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Query Details

Asked by Sarthak on :Jun. 21, 2018

How can I use the amount appearing on the credit …

How can I use the amount appearing on the credit side of my Electronic Cash ledger (ITC)?

How can I use the amount appearing on the credit side of my Electronic Cash ledger (ITC)?

0

Chiranjibi Jun. 21, 2018

The CGST act states:

The amount available in the electronic cash ledger may be used for making any payment towards tax, interest, penalty, fees or any other amount payable under the provisions of this Act or the rules made thereunder in such manner and subject to such conditions and within such time as may be prescribed

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