electronic credit ledger

i have 70,000 igst balance in electronic credit ledger.
how to use it?
or how to utilise it?
my sales is always less than my purchases.
please guide me
Replies (3)
You can only setoff any balance in credit ledger by your output liabilities only
You can utilise the credit to set off liabilities while filing returns.
You can utilise the credit to set off liabilities while filing returns.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register