Tag Archives: Electronic Cash Ledger

 Rule 87 CGST Rules 2017 : Electronic Cash Ledger

 Rule 87 CGST Rules 2017 ( Rule 87 CGST Rules 2017 explains Electronic Cash Ledger  and is covered in Chapter IX  – Payment of Tax  : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017.) Electronic Cash Ledger 87. (1) The electronic cash ledger under sub-section (1) of section 49 shall be maintained in FORM GST PMT-05 for each… Read More »

What is the Electronic Cash Ledger under GST ?

Electronic Cash Ledger 1. What is the Electronic Cash Ledger? The Electronic Cash Ledger contains a summary of all the deposits/payments made by a taxpayer. In the ledger, information is kept minor head-wise for each major head. For convenience of user, the ledger is displayed major head-wise i.e., IGST, CGST, SGST/UTGST, and CESS. Each major… Read More »

5 Key Points about GST Payment

GST Payment 5 key Points about GST Payment :- The electronic tax liability register, electronic credit ledger and electronic cash ledger will be maintained on the common portal for every registered person. The electronic tax liability register shall be debited with amount of tax, interest, late fee, mismatch in credits, etc. It shall be credited… Read More »

Download GST Payment Formats GST PMT 1 to 7

GST Payment Formats  Final GST Payment Formats GST PMT 1 to GST PMT 7 to as per Final GST Payment of Tax Rules approved by GST Council 18.05.2017 Download Final GST Payment Formats Sr No Form No Title of the Form 1 GST PMT 1 Electronic Liability Register of registered person (Part–I: Return related liabilities… Read More »

Flow Chart GST e-Registers : e-Tax liability, e-Cash Ledger,e-Credit Register

Flow chart GST e-Registers e-Tax liability, e-Cash Ledger,e-Credit Register   What are E-Ledgers under GST? Ans. Electronic Ledgers or E-Ledgers are statements of cash and input tax credit in respect of each registered taxpayer. In addition, each taxpayer shall also have an electronic tax liability register. Once a taxpayer is registered on Common Portal (GSTN),… Read More »