Pls comment : Balance as per electronic cash ledger should tally with laiblity/payable OR receivable in ase of ITC towards GST in books of accounts at a given particular date ?
Menu
Electronic cash ledger
Replies (2)
Yes if all your returns(GSTR 3B) have correctly i.e in lined with your accounts, been submitted then balance as on particular date of both books and cash ledger will tally.
Your E-Cash ledger balance is amount payable in cash (when available/eligible ITC falls short against balance in E-liability register).
So as per simple math, Your Cash ledger should be equal to Your Liability Register (less) Eligible ITC
So as per simple math, Your Cash ledger should be equal to Your Liability Register (less) Eligible ITC
Recent Threads
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
- About CMP-08
- RCM List on GST
- Resignation of Previous Auditor
- Summary of GST Notification 18/2025 (Effective 1 N
Related Threads
CAclubindia
