To help taxpayers track their GST liabilities, payments and Input Tax Credit availability and utilisation, the GSTN has enabled one electronic register called the Electronic liability register and two electronic ledgers namely Electronic Cash Ledger and Electronic Credit Ledger on the GST portal. The electronic liability register is maintained in FORM GST PMT-01, electronic cash ledger is maintained in FORM GST PMT-05, and the electronic credit ledger is maintained in FORM PMT 02 in GST . In this article, we will discuss the Electronic Credit Ledger (FORM GST PMT-02):
For every GST registered person eligible to claim Input Tax Credit (ITC) on the GST common portal, an electronic credit ledger should be maintained in FORM GST PMT 02.
Note: