GSTN has enabled the facility for creation of Electronic Cash Ledger and Liability Register for UIN holders

The GSTN has enabled a new facility for UIN holders for the creation of Electronic Cash Ledger and Liability Register for UIN holders. 

• UIN holders can claim a refund under section 55 of the CGST Act, 2017. The facility of Cash Ledger and Liability Register was not provided to UIN holders earlier, as they were only claiming refunds.

• As there is no check on invoices reported in Form GSTR-11, for claiming a refund, it was possible for the UIN holders to claim an excess refund in Form GST RFD-10, inadvertently.

• In such a scenario, there was no mechanism in place for the UIN holder to deposit the excess refund claimed voluntarily or for the Tax Officer to create a demand against them.

Source: CBIC Weekly Update dated May 02, 2020, Page No. 19

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