Much awaited FORM GST PMT -09 has been enabled on GST portal, Now Taxpayer can transfer balance available in one head of cash ledger to another
Taxpayers deposit money using challan and the paid amount gets credited in the particular head in the Electronic Cash ledger and the same can be utilized in settling liabilities of that head only. In case a taxpayer deposited any amount under a major head i.e. IGST, CGST, SGST/UTGST and Cess or minor head i.e. Tax, Interest, Penalty, Fee and Others, they can then utilize this amount for discharging their liabilities only under that major head and minor head. Sometimes, inadvertently, the taxpayer pays the amount under the wrong head and it cannot be used to discharge the liabilities which may be due in another head. In such cases taxpayers can claim the refund of the amount which may have been deposited under wrong head in GST by filing a refund application in FORM RFD-01 under the category “Excess balance in electronic cash ledger”. The process of filing refund claim and its disbursement can sometimes lead to blockage of funds for the taxpayer.
Form GST PMT-09 is now available on GST portal and it enables a taxpayer to make intra-head or inter-head transfer of amount available in Electronic Cash Ledger. A taxpayer can file GST PMT 09 for transfer of any amount of tax, interest, penalty, fee or others available under one (major or minor) head to another (major or minor) head in the Electronic Cash Ledger. Form GST PMT 09 provides flexibility to taxpayers to make multiple transfers from more than one Major/Minor head to another Major/Minor head if the amount is available in the Electronic Cash Ledger.
To access filing of Form GST PMT-09 navigate to Service >Ledger > Electronic Cash Ledger > File GST PMT-09 For Transfer of Amount
To access the complete manual issued by GST portal please Click here
Snapshot of functionality available on portal
Snapshot of Available Form
FAQ on Filing of Form PMT-09
1. What is Form GST PMT-09?
Form GST PMT-09 is a form which enables you to perform intra-head or inter-head transfer of amount available in Electronic Cash Ledger. It facilitates a registered taxpayer to transfer any amount of tax, interest, penalty, fee or others to the appropriate tax, interest, penalty, fee or others head under IGST, CGST, SGST/UTGST and Cess which is available in the Electronic Cash Ledger
2. From where can I file Form GST PMT-09?
To file Form GST PMT-09, navigate to Services > Ledgers > Electronic Cash Ledger > File GST PMT-09 For Transfer of Amount option.
3. Is there any Offline Tool for Filing Form GST PMT-09?
Currently, Form GST PMT-09 can be filed through online mode only.
4. Can I select more than one major/minor head while filing Form GST PMT-09?
Yes, you can select more than one major/minor head while transferring amount from one head to another, one at a time while filing Form GST PMT-09.
Previewing and Signing Form GST PMT-09
5. Can I preview Form GST PMT-09 before filing?
Yes, you can view/download Form GST PMT-09 in PDF format before filing on the GST Portal.
6. What are the modes of signing Form GST PMT-09?
(a) Digital Signature Certificate (DSC)
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. A digital certificate can be presented electronically to prove one’s identity, to access information or services on the Internet or to sign certain documents digitally. In India, DSC are issued by authorized Certifying Authorities. The GST Portal accepts only PAN based Class II and III DSC.
(b) Electronic Verification Code (EVC)
The Electronic Verification Code (EVC) authenticates the identity of the user at the GST Portal by generating an OTP. The OTP is sent to the mobile phone number of the registered mobile phone of Authorized Signatory filled in part A of the Registration Application.
Post Filing of Form GST PMT-09
7. What will happen once Form GST PMT-09 is filed?
After Form GST PMT-09 is filed:
• ARN is generated on successful filing of Form GST PMT-09.
• An SMS and an email is sent to the taxpayer on his registered mobile and email id.
• Electronic Cash ledger will get updated after successful filing of Form GST PMT-09.
• Filed form GST PMT-09 will be available for view/download in PDF format.
Tracking Intimation
8. Will I get any intimation once I file Form GST PMT-09?
Yes, you will receive SMS and e-mail on your registered e-mail ID and Mobile number, once Form GST PMT-09 is filed.
Viewing Filed Form GST PMT-09
9. From where can I view filed Form GST PMT-09?
To view filed Form GST PMT-09, navigate to Services > Ledgers > Electronic Cash Ledger > View Filed GST PMT-09 option.
10. From where can I download filed Form GST PMT-09?
To download filed Form GST PMT-09, navigate to Services > Ledgers > Electronic Cash Ledger > View Filed GST PMT-09 > DOWNLOAD GST PMT-09(PDF) option.
Souce: GST Portal
Yes GST is an online portal which aims to provide all information about (GST) and other laws in India. Our endeavor is to spread knowledge