If a Registration is cancelled, the Electronic Credit Ledger or Electronic Cash Ledger are debited by :

• A. IPT availed on Stock, Semi-Finished Goods or finished Goods and Capital Goods
• B. OPT payable on Such Goods
• C. IPT availed on Stock, Semi-Finished Goods , finished Goods and Capital Goods or OPT payable on Such Goods whichever is Higher
• D. No Tax Liability on Cancellation of Registration