Refund to be paid in cash and not re-credited to the Electronic Credit Ledger where business is permanently closed and GST registration surrendered
The Hon’ble Allahabad High Court (Lucknow Bench) in M/s VosslohCogifer Turnouts India Pvt. Ltd. directed the Revenue to disburse the sanctioned refund of Rs. 1,10,72,753/-, which was earlier directed to be re-credited as ITC in the E Cr. L, in cash/ in the bank account of the assessee
