Big Change in GST Electronic Cash Ledger Allowed : PMT 9 : CA Satbir Singh

Join Membership and Get Exclusive Videos and Posts for Members only https://www.youtube.com/channel/UCDy5n4YEOg6daXPT-P-eESA/join Transfer of balance in #GST #ECashLedger in #PMT9 allowed from 01.01.2020 Notification No 01/2020 Central Tax : CGST Amendment from 01.01.2020 as per Finance (No. 2) Act 2019 https://www.taxheal.com/notification-no-01-2020-central-tax-cgst-amendment-from-01-01-2020-as-per-finance-no-2-act-2019.html Notification No 01/2020 Integrated Tax : IGST Act 2017 Amendment by Finance (No. 2) Act 2019 from 01.01.2020 https://www.taxheal.com/notification-no-01-2020-integrated-tax-igst-act-2017-amendment-by-finance-no-2-act-2019-from-01-01-2020.html Seeks to bring into force certain provisions of the Finance (No. 2) Act, 2019 to amend the IGST Act, 2017 Section 114 of the Finance (No. 2) Act, 2019 Insertion of new section 17A 114 . After section 17 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the following section shall be inserted, namely:-- "17A. Transfer of Certain amounts.—Where any amount has been transferred from the electronic cash ledger under this Act to the electronic cash ledger under the State Goods and Services Tax Act or the Union Territory Goods and Services Tax Act, the Government shall transfer to the State tax account or the Union territory tax account, an amount equal to the amount transferred from the electronic cash ledger, in such manner and within such time, as may be prescribed.". New Books on GST & Tax : https://taxheal.com/new-releases-in-book-store Learn GST with CA Satbir Singh on Unacademy https://unacademy.com/user/casatbirgill-2113 GST Online Course by CA Satbir Singh :https://www.patreon.com/casatbirsingh TaxHeal Mobile App Download : https://play.google.com/store/apps/details?id=com.taxheal Subscribe Taxheal by Email : https://feedburner.google.com/fb/a/mailverify?uri=TaxHeal&loc=en_US Daily GST News Taxheal : https://www.youtube.com/playlist?list=PL-DdSi94kMoNNveKGgU-I8Zbn6MAP9LER GST Online Course ( India) ! GST Training Online http://taxheal.com/gst-online-course-india-gst-training-online.html Due Date of Various GST Returns : Notification wise, Month wise & Form wise http://taxheal.com/gst-returns-due-dates.html CGST Act 2017 of India : https://taxheal.com/cgst-act-2017-chapter-wise-section-wise.html CGST Rules 2017  : https://taxheal.com/cgst-rules-2017.html IGST Act 2017 of India : https://taxheal.com/igst-act-2017-chapter-wise-section-wise.html Topic wise Commentary on GST Act of India https://taxheal.com/commentary-gst-act-india.html DISCLAIMER ******** This video is merely a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax or professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end.