GST DAILY – 508: Refund credited to the credit ledger unjustified where business stood closed and registration was cancelled: HC

THE HON’BLE CALCUTTA HIGH COURT IN THE CASE OF Edelweiss Rural & corporate Services Ltd. V/s Deputy Commissioner of Revenue, decided on 5-5-2025

 👉 Issue:-

✔️ What would be Refund if business stood closed and registration was cancelled?

👉 The Hon’ble High Court Judgement:-

✔️ Where Refund sanction order had itself observed that assessees business was closed down, its registration was cancelled and it had no tax dues refund claim was already allowed, direction to credit refund amount to credit ledger instead of bank account of assessee was self-contradictory since there was no business for assessee to take benefit of refund credited to assessees credit ledger.

Section 54 of Central Goods and Services Tax Act, 2017