Amendment status not verified — confirm the current text below against the official source.
In section 49 ofthe principal Act, after sub-section (9), the following * sub-sections shall be inserted, namely:— “(10} Aregistered person may, on the common portal, transfer any Int of tax, interest, penalty, fee or any other amount available in the electronic cash ledger underthis Act, to the electronic cash ledger for integrated tax, central tax, State tax or cess, in such form and manner andsubject to such conditions andrestrictions as may be prescribed andsuch transfershall be deemed to be a refund from the electronic cash ledger under this Act. : (11) Where any amounthas 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).”.