https://www.taxtmi.com/acts?id=28685 Section 49 requires deposits by prescribed electronic modes to be credited to an individual's electronic cash ledger and self-assessed input tax credit to an electronic credit ledger. Amounts in the cash ledger may meet any payable sums; amounts in the credit ledger apply to output tax under this Act or the Integrated Act, subject to prescribed conditions. The section prescribes the sequence for credit utilisation between integrated, central, State and Union territory tax, forbids cross-utilisation between certain taxes, allows refunds of ledger balances under section 54, requires an electronic liability register, and sets the payment priority for dues. en-us Fri, 30 Jun 2017 15:35:06 +0530 Wed, 19 Jul 2017 13:08:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28685 Section 49 requires deposits by prescribed electronic modes to be credited to an individual's electronic cash ledger and self-assessed input tax credit to an electronic credit ledger. Amounts in the cash ledger may meet any payable sums; amounts in the credit ledger apply to output tax under this Act or the Integrated Act, subject to prescribed conditions. The section prescribes the sequence for credit utilisation between integrated, central, State and Union territory tax, forbids cross-utilisation between certain taxes, allows refunds of ledger balances under section 54, requires an electronic liability register, and sets the payment priority for dues. Act-Rules GST - States Fri, 30 Jun 2017 15:35:06 +0530 https://www.taxtmi.com/acts?id=28685