Tax Utilization by Tax Declaration (lpind2146m000)

Use session to view the GST tax utilization details, such as opening balance, electronic cash ledger balance, payable tax, recoverable tax amounts and the advance tax paid to the tax authorities using the Cash journal Process. You can also use this session to adjust the Electronic Cash Ledger (ECL) balances and recoverable balances against the payable amount.
Note: 

This session can be accessed only if:

  • The Functionality for Indiacheck box is selected in the Comps. software implementados (tccom0100s000)session for the current financial company.
  • The Tax Declaration Type is set toVAT in the Declaração de imposto (tfgld1625m000)session.
  • You can also access this session using the Tax Utilization - India option from the Actions menu of the Declaração de imposto (tfgld1625m000)session.

Tax Declaration Number

The tax declaration number for which the tax utilization details must be displayed.

GST Tax Type

The GST tax type of the tax declaration number for which the tax utilization details must be displayed.

Valores permitidos

State GST
Central GST
Integrated GST
Union Territory GST
GST Cess
Social Welfare Surcharge
Kerala Flood Cess
Not Applicable
Basic Custom Duty
Currency

The code of the currency in which the tax declaration amount is expressed.

Opening Balance-Recoverable

The opening balance of the tax recoverable account for the fiscal year in which the tax declaration is submitted.

Current Period-Recoverable

The opening balance of the tax recoverable account for the current period of the fiscal year.

Total Balance-Recoverable

The total balance of the tax recoverable account.

Opening Balance-Payable

The opening balance of the tax payable account for the fiscal year in which the tax declaration is submitted.

Current Period-Payable

The opening balance of the tax payable account for the current period of the fiscal year.

Total Balance-Payable

The total balance of the tax payable account.

Opening Balance-Electronic Cash Ledger

The opening balance of the electronic cash ledger account for the fiscal year in which the tax declaration is submitted.

Current Period-Electronic Cash Ledger

The opening balance of the electronic cash ledger account for the current period of the fiscal year.

Total Balance-Electronic Cash Ledger

The total balance of the electronic cash ledger account.

Paid From Recoverable

The total tax amount paid from the recoverable account.

Paid From Electronic Cash Ledger

The total tax amount paid from the electronic cash ledger account.

Utilized from Recoverable

The tax amount utilized from the tax recoverable account.

Utilized from Electronic Cash Ledger

The tax amount utilized from the electronic cash ledger account.

Balance-Recoverable

The total balance of the tax recoverable account.

Balance-Electronic Cash Ledger

The total balance of the electronic cash ledger account.

Balance-Payable

The total balance of the tax payable account.