Debits to Electronic Credit Ledger :
The electronic credit ledger shall be debited to the extent of discharge of any liability in accordance with section 49 of CGST Act – Rule 2(2) of Payment Rules.
Debit to Electronic Credit Ledger if refund of credit claimed under section 54 – Where a registered person has claimed refund of any unutilized amount from the electronic credit ledger in accordance with the provisions of section 54, the amount to the extent of the claim shall be debited in the said ledger – Rule 2(3) of Payment Rules.
Re-credit if refund claim is rejected – If the refund so filed is rejected, either fully or partly, the amount debited under rule 2(3), to the extent of rejection, shall be re-credited to the electronic credit ledger by the proper officer by an order made in form GST PMT-03 – Rule 2(4) of Payment Rules.
For the purpose of this rule, a refund shall be deemed to be rejected, if the appeal is finally rejected or if the claimant gives an undertaking to the proper officer that he shall not file an appeal – Explanation to Rule 2 of Payment Rules.
No other debit or credit in Electronic Credit Ledger – Save as provided in these rules, no entry shall be made directly in the electronic credit ledger under any circumstance – Rule 2(5) of Payment Rules.
Intimation of discrepancy to officer – A registered person shall, upon noticing any discrepancy in his electronic credit ledger, communicate the same to the officer exercising jurisdiction in the matter, through the Common Portal in form GST PMT-04 – Rule 2(6) of Payment Rules.