Amendment status not verified — confirm the current text below against the official source.
Inthe Principal Act, in section 49, after sub-section (9), the following new sub-sections shall be inserted, namely: — “(10) A registered person may, on the common portal, transfer any Amendment amount of tax, interest, penalty, fee or any other amount available of section 49. in the electronic cash ledger under this Act, to the electronic cash ledger for integrated tax, central tax, State tax or cess, in such form and manner and subject to such conditions and restrictions as may be prescribed and such transfer shall be deemed to be a refund from the electronic cash ledger under this Act (11) Where any amount has been transferred to the electronic cash ledger under this Act, the same shall be deemed to be deposited in the said ledger as provided in sub-section (1).".