Electronic Credit Ledger is the ledger reflecting input tax credit of GST claimed on purchases. The taxpayer can use the balance in this ledger utilised for payment of tax only. Taxpayer cannot use it for payment of interest, fee, penalty etc. Taxpayer can download Electronic Credit Ledger from the GST Portal.
Steps to view or download Electronic Credit Ledger on GST Portal?
- Login to GST Portal
Log in to your account on the GST Portal with valid username and password
- Navigate to Electronic Credit Ledger
Go to Services > Ledgers > Electronic Credit Ledger
- Balance on Current Date
The screen displays balance of Electronic Credit Ledger as on the current date
- Select Period
Click on Electronic Credit Ledger and enter the period for which you want to view the ledger.
Note: You can view the Electronic Credit Ledger for a maximum period of 6 months only.
- View Electronic Credit Ledger
The Electronic Credit Ledger will appear on the screen. The taxpayer can download it in pdf or excel format.
No, the taxpayer cannot assign the balance in electronic credit ledger to a specific liability unless he/she makes a debit entry from credit ledger. Taxpayer can use the balance by logging into the account on GST Portal.
No, the amount may continue to remain in the Electronic Credit Ledger and can be utilized for any future liability. A refund can only be claimed if Input Tax Credit has been accumulated due to the export of goods and/or services and/or due to the rate of tax on outward supplies being lower than inward supplies.