Electronic cash and credit ledger rules govern GST payment, utilisation, transfer, and liability discharge priorities. Payment of tax, interest, penalty, fee and other amounts is made through the electronic cash ledger and electronic credit ledger. Deposits by permitted electronic modes are credited to the cash ledger, while self-assessed input tax credit is credited to the credit ledger. The section regulates utilisation, priority of discharge, cross-utilisation limits, refund of balances, recording of liabilities, transfer of cash ledger amounts, and the Government's power to prescribe the maximum proportion of output tax that may be discharged through the credit ledger.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Electronic cash and credit ledger rules govern GST payment, utilisation, transfer, and liability discharge priorities.
Payment of tax, interest, penalty, fee and other amounts is made through the electronic cash ledger and electronic credit ledger. Deposits by permitted electronic modes are credited to the cash ledger, while self-assessed input tax credit is credited to the credit ledger. The section regulates utilisation, priority of discharge, cross-utilisation limits, refund of balances, recording of liabilities, transfer of cash ledger amounts, and the Government's power to prescribe the maximum proportion of output tax that may be discharged through the credit ledger.
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