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>Understanding Section 49: Managing Payments and Liabilities Under the Madhya Pradesh GST Act, 2017</h1> Section 49 of the Madhya Pradesh Goods and Services Tax Act, 2017 outlines the procedures for the payment and management of tax, interest, penalties, and other amounts. Deposits made via various banking methods are credited to a person's electronic cash ledger, while input tax credits are credited to the electronic credit ledger. These ledgers are used to settle tax liabilities in a prescribed order, prioritizing integrated, central, state, and union territory taxes. Unused balances may be refunded. All liabilities are recorded in an electronic liability register, and tax dues are prioritized for payment. Tax incidence is presumed to be passed to the recipient unless proven otherwise.
TaxTMI 
TaxTMI 
