GST Challan Made Easy With This Guide

GST online payment via GST Challan payment made tax payment simple and improved transparency. Therefore, online payment of GST through the common site is properly processed. Accordingly, you may access three electronic ledgers to pay GST as a registered taxpayer. This includes:

Electronic Ledger Liability

Electronic Ledger

About GST Challan Payment

Rule 87(2) of CGST Rules, 2017 establishes GST challan payment provisions. Accordingly, for paying GST, any registered taxpayer or any person making payment on his behalf is needed to create a payment challan on the GST site.

Thus, the initial step towards GST challan payment is generating GST Payment Challan. The common site generates this Challan in Form GST PMT –06.

When generating GST Payment Challan on the GST Portal, each taxpayer needs to know two things.

  • The GST Challan issued on the common site in Form GST PMT –06 is valid for 15 days from the issuance date.
  • The individual providing OIDAR services to a non-taxable internet recipient outside India would also produce GST Payment Challan. This is done via the board’s payment system—Electronic Accounting System in Excise and Service Tax from the date the board notifies.

How to create a GST portal challan?

You have two methods to create a challan GST, either by entering into the GSTIN account on the GST site or before logging in. There’s little difference between the two.

  • If the taxpayer decides to create challan before logging in, the procedures to generating challan are:

Steps for Challan GST pre-login

Step 1: Navigate to the Services>Payments > Create Challan option on the GST site homepage.

Step 2: Enter the GSTIN or Temporary User/Tax Return Preparer or UN body ID. Enter the code captcha.

Step 3: Enter sums as appropriate for CGST, SGST, IGST, or other headings. Choose the payment method including bank information if applicable.

Step 4: Re-enter the GSTIN/Other Challan Generation ID box and click the ‘PROCEED’ button.

Step 5: Click ‘Get’ to download the generated challan.

If a taxpayer decides to produce challan after logging in, challan may be seen on your dashboard itself. The remaining processes to fill and produce challan remain the same.

Banks Accepting GST payments

The following banks were authorized to receive GST payments on Government’s behalf. Taxpayers may create a GST payment challan and go to one of the following GST payment banks by cash, check, or DD.

BANK ALLAHABAD

BANK ANDHRA

BANK AXIS

INDIA BANK OF BARODA

MAHARASHTRA CANARA BANK

INDIA CORPORATION BANK CENTRAL

BANK DENA

BANK HDFC

ICICI LIMITED

IDBI-BANK

INDIAN BANK OVERSEAS BANK

JAMMU AND KASHMIR LIMITED

ORIENTAL BANK PUNJAB AND SIND BANK

NATIONAL PUNJAB

INDIA SYNDICATE BANK STATE

BANK UCO

UNION BANK OF UNITED BANK INDIA VIJAYA

What is the GST payment deadline?

The time restriction for completing the GST payment must be regarded from the date of challan creation. Payment must be done promptly for the net-banking method pre-login challan. This will be 15 days to choose an offline mode.

Important Points to Keep in Mind:

If payment is started with the bank, but the payment status is “Awaiting Bank Confirmation” or “Awaiting Bank Clearance,” follow up with the banker to find out what happened.

If a payment has been made and the taxpayer has received confirmation from the bank, but the electronic cash ledger has not been updated, the situation is described as follows: As a result, he may file a formal grievance on the GST site using the form PMT-07.

If you follow up with any issue then do contact us and we will be happy to help.