GST Electronic Cash, Credit and Liability Ledgers.

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E-Ledgers under GST Law
  • Types of E-Ledger under GST
1. Electronic Cash Ledger u/s 49(1) of CGST Act, 2017

Every deposit made towards tax, interest, penalty, fee or any other amount by a person by internet banking or by using credit or debit cards or National Electronic Fund Transfer or Real Time Gross Settlement or by such other mode and subject to such conditions and restrictions as may be prescribed, shall be credited to the electronic cash ledger of such person to be maintained in such manner as may be prescribed.

In other words Electronic Cash Ledger provides a summary of all your GST payments (GST Challan) It reflects the cash available to pay off your GST tax liability. 

2. Electronic Credit Ledger u/s 49(2) of CGST Act, 2017

 Input tax credit (ITC) as self-assessed in the return of a registered person shall be credited to his electronic credit ledger, in accordance with section 41, to be maintained in such manner as may be prescribed. 

In other words Electronic Credit Ledger reflects all the ITC taken in GSTR-3B during filing of returns.

3.Electronic Liability Register under CGST Act, 2017.

All liabilities of a taxable person under this Act shall be recorded and maintained in an electronic liability register in such manner as may be prescribed.

In other words Elctronic Liability Register reflacts our Total GST liability i.e. Outward supplies liability (GSTR-1) and RCM Liability (GSTR-3B) which are payable in GSTR-3B









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