GST Refund Cannot Be Credited to Electronic Credit Ledger of Defunct Business with Cancelled Registration: Calcutta HC

GST Refund Cannot Be Credited to Electronic Credit Ledger of Defunct Business with Cancelled Registration: Calcutta HC The Calcutta High Court has ruled that a Goods and Services Tax (GST) refund cannot be credited to the electronic credit ledger of a defunct business whose registration has been cancelled. The court clarified that the electronic credit ledger is operational for active businesses, and a defunct entity with cancelled registration cannot utilize it. This decision provides clarity on the procedures for GST refunds for businesses that are no longer operational and whose registrations have been de-activated.