What is an E-Ledger in GST: Electronic Cash, Credit, and Liabilities Ledger
The implementation of Goods and Services Tax (GST)has transformed the landscape of taxaccounting in India, introducing a streamlined process aimed at reducing tax evasion and improving transparency. However, with this transformation comes the need to understand new concepts like E ledgers, which play a crucial role in managing your tax liabilities. Many businesses, especially those new to GST, find themselves grappling with how to effectively utilize electronic ledgers to maintaincompliance and ensure smooth operations.