Answer

1. F

   Facts

   The electronic cash ledger shows deposits and debits. The electronic liability register shows what you owe from returns, notices and orders. Both are under Services, Ledgers on the portal.

2. P

   Provisions and law

   • Rule 87, CGST Rules 2017Electronic cash ledger in PMT-05, challan PMT-06 valid for 15 days, payment modes, CIN, PMT-07 for failed credits and PMT-09 transfers
   • Rule 85, CGST Rules 2017Electronic liability register records all liabilities of a taxpayer
3. A

   Analysis

   Example: the liability register shows Rs 12,000 interest pending from a late return that you did not notice. Paying it closes the item. Mismatches between the ledger and your books often come from challans paid but not used. Download both ledgers each month and match with your accounts.

4. C

   Conclusion

   1. 1Go to Services, Ledgers
   2. 2Open the cash ledger and liability register
   3. 3Download statements for the period
   4. 4Match with your books and clear pending items

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.