TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 44 GST Law: Tax Payment Procedures, Electronic Ledgers, Input Tax Credit Utilization, and Refunds Explained.</h1> Section 44 of the Model GST Law outlines the procedures for the payment of tax, interest, penalties, and other amounts by taxable persons. Payments can be made through various electronic methods and are credited to the electronic cash ledger. Input tax credit is credited to the electronic credit ledger and can be used for tax payments following specific utilization rules, such as prioritizing IGST, CGST, and SGST in a prescribed order. Remaining balances in the ledgers may be refunded, and all liabilities are recorded in an electronic liability register. Tax and dues must be discharged in a specified order, and tax incidence is presumed to be passed to the recipient unless proven otherwise.
TaxTMI 
TaxTMI 
