TMI BlogPayment of tax, interest, penalty and other amountsX X X X Extracts X X X X X X X X Extracts X X X X ..... nternet banking or by using credit/debit cards or National Electronic Fund Transfer or Real Time Gross Settlement or by any other mode, subject to such conditions and restrictions as may be prescribed in this behalf, shall be credited to the electronic cash ledger of such person to be maintained in the manner as may be prescribed. Explanation .- The date of credit to the account of the appro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es made thereunder in such manner and subject to such conditions and within such time as may be prescribed. (5) (a) The amount of input tax credit on account of IGST available in the electronic credit ledger shall first be utilized towards payment of IGST and the amount remaining, if any, may be utilized towards the payment of CGST and SGST, in that order. (b) The amount of input tax credit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... may be refunded in accordance with the provisions of section 48 and the amount collected as CGST/SGST shall stand reduced to that extent. (7) All liabilities of a taxable person under this Act shall be recorded and maintained in an electronic liability register as may be prescribed. (8) Every taxable person shall discharge his tax and other dues under this Act or the rules made thereunder in ..... X X X X Extracts X X X X X X X X Extracts X X X X
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