payment of GST

what is electronic liability register under GST and when it is credited and debited.
Replies (3)
-Ledger is an electronic form of passbook for GST. These e-ledgers are available to all GST registrants on the GST Portal. 

The e-ledgers contains details of the following-

A. Amount of GST deposited in cash to government in Electronic Cash Ledger

B. Balance of Input Tax Credit available (ITC) in Electronic Credit Ledger

C. Manner of Setoff of GST liability and balance liability (if any) Electronic Liability Ledger
electronic liability ledger show the demand if any raised by department because of short payment of liability, excess credit of input tax or excess amount of credit carry forward in Trans-1 or 2.

Thanks,
Rajbir Yadav ((tax consultant)
9540721100
it means when our liability to pay arise then our liability register is debited and when we pay that liability the liability register is credited.
am I right?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details