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 49 J&K GST Act 2017: Procedures for Tax Payments, Credit Utilization, and Ledger Management Explained</h1> Section 49 of the Jammu and Kashmir Goods and Services Tax Act, 2017 outlines the procedures for payment of tax, interest, penalties, and other amounts. Deposits made via various banking methods are credited to a person's electronic cash ledger. Input tax credit is credited to an electronic credit ledger and can be used for tax payments under specified conditions. The section details the order of utilization for different types of tax credits and prohibits certain cross-utilizations. It mandates maintaining an electronic liability register and specifies the order of discharging tax liabilities. Refunds of ledger balances are governed by section 54.
TaxTMI 
TaxTMI 
