In order to provide relief to the registered taxpayers from mistakes committed at the time of filling up the Challan for payment of GST (For eg. Payment under CGST instead of IGST & vice versa etc.), the CBIC has made the long available functionality live now. It has introduced Form PMT 09. This enables a registered taxpayer to transfer any amount of tax, interest, penalty, etc. that is available in the electronic cash ledger, to the appropriate tax or cess head under IGST, CGST and SGST in the electronic cash ledger. Hence, if a taxpayer has wrongly paid CGST instead of SGST, he can now rectify the same using Form PMT-09 by reallocating the amount from the CGST head to the SGST head. The facility is live since 21st April 2020. KEY POINTS TO REMEMBER ABOUT FORM PMT 09: • Transfer can be made only to the extent of amount available in the electronic cash ledger. • Wrong tax utilized for making tax payment cannot be reversed/transferred. • Amount can be transferred from one major head or minor head to another. - Major Head – IGST, CGST, SGST/UTGST, Cess - Minor Head – Tax, Interest, Penalty, Fees & Others • Amount once transferred from Cash Ledger cannot be reallocated.
The said Form PMT-09 is made available in the tab under Services - Ledgers - Electronic Cash Ledger Tab, on GST portal.
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