Maintenance of electronic ledgers:

These are running electronic ledgers maintained on the dashboard of a taxpayer by GSTN). These would be updated in real time on an activity in connection with these ledgers by the taxpayer. Both the ITC ledger and the cash ledger will be utilized by the taxpayer for discharging the tax liabilities of the returns and others. Details in these ledgers will get auto populated from previous tax period returns (irrespective of mode of filing return i.e. online / offline utility)

Cash ledger: As per section 35 (1), any amount deposited to the account of the concerned Government (CGST, SGST, IGST and additional tax) shall be credited to the electronic cash ledger of such person.

ITC ledger: As per section 35 (2), ITC as self-assessed in the return shall be credited to his electronic credit ledger in the first instance. It will have details on ITC claimed & utilized for CGST, SGST & IGST.

Tax Liability ledger: As per section 35 (7) of the act, liabilities of a taxable person in form of tax, interest, fee & penalty towards CGST, SGST & IGST is recorded and maintained in this ledger.