Tax Ledger and E-cash Ledger

Posted on 11 June 2022 Category : GST terms difference

How to differentiate E-cash Ledger with Tax Ledger?

What is E-cash Ledger? How does Tax Ledger work under GST regime? What are the difference between E-cash Ledger and Tax Ledger?

Under GST system, the following information explains about E-cash Ledger and Tax Ledger.

This ledger will serve as an electronic wallet. Where, the taxpayer needs to make any payment such as tax, interest, penalty etc and he does not have enough credit in his E-Credit ledger, he will have to simply add money to the wallet and the money will be utilized to make the payment.

Each registered taxpayer will get a profile created on the government’s GST website. The taxpayer using the login credentials will be able to access all features along with a dashboard. 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.

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

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

Term E-cash Ledger under GST

Meaning of Tax Ledger under GST

The above information easily explains about Tax Ledger and E-cash Ledger.

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

Share below your thoughts about E-cash Ledger and Tax Ledger

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