Inter head transfer for Tax paid under GST – Form GST PMT-09

Worried for wrong payment of taxes in wrong tax head? Here is the solution by GSTIN for transfer of any amount of tax, interest, penalty, fee or others under one head to another.

Form GST PMT-09 challan – Much awaited utility for all the taxpayers operational from 21^st Apr 2020 for who wants to transfer taxes paid under the wrong heads in electronic cash ledger from one head to another appropriate tax head. Now, a registered taxpayer can file Form GST PMT-09 for transfer of any amount of tax, interest, penalty, fee or others, under one (major or minor) head to another (major or minor) head, as available in the Electronic Cash Ledger.

Further, the GST Network is yet to confirm the availability of modified or updated PMT-09 for the transfer of cash from one GSTIN to another under the same PAN.

Below is the step by step process to file PMT-09;

1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed. Login to the GST Portal with valid credentials.

2. Navigate to Services> Ledgers> Electronic Cash Ledger option.

3. Click File GST PMT-09 For Transfer of Amount option to perform intra-head or inter-head transfer of amount.

4. Electronic Cash Ledger page is displayed.

5. Under CASH LEDGER BALANCE, Electronic Cash Ledger balance which is available for transfer, is displayed.

6. Under CASH LEDGER BALANCE, preview of updated Electronic Cash Ledger balance i.e. the resultant figures which will remain in various heads, after transfer of amount is effected by GST Portal on filing of Form GST 09, is displayed.

Note: Once the details are added to make Intra-head and Inter-Head transfer of  funds, table for Cash ledger balance-preview of updated balance, is updated accordingly.

7. You can transfer any amount of tax, interest, penalty, fee or others from any Minor Head (under any Major Headunder IGST, CGST, SGST/UTGST and Cess) to the appropriate tax, interest, penalty, fee or others head (i.e. to any Minor Head) under any Major Head of IGST, CGST, SGST/UTGST and Cess. Enter the details in transfer amount from and transfer amount to and click SAVE to continue.

Note: You can transfer maximum amount available with you in any particular head to perform intra-head or inter-head transfer of amount. In case, you try to transfer amount which is not available, you will receive an error message that sufficient amount is not available with you in cash ledger corresponding to the amount intended to be transferred

8. Click YES to proceed the transfer of amount.

9. Enter additional record under Add Record option and click SAVE.

Note: You have to add records for every head separately.

10. Click YES to proceed the transfer of amount. 9. Notice that both the details are added under “Processed Records” section. The table for Cash Ledger Balance-Available for transfer and Cash Ledger Balance-Preview of Updated Balance is accordingly updated. Similarly, you can add multiple records under Add Record option before clicking PROCEED TO FILE.

11. Click PROCEED TO FILE.

Note:

• • You can click the Delete button, to delete any record which has been added under Processed Records table, if required.
  • Once you delete a record, under Processed Records table, table for Cash Ledger Balance-Preview of Updated Balance is updated accordingly. This table will then reflect the Electronic Cash Ledger balance (that will be available with you under different heads) upon filing of Form GST PMT-09 and in this case only available processed records will be given effect by the system for transfer of amount under various heads.

12. Select the Verification check box and select the Authorised Signatory. Click FILE GST PMT-09.

13. Click YES.

14. Click the FILE WITH DSC or FILE WITH EVC button.

15. Click PROCEED

16. A confirmation message is displayed that the filing has been successful and ARN is displayed on the screen. Click OK.

Note: After Form GST PMT-09 is filed:

• ARN is generated on successful filing of Form GST PMT-09.
• An SMS and an email is sent to the taxpayer on his registered mobile and email id.
• Electronic Cash ledger will get updated after successful filing of Form GST PMT-09.
• Filed form GST PMT-09 will be available for view/download in PDF format.

A confirmation message will pop up, and the system sends the Application Reference Number (ARN) to the registered email ID and mobile number of the taxpayer.

A taxpayer can view the updated cash ledger at Services > Ledgers > Electronic cash ledger using ARN or date of application.

Many of taxpayers have made wrong payments in to cash ledgers and seek for refund from department those can apply for PMT-09 to utilize the excess cash paid in wrong head. This form is useful and quick to overcome the errors made while filing of the challan by the taxpayer.

Wish you Happy Filling..

 CMA Amit Devdhe