No Refund to Credit Ledger for Non-Operational Businesses
The Hon’ble Calcutta High Court in Edelweiss Rural & Corporate Services Limited & Anr. v. The Deputy Commissioner of Revenue, Taltala Charge, WBGST & Ors. [WPA 3033 of 2025 dated May 5, 2025] instructed the Assessing Officer to reconsider the Refund Sanction Order to the extent that it directed the refund to be credited to the Assessee’s Electronic Credit Ledger instead of their Bank Account. The direction was given by the Court on the ground that the Assessee had already ceased its business operations and had its GST registration cancelled, and thus, would not be in a position to utilize the refund credited to its Electronic Credit Ledger.
