Electronic cash ledger transfer permitted between tax ledgers via common portal, transfers deemed refund and deposited accordingly. Amendment authorizes a registered person to transfer any amount of tax, interest, penalty, fee or other amounts from the electronic cash ledger to ledgers for integrated, central, State, Union territory tax or cess via the common portal in the prescribed form, manner, conditions and restrictions; such transfer is deemed to be a refund from the electronic cash ledger and, once transferred, is deemed deposited in the receiving electronic cash ledger as provided in subsection (1).
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 ledger transfer permitted between tax ledgers via common portal, transfers deemed refund and deposited accordingly.
Amendment authorizes a registered person to transfer any amount of tax, interest, penalty, fee or other amounts from the electronic cash ledger to ledgers for integrated, central, State, Union territory tax or cess via the common portal in the prescribed form, manner, conditions and restrictions; such transfer is deemed to be a refund from the electronic cash ledger and, once transferred, is deemed deposited in the receiving electronic cash ledger as provided in subsection (1).
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
