Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Regarding utilisation of ELECTRONIC CREDIT LEDGER BALANCE

266 views

Save Share

Join Us Follow Us Add as Source

VINODKUMAR. VINODKUMAR.

8 Points Posted on 24 February 2021

can we utilize ECL BALANCE in GSTR-9 tax liability of for that FY.

Replies (3)

Quick Summary

This discussion clarifies that you can indeed use your Electronic Credit Ledger (ECL) balance to settle any tax liability arising from your GSTR-9 filing. When prompted to pay after filing, you can opt to use the DRC-03 form and select the option to pay via your credit ledger if there's an outstanding amount. This is a straightforward method to clear your dues using available ITC.

JASKARAN SINGH

435 Points Posted on 24 February 2021

Yes sir..... u can use easily..... when there is any liability after filing gstr 9 ,when u enter again on the page u see a option.....pay liability under 9 by DRC 03 if any ....after then there will be there ledger..... liability legder, credit ledger and cash legder.... u can use ITC to pay if there is any Outsanding liability file filing DRC 03