https://www.taxtmi.com/article/detailed?id=16977 Deposit of funds in an electronic cash ledger is distinguished from payment of GST through debit and appropriation towards Government dues. In reverse-charge transactions, a taxpayer may face interest consequences where ledger amounts are not timely appropriated, and input tax credit cannot be availed before such appropriation. The article notes conflicting approaches on whether timely ledger deposit itself discharges tax liability, affecting payment timing, interest exposure and input tax credit treatment. en-us Mon, 20 Jul 2026 09:38:16 +0530 Mon, 20 Jul 2026 09:38:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16977 Deposit of funds in an electronic cash ledger is distinguished from payment of GST through debit and appropriation towards Government dues. In reverse-charge transactions, a taxpayer may face interest consequences where ledger amounts are not timely appropriated, and input tax credit cannot be availed before such appropriation. The article notes conflicting approaches on whether timely ledger deposit itself discharges tax liability, affecting payment timing, interest exposure and input tax credit treatment. Articles Goods and Services Tax - GST Mon, 20 Jul 2026 09:38:16 +0530 https://www.taxtmi.com/article/detailed?id=16977