Electronic Cash Ledger as per section 49(1) of the CGST Act, 2017 shall be maintained for each person on the common portal for crediting the amount deposited and for debiting the payments towards __________.

CS Executive · Tax Laws · PYQS · December 2020
Electronic Cash Ledger as per section 49(1) of the CGST Act, 2017 shall be maintained for each person on the common portal for crediting the amount deposited and for debiting the payments towards __________.
(A) interest
(B) output tax
(C) penalty and fee
(D) all of the above

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: GST

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