ICAI Indirect committee published article on Payments under GST : Download

1. How can a taxpayer can get information regarding the status of payment/s made?

Taxpayers will be intimated regarding the payment status by SMS, E-mail and the same will also be updated on the GST Portal (www.gst.gov.in)  In the pre-login mode, taxpayers can track their payments using the Track Payment Status facility on the GST portal under Services > Payments > Track Payment Status.

In the post-login mode, taxpayers can access their Challan History under Services > Payments > Challan History.

2. What are different payment status types?

1. Initiated – If no intimation has been received from Bank (during the re-ping in case of E-payment)

2. Paid  – CIN received by taxpayer and status updated on portal as PAID

3. Not Paid – default status on challan generation

4. Failed – Failure of any online transaction initiated by taxpayer

5. Paid at tax Office – When taxpayer makes payment at Commercial Tax Office counter (Enforcement Activity).

6. Awaiting Bank Confirmation – In case of Internet Banking (Maker-Checker) till the time Checker authenticates the transaction

7. Awaiting Bank Clearance – Instrument (cheque/DD) deposited in case of Over The Counter mode

8. Expired – No payment initiated within 15 days of generation of challan

9. Cheque/DD Dishonored – Instrument dishonored due to insufficient funds or any other reason

10. Transaction Failed – On failure of transaction initiated through Internet Banking or Credit Card/Debit Card.

11. MoE Reversal – Memorandum of Error not in favor of taxpayer

Related Post

GST Offline Payments by NEFT/RTGS : FAQs

GST Online Payments by Net Banking : FAQs

GST Offline Payments: Over the Counter : FAQs

GST Challan : FAQ’s

To make GST Payment , we needs to make GST Challan. Here is the procedure to make GST Challan . After you have created GST Challan following are the methods to make GST Payment .

There are two modes of making GST Payment

A) Pre Login Mode

B) Post Login Mode

How do I make the GST payment in pre-login mode?

To make the GST payment in pre-login mode, perform the following steps:

1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed.

2. Click the Services > Payments > Create Challan command.

3. The Create Challan page is displayed. In the GSTIN/UIN/TRPID/TMPID field, enter your GSTIN.

Note:

• In case UN Bodies, Embassies, Government Offices or Other Notified persons wants to create a Challan in pre-login, they need to provide Unique Identification Number (UIN).

• In case Tax Return Preparers wants to create a Challan in pre-login, they need to provide Tax Return Preparer Identification Number (TRPID).

• In case unregistered dealer having temporary ID wants to create a Challan in pre-login, they need to provide Temporary Identification Number (TMPID).

4. In the Type the characters as displayed below field, enter the captcha text.

5. Click the PROCEED button.

6. In the Tax Liability Details grid, enter the details of payment to be made. The Total Challan Amount field and Total Challan Amount (In Words) fields are auto-populated with total amount of payment to be made.

7. Select the Mode of E-Payment.

In case of E-Payment

a. In the Payment Modes option, select the E-Payment as payment mode.

b. Click the GENERATE CHALLAN button.

c. The OTP Authentication box appears. In the Enter OTP field, enter the OTP sent on registered mobile number of the taxpayer whose GSTIN/UIN/TRPID/TMPID is entered.

d. Click the PROCEED button.

e. The Challan is generated.

Note: You can also download the GST Challan by clicking the DOWNLOAD button.

f. Select the Mode of E-Payment as Net Banking.

g. Select the Bank through which you want to make the payment.

h. Select the checkbox for Terms and Conditions apply.

i. Click the MAKE PAYMENT button

Note: You will be directed to the Net Banking page of the selected Bank. The payment amount is shown at the Bank’s website. If you want to change the amount, abort the transaction and create a new challan.

In case of successful payment, you will be re-directed to the GST Portal where the transaction status will be displayed. The payment receipt is displayed. To view the receipt, click the View Receipt link. You can also make another payment by clicking the MAKE ANOTHER PAYMENT button.

In case of Over the Counter

a. In the Payment Modes option, select the Over the Counter as payment mode.

b. Select the Name of Bank where cash or instrument is proposed to be deposited.

c. Select the type of instrument as Cash/ Cheque/ Demand Draft.

d. Click the GENERATE CHALLAN button.

e. The OTP Authentication box appears. In the Enter OTP field, enter the OTP sent on registered mobile number of the taxpayer whose GSTIN/UIN/TRPID/TMPID is entered.

f. Click the PROCEED button.

g. The Challan is generated.

Note: You can also download the GST Challan by clicking the DOWNLOAD button

h. Take a print out of the Challan and visit the selected Bank.

i. Pay using Cash/ Cheque/ Demand Draft within the Challan’s validity period.

j. Status of the payment will be updated on the GST Portal after confirmation from the Bank.

In case of NEFT/ RTGS

a. In the Payment Modes option, select the NEFT/RTGS as payment mode.

b. In the Remitting Bank drop-down list, select the name of the remitting bank.

c. Click the GENERATE CHALLAN button.

d. The OTP Authentication box appears. In the Enter OTP field, enter the OTP sent on registered mobile number of the taxpayer whose GSTIN/UIN/TRPID/TMPID is entered.

e. Click the PROCEED button.

f. The Challan is generated.

Note: You can also download the GST Challan by clicking the DOWNLOAD button

g. Take a print out of the Challan and visit the selected Bank. Mandate form will be generated simultaneously.

h. Pay using Cheque through your account with the selected Bank/ Branch. You can also pay using the account debit facility.

i. The transaction will be processed by the Bank and RBI shall confirm the same within <2 hours>.

j. Once you receive the Unique Transaction Number (UTR) on your registered e-mail or mobile number, you can link the UTR with the NEFT/RTGS CPIN on the GST Portal. Go to Challan History and click the CPIN link. Enter the UTR and link it with the NEFT/RTGS payment.

k. Status of the payment will be updated on the GST Portal after confirmation from the Bank.

l. The payment will be updated in the Electronic Cash Ledger in respective minor/major heads.

How do I make the GST payment post-login

How do I make the GST payment post-login to the GST Portal once the challan is generated?

To make the GST payment post-login to the GST Portal once the challan is generated, perform the following steps:

1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed.

2. Login to the GST Portal with valid credentials.

3. Access the generated challan. Click the Services > Payments > Challan History command.

4. Select the CPIN link for which you want to make the payment.

Note: In case you don’t know the CPIN number, you can select the Search By Date option to search the CPIN number by date on which it was generated.

5. Select the Mode of E-Payment.

In case of E-Payment

In case of Net Banking

a. Select the Bank through which you want to make the payment.

b. Select the checkbox for Terms and Conditions apply.

c. Click the MAKE PAYMENT button

In case of Credit/ Debit Cards

a. In the Please select a payment gateway, select the payment gateway option.

b. Select the checkbox for Terms and Conditions apply.

c. Click the MAKE PAYMENT button 

Note: You will be directed to the Net Banking page of the selected Bank. The payment amount is shown at the Bank’s website. If you want to change the amount, cancel the transaction and create a new challan.

In case of successful payment, you will be re-directed to the GST Portal where the transaction status will be displayed. The payment receipt is displayed.

• To view the receipt, click the View Receipt link.

• You can also make another payment by clicking the MAKE ANOTHER PAYMENT button.

• You can view the Electronic Cash ledger by clicking the Click here to view your Cash Ledger link.

In case of Over the Counter

a. In the Payment Modes option, select the Over the Counter as payment mode.

b. Select the Name of Bank where cash or instrument is proposed to be deposited.

c. Select the type of instrument as Cash/ Cheque/ Demand Draft.

d. Click the GENERATE CHALLAN button.

e. Take a print out of the Challan and visit the selected Bank.

f. Pay using Cash/ Cheque/ Demand Draft within the Challan’s validity period.

g. Status of the payment will be updated on the GST Portal after confirmation from the Bank.

In case of NEFT/ RTGS

a. In the Payment Modes option, select the NEFT/RTGS as payment mode.

b. In the Remitting Bank drop-down list, select the name of the remitting bank.

c. Click the GENERATE CHALLAN button.

d. Take a print out of the Challan and visit the selected Bank. Mandate form will also be generated simultaneously.

e. Pay using Cheque through your account with the selected Bank/ Branch.You can also pay using the account debit facility.

f. The transaction will be processed by the Bank and RBI shall confirm the same within <2 hours>.

g. Once you receive the Unique Transaction Number (UTR) on your registered e-mail or mobile number, you can link the UTR with the NEFT/RTGS CPIN on the GST Portal. Go to Challan History and click the CPIN link. Enter the UTR and link it with the NEFT/RTGS payment.

h. Status of the payment will be updated on the GST Portal after confirmation from the Bank.

i. The payment will be updated in the Electronic Cash Ledger in respective minor/major heads.

Related Topic on GST

Indore, Oct 23 (IANS) Under the proposed Goods and Services Tax (GST) regime, individuals and entities can pay taxes online using debit or credit cards, the government said on Sunday.

“With regard to payments, the best thing that will happen is all payments will have to be made online. You can use any mode of payment, electronic, NEFT, RTGS. You can do it through debit cards or credit cards of any bank,” Revenue Secretary Hasmukh Adhia said while addressing the Global Investors Summit here.

“You need not open an account in banks of government. Even if you have account in a private bank, you can transfer money and it will reach the government,” Adhia said.

The top officer said GST will make it easier for traders and industry to access Input Tax Credit, as well as ease the compliance burden since the entire country will become a single market.

“I would ask the states to focus on the services sector because industry will come on its own once demand increases,” he said.

The government, which proposes to implement the new pan-India indirect tax regime from the start of the next fiscal in April, has made registration, refunds, returns filing and payment processes online.

The GST regime will also ensure that the taxes deducted by sellers reach the government, Adhia added.

At its second meeting last month after its constitution, the GST Council chaired by Union Finance Minister Arun Jaitley approved five sets of draft rules relating to registration, payments, returns and refunds under GST.

These provide for online registration by residents within three days of submission of application.

Non-residents who will come under the purview of the GST will be required to electronically submit the application for registration at least five days prior to the commencement of business and shall also deposit full tax liability in advance.

The draft rules also provide that if a tax official fails to take action on registration application within a stipulated time frame, the application for grant of registration shall be deemed to have been approved.

An applicant seeking registration will have to submit PAN, mobile number, email address on the common portal or through a facilitation centre.

In case all documents are in order, the tax official will approve registration in three working days from the date of submission of application. The rules provide for suo moto registration of persons who are liable, but have failed to apply for registration.

The GST Council, however, has failed to decide on the big issue of GST rates in its three meetings held, and is likely to take a decision in its next meeting here slated for November 3 to 4.

5 key Points about GST Payment :-

1. The electronic tax liability register, electronic credit ledger and electronic cash ledger will be maintained on the common portal for every registered person.
2. The electronic tax liability register shall be debited with amount of tax, interest, late fee, mismatch in credits, etc. It shall be credited with amount paid through electronic cash register or electronic credit register.
3. The electronic credit ledger of taxpayer will show the details of invoice and amount of credit. It will also show details of credit matchingor mismatching.
4. The electronic cash ledger shall be credited with the amount deposited and debiting with the payment therefrom towards tax interest, penalty, fee or any other amount.
5. The final acceptance of input credit will be made available to registered taxable person through Form GST ITC 1 electronically.

Download GST Payment Formats

GST PMT 1, GST PMT 2, GST PMT 3, GST PMT 4, GST PMT 5, GST PMT 6, Electronic Credit Ledger, Electronic Cash Ledger, Electronic Tax Liability Register

Flow chart GST e-Registers

e-Tax liability, e-Cash Ledger,e-Credit Register

What are E-Ledgers under GST?

Ans. Electronic Ledgers or E-Ledgers are statements of cash and input tax credit in respect of each registered taxpayer. In addition, each taxpayer shall also have an electronic tax liability register. Once a taxpayer is registered on Common Portal (GSTN), 2 e-ledgers (Cash & Input Tax Credit) and an electronic tax liability register will be automatically opened and displayed on his dashboard at all times.

What is a tax liability register under GST?

Ans. Tax Liability Register will reflect the total tax liability of a taxpayer (after netting) for the particular month.

Download GST PMT 1 Electronic Tax Liability Register

What is a Cash Ledger under GST?

Ans. The cash ledger will reflect all deposits made in cash, and TDS/TCS made on account of the taxpayer. The information will be reflected on real time basis. This ledger can be used for making any payment on account of GST.

Download GST PMT 3 Electronic Cash Ledger

What is an ITC Ledger/e-Credit Register under GST?

Ans. Input Tax Credit as self-assessed in monthly returns will be reflected in the ITC Ledger. The credit in this ledger can be used to make payment of TAX ONLY and not other amounts such as interest, penalty, fees etc.

Download GST PMT 2 Electronic Credit Ledger

Download GST Draft Payment Rules Released by CBEC

Download GST Draft Payment formats Released by CBEC

Free Education Guide on Goods & Service Tax (GST)