What is Electronic Cash Ledger

Rule-87 of CGST Rules 2017

Elec­tron­ic Cash Ledger.- 

(1) The elec­tron­ic cash ledger under sub-sec­tion (1) of sec­tion 49 shall be main­tained in FORM GST PMT-05 for each per­son, liable to pay tax, inter­est, penal­ty, late fee or any oth­er amount, on the com­mon por­tal for cred­it­ing the amount deposit­ed and deb­it­ing the pay­ment there­from towards tax, inter­est, penal­ty, fee or any oth­er amount.

• Any per­son, or a per­son on his behalf, shall gen­er­ate a chal­lan in FORM GST PMT-06 on the com­mon por­tal and enter the details of the amount to be deposit­ed by him towards tax, inter­est, penal­ty, fees or any other
• The deposit under sub-rule (2) shall be made through any of the fol­low­ing modes, namely:- 
  • Inter­net Bank­ing through autho­rised banks;
  • Cred­it card or Deb­it card through the autho­rised bank;
  • Nation­al Elec­tron­ic Fund Trans­fer or Real Time Gross Set­tle­ment from any bank; or
  • Over the Counter pay­ment through autho­rised banks for deposits up to ten thou­sand rupees per chal­lan per tax peri­od, by cash, cheque or demand draft:

Pro­vid­ed that the restric­tion for deposit up to ten thou­sand rupees per chal­lan in case of an Over the Counter pay­ment shall not apply to deposit to be made by –

• Gov­ern­ment Depart­ments or any oth­er deposit to be made by per­sons as may be noti­fied by the Com­mis­sion­er in this behalf;
• Prop­er offi­cer or any oth­er offi­cer autho­rised to recov­er out­stand­ing dues from any per­son, whether reg­is­tered or not, includ­ing recov­ery made through attach­ment or sale of mov­able or immov­able properties;
• Prop­er offi­cer or any oth­er offi­cer autho­rised for the amounts col­lect­ed by way of cash, cheque or demand draft dur­ing any inves­ti­ga­tion or enforce­ment activ­i­ty or any ad hoc deposit:

Pro­vid­ed fur­ther that the chal­lan in FORM GST PMT-06 gen­er­at­ed at the com­mon por­tal shall be valid for a peri­od of fif­teen days.

Expla­na­tion.– For the pur­pos­es of this sub-rule, it is here­by clar­i­fied that for mak­ing pay­ment of any amount indi­cat­ed in the chal­lan, the com­mis­sion, if any, payable in respect of such pay­ment shall be borne by the per­son mak­ing such payment.

• Any pay­ment required to be made by a per­son who is not reg­is­tered under the Act, shall be made on the basis of a tem­po­rary iden­ti­fi­ca­tion num­ber gen­er­at­ed through the common
• Where the pay­ment is made by way of Nation­al Elec­tron­ic Fund Trans­fer or Real Time Gross Set­tle­ment mode from any bank, the man­date form shall be gen­er­at­ed along with the chal­lan on the com­mon por­tal and the same shall be sub­mit­ted to the bank from where the pay­ment is to be made:

Pro­vid­ed that the man­date form shall be valid for a peri­od of fif­teen days from the date of gen­er­a­tion of challan.

• On suc­cess­ful cred­it of the amount to the con­cerned gov­ern­ment account main­tained in the autho­rised bank, a Chal­lan Iden­ti­fi­ca­tion Num­ber shall be gen­er­at­ed by the col­lect­ing bank and the same shall be indi­cat­ed in the challan
• On receipt of the Chal­lan Iden­ti­fi­ca­tion Num­ber from the col­lect­ing bank, the said amount shall be cred­it­ed to the elec­tron­ic cash ledger of the per­son on whose behalf the deposit has been made and the com­mon por­tal shall make avail­able a receipt to this
• Where the bank account of the per­son con­cerned, or the per­son mak­ing the deposit on his behalf, is deb­it­ed but no Chal­lan Iden­ti­fi­ca­tion Num­ber is gen­er­at­ed or gen­er­at­ed but not com­mu­ni­cat­ed to the com­mon por­tal, the said per­son may rep­re­sent elec­tron­i­cal­ly in FORM GST PMT-07 through the com­mon por­tal to the bank or elec­tron­ic gate­way through which the deposit was initiated.
• Any amount deduct­ed under sec­tion 51 or col­lect­ed under sec­tion 52 and claimed in FORM GSTR-02 by the reg­is­tered tax­able per­son from whom the said amount was deduct­ed or, as the case may be, col­lect­ed shall be cred­it­ed to his elec­tron­ic cash ledger in accor­dance with the pro­vi­sions of rule
• Where a per­son has claimed refund of any amount from the elec­tron­ic cash ledger, the said amount shall be deb­it­ed to the elec­tron­ic cash ledger.
• If the refund so claimed is reject­ed, either ful­ly or part­ly, the amount deb­it­ed under sub-rule (10), to the extent of rejec­tion, shall be cred­it­ed to the elec­tron­ic cash ledger by the prop­er offi­cer by an order made in FORM GST PMT-03.
• A reg­is­tered per­son shall, upon notic­ing any dis­crep­an­cy in his elec­tron­ic cash ledger, com­mu­ni­cate the same to the offi­cer exer­cis­ing juris­dic­tion in the mat­ter, through the com­mon por­tal in FORM GST PMT-04.

Expla­na­tion 1.- The refund shall be deemed to be reject­ed if the appeal is final­ly rejected.

 

Expla­na­tion 2.– For the pur­pos­es of this rule, it is here­by clar­i­fied that a refund shall be deemed to be reject­ed, if the appeal is final­ly reject­ed or if the claimant gives an under­tak­ing to the prop­er offi­cer that he shall not file an appeal.