https://www.taxtmi.com/article/detailed?id=7024 The document sets out the GST payment framework: categories of tax and liable persons; payment timing determined by earliest of receipt, invoice or completion; and electronic payment mechanics centred on an electronic tax liability register plus separate cash and credit ledgers. It specifies permitted payment modes, mandate and challan procedures with Challan Identification Numbers, ledger debit rules including that credit ledger may be used only for tax (not interest or penalties), the order for UTILISATION of credits, instalment relief subject to authority approval, and that unpaid self assessed tax renders a return invalid and blocks input tax credit confirmation. en-us Fri, 07 Oct 2016 08:46:31 +0530 Tue, 18 Oct 2016 12:49:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7024 The document sets out the GST payment framework: categories of tax and liable persons; payment timing determined by earliest of receipt, invoice or completion; and electronic payment mechanics centred on an electronic tax liability register plus separate cash and credit ledgers. It specifies permitted payment modes, mandate and challan procedures with Challan Identification Numbers, ledger debit rules including that credit ledger may be used only for tax (not interest or penalties), the order for UTILISATION of credits, instalment relief subject to authority approval, and that unpaid self assessed tax renders a return invalid and blocks input tax credit confirmation. Articles Goods and Services Tax - GST Fri, 07 Oct 2016 08:46:31 +0530 https://www.taxtmi.com/article/detailed?id=7024