https://www.taxtmi.com/forum/issue?id=112841 Tax paid under the Reverse Charge Mechanism must be deposited in cash into the Electronic Cash Ledger and cannot be adjusted against input tax credit before deposit. Such cash payments remain in the Electronic Cash Ledger until utilised for output liability or until reconciliation and return processes permit conversion into input tax credit; verification of liability and correct accounting entries is required where paid amounts do not immediately appear in the input credit ledger. en-us Tue, 19 Sep 2017 09:43:41 +0530 Thu, 23 Jan 2025 15:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112841 Tax paid under the Reverse Charge Mechanism must be deposited in cash into the Electronic Cash Ledger and cannot be adjusted against input tax credit before deposit. Such cash payments remain in the Electronic Cash Ledger until utilised for output liability or until reconciliation and return processes permit conversion into input tax credit; verification of liability and correct accounting entries is required where paid amounts do not immediately appear in the input credit ledger. Discussion-Forum GST Tue, 19 Sep 2017 09:43:41 +0530 https://www.taxtmi.com/forum/issue?id=112841