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<h1>GST settlement register tracks credit, debit and net settlement entries for State and Union Territory reporting.</h1> Consolidated Settlement Register for State/UT GST settlement reporting records monthly and yearly amounts to be credited, debited and net settled for a State or Union Territory. It aggregates settlement entries for Centre-State/UT accounts relating to returns, distribution of IGST recovered amounts, compounding amounts and pre-deposits, and distribution of IGST where place of supply cannot be determined. It also captures reductions due to credit notes, refund-related appeal deposits, and recoveries made out of refunds, with each component and the total shown separately.
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