https://www.taxtmi.com/acts?id=28041 Payments by prescribed electronic modes are credited to a person's electronic cash ledger and self-assessed input tax credit is credited to the electronic credit ledger. Cash ledger balances may be used to pay tax, interest, penalty, fee and other amounts; credit ledger balances may be used for output tax under this Act and the Integrated Act. The law prescribes the priority of utilisation among integrated, central, State and Union territory tax credits, prohibits cross-utilisation between central and State/Union territory taxes, allows refunds of residual balances, requires an electronic liability register, and sets a specified order for discharging dues. en-us Tue, 27 Jun 2017 13:04:35 +0530 Thu, 06 Jul 2017 13:20:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28041 Payments by prescribed electronic modes are credited to a person's electronic cash ledger and self-assessed input tax credit is credited to the electronic credit ledger. Cash ledger balances may be used to pay tax, interest, penalty, fee and other amounts; credit ledger balances may be used for output tax under this Act and the Integrated Act. The law prescribes the priority of utilisation among integrated, central, State and Union territory tax credits, prohibits cross-utilisation between central and State/Union territory taxes, allows refunds of residual balances, requires an electronic liability register, and sets a specified order for discharging dues. Act-Rules GST - States Tue, 27 Jun 2017 13:04:35 +0530 https://www.taxtmi.com/acts?id=28041