Summary: Changes in GST Cash Ledger

– OIDAR cannot pay GST Challan by Electronic Accounting System in Excise and Service Tax

– Now a registered person can transfer any amount of tax / interest / penalty / fee to any other head in the electronic cash ledger.

– For this, a new Form GST PMT-09 has been introduced.

– The effective date of this Rule is yet to be notified [Rule 87(13) inserted

Note:

-GST PMT 09 allows only transfer of the amount of tax /interest /Fees /Penalty laying in cash ledger between Major Heads and minor Heads only

– Thus you need not apply for refund from Electronic Cash Ledger for payment in Wrong head.

– If a wrong tax is utilized from Cash Ledger for payment of Tax then PMT 09 cannot be filed.