Difference between E-FPB and E ledger under GST terms

How to differentiate E ledger with E-FPB?

 

What is E ledger? How does E-FPB work under GST regime? What are the difference between E ledger and E-FPB?

 

Under GST system, the following information explains about E ledger and E-FPB.

 

As per GST terms,   E ledger means:  All the taxpayers will also get three electronic ledgers namely E-cash Ledger, E-credit Ledger & E-liability Ledger. These ledgers will reflect the amount of tax payable, input credit balance, and on adding money to the cash ledger the taxpayer will also be able to settle the tax liability online.  E-FPB stands for Electronic Focal Point Branch. These are branches of authorized banks which are authorized to collect payment of GST. Each authorized bank will nominate only one branch as its E-FPB for pan India transactions. 

 

The details about E ledger and E-FPB with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on E ledger and E-FPB, so as to enable you to have a clear idea on these GST terms.

 

For your immediate reference, we give below web links on E ledger and E-FPB separately below.  You may kindly read the below links to know more about E-FPB and E ledger.  

 

What is E ledger under GST

Meaning of E-FPB under GST

 

The above information easily explains about E-FPB and E ledger.

 

I hope, you have satisfied with the difference between E ledger and E-FPB explained above. Do you have different thought on difference between E-FPB and E ledger?

 

Share below your thoughts about E ledger and E-FPB

 

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