Question 1

Q1. What is an Electronic Credit Ledger?

Accepted Answer

In the Electronic Credit Ledger, all credits accrued on account of inward supplies made by a taxpayer within a tax period are accumulated. The ledger is maintained Major Head-wise, i.e., IGST, CGST, SGST, and CESS.

Question 2

Q2. Who maintains the Electronic Credit Ledger?

Accepted Answer

The Electronic Credit Ledger is maintained by the GST System.

Question 3

Q3. Where can the taxpayers view their Electronic Credit Ledger?

Accepted Answer

Taxpayers can view their Electronic Credit Ledger in the post login mode by logging on to the GST Portal. Path: Services > Ledgers > Electronic Credit Ledger

Question 4

Q4. Can a taxpayer view the Electronic Credit Ledger of another taxpayer?

Accepted Answer

No. An Electronic Credit Ledger can be viewed only by the taxpayers themselves or by the concerned Jurisdictional Officer (JO).

Question 5

Q5 . How can the credit available in the Electronic Credit Ledger be utilized? Can a taxpayer utilize the credit available in one major head to pay tax liability under any other major head?

Accepted Answer

The amount available in the Electronic Credit Ledger can be utilized for paying off tax liabilities as per the following rules:

Question 6

Q6. How can a taxpayer check the available balance in the Electronic Credit Ledger?

Accepted Answer

A taxpayer can login to the GST Portal and check the available balance on the landing page of the Electronic Credit Ledger.

Question 7

Q7. Can a taxpayer make debit entry in advance for the future liability in the Electronic Credit Ledger?

Accepted Answer

No, the Electronic Credit Ledger can be debited only against an existing tax liability.

Question 8

Q8. Can the amount available in the Electronic Credit Ledger be deemed as payment for any liability?

Accepted Answer

No, unless the taxpayer makes a debit entry from the Electronic Credit Ledger against a specific liability, the amount available in the Electronic Credit Ledger cannot be assigned to any liability.

Question 9

Q9. Can a Departmental Officer debit the Electronic Credit Ledger in case of outstanding dues?

Accepted Answer

Yes, in exceptional circumstances as permitted in the Act and rules, especially when the amount of additional demand is not stayed by the Appellate Authority, Tribunal, or Court, the credit can be debited to the extent of the demand by the proper officer.

Question 10

Q10. Is it necessary to claim refund of the excess amount available in the Electronic Credit Ledger?

Accepted Answer

No, the amount may continue to remain in the Electronic Credit Ledger and can be utilised for any future liability. Refund can only be claimed if ITC has been accumulated due to export of goods and/or services and/or due to rate of tax on outward supplies being lower than inward supplies.

Question 11

Q11. Can a taxpayer utilise the credit available in the Electronic Credit Ledger for purposes other than return liability?

Accepted Answer

Yes. Taxpayer can utilize the credit against other than return related liabilities as well. However, credit can be adjusted only against tax liability.

Question 12

Q12. Can I download the Credit Ledger?

Accepted Answer

Yes. You can download and save the Credit ledger from your dashboard in PDF and CSV format on your local machine.

Question 13

Q13. Where can I see my transitional credit?

Accepted Answer

You can see your transitional credit in the Electronic Credit Ledger. This is identified with a different description and reference.

Question 14

Q14. Where can I see the credit on transition from composition to normal taxpayer?

Accepted Answer

You can see your credit on transition from composition to normal taxpayer in the Electronic Credit Ledger.

Question 15

Q15. Electronic Credit Ledger is not maintained for which taxpayers?

Accepted Answer

Electronic Credit Ledger is not maintained for composition taxpayer, ISD taxpayer and Tax Deductor & E-commerce operator.

Question 16

Q16. Can I edit the Electronic Credit Ledger?

Accepted Answer

No, you cannot edit the Electronic Credit Ledger. You can ONLY view the details in the Electronic Credit Ledger.

Question 17

Q17. What is provisional credit table? What does it show?

Accepted Answer

Provisional credit tables display the balance of provisional and mismatch credit, tax period wise. Navigate to Services > Ledgers > Electronic Credit Ledger > Provisional Credit Balance link to view it.

Question 18

Q18. How a taxpayer can utilize credit available in Electronic Credit Ledger?

Accepted Answer

The credit available can be utilized to pay off the tax liabilities as per the utilization rules. Balance in credit ledger cannot be utilized for payment of fees, Penalty and interest.

Question 19

Q19. Can a GST Practitioner view my Credit ledger? Can I allow or deny access to my GST Practitioner to view my Credit ledger?

Accepted Answer

Yes, a GST Practitioner can view your Credit ledger who has been authorized by you. You can allow or deny GST practitioner to view your credit ledger by online engaging/disengaging a GST practitioner.

Question 20

Q20. Electronic Credit Ledger can be viewed for which period?

Accepted Answer

You can view the Electronic Credit Ledger for a maximum period of 6 months.

Question 21

Q21. Can cess be used to make payment of IGST/ CGST/ SGST/ UTGST?

Accepted Answer

No, Credit availed on CESS will be available for setoff against any output tax liability of CESS only. There is no Inter head adjustment for CESS Input Tax Credit.

Question 22

Q22. What is blocking or unblocking of ITC in Electronic Credit Ledger?

Accepted Answer

Jurisdiction Officer may scrutinize the amount of ITC claimed by a taxpayer, through GST TRAN-1 and GST TRAN-2 etc. for its authentication. The concerned Jurisdiction Officer may decide to temporarily block the ITC available to a taxpayer, wherever it is felt that further investigation is required, in the interest of the revenue. The Jurisdictional Officer may block CGST, SGST, IGST & Cess balance in whole or in part.

Question 23

Q23. Where can I view blocked credit balance?

Accepted Answer

Navigate to Services > Ledgers > Electronic Credit Ledger > Blocked Credit Balance to view the blocked credit balance.

Electronic Credit Ledger

Credit Note in GST