronic Credit Ledger is treated as the taxpayer's asset, but current GST law lacks an explicit refund mechanism for such balances on closure, prompting requests for policy or regulatory relief. Discussion-Forum GST Tue, 04 Oct 2022 10:50:28 +0530 https://www.taxtmi.com/forum/issue?id=118183