- Allahabad High Court allowed a cash refund of ITC re-credited to the Electronic Credit Ledger.
- The refund was permitted after the taxpayer’s GST registration was surrendered or the business was closed.
- The court held that the amount did not have to remain locked in the ledger.
Source: a2ztaxcorp.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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