ॐ असतो मा सद्गमय
All payments will reflect in the ‘electronic cash ledger’ of the person. As the portal is common for CGST, SGST, UTGST and IGST, all the payments will be reflected in a single electronic cash ledger. However, cross utilization may not be allowed within the ledger.
(ICAI FAQ PUBLICATIONS 06-09-2017 TAX PAYMENT, INTEREST, PENALTY AND OTHER AMOUNTS: FAQ NO. 17)
The date of credit to the account of the appropriate Government in the authorized bank shall be deemed to be the date of deposit in the electronic cash ledger. Therefore, in this case the date of payment/deposit of tax shall be 21st October 2017, which means a delay of one day in payment of tax.
(ICAI FAQ PUBLICATIONS 06-09-2017 TAX PAYMENT, INTEREST, PENALTY AND OTHER AMOUNTS: FAQ NO. 16)
There is no restriction on the account to be used of the taxable person for payment of the tax. The payment can be made by a third party from his account using the GSTIN of the taxable person to get the amount debited to the electronic cash ledger of the taxable person.
(ICAI FAQ PUBLICATIONS 06-09-2017 TAX PAYMENT, INTEREST, PENALTY AND OTHER AMOUNTS:FAQ NO. 15)
Where the bank account of the concerned taxable person, or the person making the deposit on his behalf, is debited but no Challan Identification Number (CIN) is generated or generated but not communicated to the common portal, the said person may represent electronically in FORM GST PMT-07 through the Common Portal to the Bank or electronic gateway through which the deposit was initiated.
(ICAI FAQ PUBLICATIONS 06-09-2017 TAX PAYMENT, INTEREST, PENALTY AND OTHER AMOUNTS: FAQ NO. 14)
Challan Identification Number (CIN) is the number generated for identification of payment made by the taxable person. It will be generated upon successful credit of the amount to the concerned government account maintained in the authorized bank. CIN shall be generated by the collecting bank and the same shall be indicated in the challan.
ICAI FAQ PUBLICATIONS 06-09-2017 TAX PAYMENT, INTEREST, PENALTY AND OTHER AMOUNTS: FAQ NO. 13)
The mandate form generated at the common portal shall be valid for a period of fifteen days from the date of generation of challan.
(ICAI FAQ PUBLICATIONS 06-09-2017 PAYMENT OF TAX, INTEREST, PENALTY AND OTHER AMOUNTS: FAQ NO. 12)
In order to deposit tax by way of NEFT or RTGS, the taxable person needs to generate a mandate form along with the challan and submit it to Bank for processing.
(ICAI FAQ PUBLICATIONS 06-09-2017 PAYMENT OF TAX, INTEREST ,PENALTY AND OTHER AMOUNTS: FAQ NO. 11)
The challan FORM GST PMT-06 generated at the common portal shall be valid for a period of fifteen days.
(ICAI FAQ PUBLICATIONS 06-09-2017 PAYMENT OF TAX, INTEREST, PENALTY AND OTHER AMOUNTS: FAQ NO. 10)
The restriction of deposits upto ` 10,000/- per challan per tax period, by cash, cheque or demand draft is not applicable to the deposit made by:
(a) Government Departments or any other deposit to be made by persons as may benotified by the Commissioner in this behalf;
(b) Proper officer or any other officer authorized to recover outstanding dues from any person, whether registered or not, including recovery made through
attachment or sale of movable or immovable properties;
(c) Proper officer or any other officer authorized for the amounts collected by way of cash or cheque, demand draft during any investigation or enforcement activity or any adhoc deposit
(ICAI FAQ PUBLICATIONS 06-09-2017 PAYMENT OF TAX, INTEREST, PENALTY AND OTHER AMOUNTS: FAQ NO. 9)
Any person, or a person on his behalf, shall generate a challan in FORM GST PMT-06 on the Common Portal and enter the details of the amount to be deposited by him towards tax, interest, penalty, fees or any other amount and pay the amount through any of the following modes:
(i) Internet banking through authorized bank;
(ii) Credit/debit card through the authorized bank;
(iii) National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS) from any bank;
(iv) Over the Counter payment (OTC) through authorized banks for deposits upto ` 10,000/- per challan per tax period, by cash, cheque or demand draft.
(ICAI FAQ PUBLICATIONS 06-09-2017 PAYMENT OF TAX, INTEREST, PENALTY AND OTHER AMOUNTS: FAQ NO. 8)