electronic credit ledger definition

electronic credit ledger means the electronic credit ledger referred to in sub-section (2) of section 49;
electronic credit ledger means the electronic credit ledger referred to in sub- section (2) of section 49;
electronic credit ledger means the electronic credit ledger referred to in sub-section

More Definitions of electronic credit ledger

electronic credit ledger means the input tax credit ledger in electronic form maintained at the common portal for each registered taxable person in the manner as may be prescribed in this behalf;
electronic credit ledger means the electronic credit ledger referred to in sub-section (2) of section 49 ;
electronic credit ledger means the electronic credit ledger referred to in sub-section (46) of section 2 of the Central Goods and Services Tax Act, 2017 (12 of 2017);
electronic credit ledger means the electronic credit ledger referred to in
electronic credit ledger means the electronic credit ledger referred to in subsection (2) of section 49;2(47). "exempt supply"In this Act, unless the context otherwise requires,-
electronic credit ledger means the electronic credit ledger referred to in sub-section (2) of section 49 - [Sec 2(46)]
electronic credit ledger means the electronic credit ledger referred to in sub-section (2) of section 44;Author comments: In GST regime, the amount of credit to be available will be auto-populated (GSTR-2) by the GST system based on the Outward supply returns (GSTR-1) filed by the vendors. Thus, effectively the availment and utilisation of credit will be through electronic ledger. This mechanism is currently operational in Maharashtra VAT through J1 and J2 forms.