https://www.taxtmi.com/forum/issue?id=121037 Rule 86B compliance is considered where output tax was wholly discharged through input tax credit without the required electronic cash-ledger payment. The discussion treats Section 49(12) as substantive, supporting the view that Rule 86B operates only from that provision's effective date. It suggests cash-ledger payment followed by a refund claim for excess payment. The stated refund limitation runs from the date of correct cash payment, and excess utilisation of input tax credit is not regarded as tax unpaid. en-us Tue, 21 Jul 2026 15:36:08 +0530 Sun, 26 Jul 2026 06:19:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121037 Rule 86B compliance is considered where output tax was wholly discharged through input tax credit without the required electronic cash-ledger payment. The discussion treats Section 49(12) as substantive, supporting the view that Rule 86B operates only from that provision's effective date. It suggests cash-ledger payment followed by a refund claim for excess payment. The stated refund limitation runs from the date of correct cash payment, and excess utilisation of input tax credit is not regarded as tax unpaid. Discussion-Forum GST Tue, 21 Jul 2026 15:36:08 +0530 https://www.taxtmi.com/forum/issue?id=121037