https://www.taxtmi.com/acts?id=22713 Electronic Tax Liability Register in FORM GST PMT-1 on the Common Portal records all payable amounts by a registered taxable person and is debited for liabilities from returns, officer determinations, mismatches and accruing interest. Payments of return liabilities must be made by debiting the Electronic Credit Ledger and/or Electronic Cash Ledger with corresponding credits to the tax liability register. Amounts arising from deduction or collection at source and payments of interest, penalty or fees are paid from the electronic cash ledger and credited to the tax liability register. The register is adjusted for appellate relief and reductions in penalty upon payment specified in show cause notices or demand orders. en-us Thu, 06 Oct 2016 18:27:45 +0530 Thu, 06 Oct 2016 18:29:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22713 Electronic Tax Liability Register in FORM GST PMT-1 on the Common Portal records all payable amounts by a registered taxable person and is debited for liabilities from returns, officer determinations, mismatches and accruing interest. Payments of return liabilities must be made by debiting the Electronic Credit Ledger and/or Electronic Cash Ledger with corresponding credits to the tax liability register. Amounts arising from deduction or collection at source and payments of interest, penalty or fees are paid from the electronic cash ledger and credited to the tax liability register. The register is adjusted for appellate relief and reductions in penalty upon payment specified in show cause notices or demand orders. Act-Rules Bills Thu, 06 Oct 2016 18:27:45 +0530 https://www.taxtmi.com/acts?id=22713