What should a taxpayer do if his GST payments through challan are not reflected in the cash ledger?

The taxpayer should raise a grievance on the GST Portal 24 hours after the successful payment communication is made by the Bank to the Taxpayer using the GST PMT-06 form.

When will GST payments made through challans be reflected in the cash ledger?

S.No. Mode of Payment When is the deposit reflected in the Cash Ledger
1. Online payment through net banking in authorized Banks On receipt of CIN from the bank. It is generally shared by the bank instantly but at times there may be delay.
2. OTC payment through cash and self-bank cheque in authorized banks On receipt of CIN from the bank. It is generally shared by the bank instantly on receipt of cash or realization of cheque but at times there may be delay
3. OTC payment through other bank cheques of same station in authorized Banks On receipt of CIN from the bank. In case of cheques Banks are given 90 days’ time period to share the CIN details
4. OTC payment through other outstation bank cheques in authorized Banks On receipt of CIN from the bank. In case of cheques Banks are given 90 days’ time period to share the CIN details
5. Online NEFT/RTGS payments though non-authorized but recognized Banks As soon as RBI shares CIN details. Usually can be on the same day.
6. Over the counter NEFT/RTGS payments through non-authorized Banks As soon as RBI shares CIN details. Usually can be on the same day.
7. Payment through Credit Card/Debit Card After 24 hours of Payment. But once amount is debited and Payment Gateway confirms the receipt of amount, Banks are given 45 days’ time to confirm the payment and cash ledger will be updated after final confirmation from the bank.

On successful payment CIN is communicated by the Bank to the GST System along with a unique reference number generated by the banking system which gets captured in the electronic cash ledger of the taxpayer.  The Electronic Cash Ledger gets updated on a near real time basis.

In case of outstation cheque in OTC mode, CIN and the bank reference number (BRN) is communicated by the Bank to GST System when the cheque is realized and amount is credited to the Government account from the taxpayers account.

On receipt of the CIN, the Cash Ledger gets updated on a near real time basis.

Read More- Electronic Cash Ledger under GST and How to view the same- FAQs

 

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