Now Rectify Errors in Cash Ledger through PMT-09
Category: Updates and Press Releases, Posted on: 07/07/2020 , Posted By: Webtel

Rectify Errors in Cash Ledger through PMT-09
GSTN has enabled the long-awaited facility of allowing the taxpayer to transfer balance in Cash Ledger available under one head to another head of tax i.e. from IGST to CGST to SGST or interest or penalty or vice versa.
How to file PMT-09
  1. Login to www.gst.gov.in with user id and password.
  2. Go to Services > Ledgers > Electronic Cash Ledger.
  3. Click on “File GST PMT-09 for Transfer of Amount”.
  4. Make the necessary corrections and save.
  5. Click on “View Filed GST PMT-09” to view PMT-09 already filed.
Relevant provisions of CGST ACT & Rules
Section 49 (10) A registered person may, on the common portal, transfer any amount of tax, interest, penalty, fee or any other amount available in the electronic cash ledger under this Act, to the electronic cash ledger for integrated tax, central tax, State tax, Union territory tax or cess, in such form and manner and subject to such conditions and restrictions as may be prescribed and such transfer shall be deemed to be a refund from the electronic cash ledger under this Act.
Section 49 (11) Where any amount has been transferred to the electronic cash ledger under this Act, the same shall be deemed to be deposited in the said ledger as provided in sub-section (1).
Rule 87 (13) A registered person may, on the common portal, transfer any amount of tax, interest, penalty, fee or any other amount available in the electronic cash ledger under the Act to the electronic cash ledger for integrated tax, central tax, State tax or Union territory tax or cess in FORM GST PMT-09.

Download FORM - GST PMT-09

For any questions or queries regarding the FORM GST PMT-09, please write to contactus@webtel.co.in or simply comment to this article.

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