https://www.taxtmi.com/acts?id=27008 The provision requires deposits made by prescribed electronic modes to be credited to an electronic cash ledger and self-assessed input tax credit to an electronic credit ledger. Ledger balances may be used, subject to prescribed conditions, to pay tax, interest, penalty, fees and other amounts; surplus balances may be refunded. It prescribes the order for utilisation of input tax credit across integrated, central, State and Union territory tax heads, prohibits certain cross-utilisation, mandates an electronic liability register, sets a priority sequence for discharging dues, and deems tax paid to have been passed on to recipients unless disproved. en-us Thu, 22 Jun 2017 15:51:02 +0530 Thu, 22 Jun 2017 15:51:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27008 The provision requires deposits made by prescribed electronic modes to be credited to an electronic cash ledger and self-assessed input tax credit to an electronic credit ledger. Ledger balances may be used, subject to prescribed conditions, to pay tax, interest, penalty, fees and other amounts; surplus balances may be refunded. It prescribes the order for utilisation of input tax credit across integrated, central, State and Union territory tax heads, prohibits certain cross-utilisation, mandates an electronic liability register, sets a priority sequence for discharging dues, and deems tax paid to have been passed on to recipients unless disproved. Act-Rules GST - States Thu, 22 Jun 2017 15:51:02 +0530 https://www.taxtmi.com/acts?id=27008