GST – PAYMENT OF TAX – Draft Rules 31-3-2017
GST
Dated:- 2-4-2017
GST – PAYMENT OF TAX – Draft Rules 31-3-2017
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Document 1
(1)
Chapter
PAYMENT OF TAX
1. Electronic Tax Liability Register
The electronic tax liability register specified under sub-section (7) of section 49 shall
be maintained in FORM GST PMT-01 for each person liable to pay tax, interest, penalty, late
fee or any other amount on the Common Portal and all amounts payable by him shall be debited
to the said register.
(2)
(3)
The electronic tax liability register of the person shall be debited by:-
(a)
the amount payable towards tax, interest, late fee or any other amount payable
as per the return furnished by the said person;
(b)
the amount of tax, interest, penalty or any other amount payable as determined
by a proper officer in pursuance of any proceedings under the Act or as ascertained by
the said person;
(c) the amount of tax and interest payable as a result of mismatch und
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ash ledger maintained as per rule 3 and the electronic tax liability register shall be credited
accordingly.
(5)
Any amount of demand debited in the electronic tax liability register shall stand reduced
to the extent of relief given by the appellate authority or Appellate Tribunal or court and the
electronic tax liability register shall be credited accordingly.
(6) The amount of penalty imposed or liable to be imposed shall stand reduced partly or
fully, as the case may be, if the taxable person makes the payment of tax, interest and penalty
specified in the show cause notice or demand order and the electronic tax liability register shall
be credited accordingly.
2.
(1)
Electronic Credit Ledger
The electronic credit ledger shall be maintained in FORM GST PMT-02 for each
registered person eligible for input tax credit under the Act on the Common Portal and every
claim of input tax credit under the Act shall be credited to the said Ledger.
(2) The electronic credit ledger
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ed to be rejected, if the appeal
is finally rejected or if the claimant gives an undertaking to the proper officer that he shall not
file an appeal.
3.
(1)
Electronic Cash Ledger
The electronic cash ledger under sub-section (1) of section 49 shall be maintained in
FORM GST PMT-05 for each person, liable to pay tax, interest, penalty, late fee or any other
amount, on the Common Portal for crediting the amount deposited and debiting the payment
therefrom towards tax, interest, penalty, fee or any other amount.
(2)
Any person, or a person on his behalf, shall generate a challan in FORM GST PMT-
06 on the Common Portal and enter the details of the amount to be deposited by him towards
tax, interest, penalty, fees or any other amount.
(3) The deposit under sub-rule (2) shall be made through any of the following modes:
(i)
(ii)
(iii)
Internet Banking through authorized banks;
Credit card or Debit card through the authorised bank;
National Electronic Fund Transfer (NEFT) o
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Portal
shall be valid for a period of fifteen days.
Explanation.– For making payment of any amount indicated in the challan, the commission, if
any, payable in respect of such payment shall be borne by the person making such payment.
(4) Any payment required to be made by a person who is not registered under the Act, shall
be made on the basis of a temporary identification number generated through the Common
Portal.
(5) Where the payment is made by way of NeFT or RTGS mode from any bank, the
mandate form shall be generated along with the challan on the Common Portal and the same
shall be submitted to the bank from where the payment is to be made:
Provided that the mandate form shall be valid for a period of fifteen days from the date of
generation of challan.
(6) On successful credit of the amount to the concerned government account maintained in
the authorised bank, a Challan Identification Number (CIN) will be generated by the collecting
Bank and the same shall
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imed refund of any amount from the electronic cash ledger, the
said amount shall be debited to the electronic cash ledger.
(11) If the refund so claimed is rejected, either fully or partly, the amount debited under sub-
rule (10), to the extent of rejection, shall be credited to the electronic cash ledger by the proper
officer by an order made in FORM GST PMT-03.
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Explanation.- For the purposes of this rule, a refund shall be deemed to be rejected if the appeal
is finally rejected or if the claimant gives an undertaking to the proper officer that he shall not
file an appeal.
4. Identification number for each transaction
(1)
A unique identification number shall be generated at the Common Portal for each debit
or credit to the electronic cash or credit ledger, as the case may be.
(2)
The unique identification number relating to discharge of any liability shall be indicated
in the corresponding entry in the electronic tax liability register.
(3)
A unique identification n
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