Electronic ledger payments and input tax credits determine permissible use and priority of GST liabilities and refunds.

Deposits made by electronic modes are credited to an electronic cash ledger and self assessed input tax credit to an electronic credit ledger, both maintained as prescribed. Cash ledger balances may be used for tax, interest, penalty, fees or other amounts; credit ledger balances may be used for output tax under this Act or the Integrated Act, subject to prescribed conditions. The section prescribes the order for utilising different tax credits, restricts cross-utilisation between central and State/Union territory tax, mandates an electronic liability register, and treats Government bank credit as the date of deposit.

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