GST Payment challans needs changes to incorporate accounting code

As you are fully aware that, In GST, Tax payer has to pay GST payment (Regular/RCM) through PMT 06 challan.

Tax payers is discharge his liability through Challan (If Input Tax is not available) may be arise as per Regular transaction or Reverse charge Mechanism. For filling tax of regular payment or RCM he has pay through PMT 06 which is as per online process.

Surprisingly, if you see the payment challan after 6 month or at the time of audit or assessment, suddenly you will not understand whether tax payer has paid for regular payment or RCM.

There is no specific account code generated by department while drafting the payment form. If you see earlier Service tax regime, the payment of tax was clearly specified with accounting code and tax payment does easily capture it under which account tax liability was imposed and he cleared it.

Therefore, through you, we would like to bring kind attention of GST Department, to change the structure of payment and issue the accounting code. E.g IGST,CGST,SGST (Regular payment)  and account code will be xxxxxxx , (2) IGST, CGST, SGST (RCM on GTA, RCM on Security, RCM on Legal fees etc…) . This code system will be choose and select from drop down at the time of payment which can be available to tax payer.

After payment, the same information will be printed on payment challan like payment IGST, CGST SGST, Payment for RCM–GTA services, Payment of –Security services like that….

If GST Dept change the structure and lay out in all his payment challan including DRC 03.

Hope for the best……………

Form GST PMT –06 Payment Challan