https://www.taxtmi.com/article/detailed?id=6863 Liabilities must be paid electronically and credited to electronic cash ledgers, with an established order of discharge prioritising self assessed earlier period dues, then current period dues, then other amounts. Registered taxable persons may provisionally credit self assessed input tax credit to an electronic credit ledger; matching, reversal and reclaim rules apply. Utilisation follows a prescribed order across IGST, CGST and SGST, and utilisation of IGST credit for CGST/SGST triggers transfers from the IGST account to the respective accounts; apportionment and refund mechanisms are provided for IGST, interest and penalty. en-us Sat, 18 Jun 2016 10:16:23 +0530 Sun, 19 Jun 2016 13:07:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6863 Liabilities must be paid electronically and credited to electronic cash ledgers, with an established order of discharge prioritising self assessed earlier period dues, then current period dues, then other amounts. Registered taxable persons may provisionally credit self assessed input tax credit to an electronic credit ledger; matching, reversal and reclaim rules apply. Utilisation follows a prescribed order across IGST, CGST and SGST, and utilisation of IGST credit for CGST/SGST triggers transfers from the IGST account to the respective accounts; apportionment and refund mechanisms are provided for IGST, interest and penalty. Articles Goods and Services Tax - GST Sat, 18 Jun 2016 10:16:23 +0530 https://www.taxtmi.com/article/detailed?id=6863