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<h1>GST Electronic Credit Ledger: Manage Input Tax Credits with Form GST PMT-2 for Efficient Tax Payment.</h1> The Electronic Credit Ledger is a statutory provision under the Goods and Services Tax (GST) framework, as outlined in the draft GST Payment Rules of September 2016. It serves as a digital account for taxpayers to manage their input tax credits. The ledger records all credits available to a taxpayer, which can be utilized to offset GST liabilities. The format for this ledger is specified in Form GST PMT-2, ensuring standardized documentation and compliance with the GST regulations. This system facilitates efficient tax payment and credit management for businesses under the GST regime.