Chapter- --PAYMENT OFTAX
1.Electronic Tax LiabilityRegister
(1)Theelectronictaxliabilityregisterspecifiedundersub-section(7)ofsection49shallbemaintainedinFORMGSTPMT-01foreachpersonliabletopaytax,interest,penalty,latefeeoranyotheramountontheCommonPortalandallamountspayablebyhimshallbedebitedto the saidregister.
(2)Theelectronictaxliabilityregister ofthe person shall be debited by:-
(a)theamountpayabletowardstax,interest,latefeeoranyotheramountpayableasper thereturn furnished bythe said person;
(b)theamountoftax,interest,penaltyoranyotheramountpayableasdeterminedbyaproperofficerinpursuanceof any proceedingsundertheActorasascertainedbythe saidperson;
(c)the amount of taxandinterest payable asa resultof mismatchundersection42or section 43 or section50; or
(d)anyamount of interest that mayaccruefrom timeto time.
(3)Subjecttotheprovisionsofsection49,paymentofeveryliabilitybyaregisteredpersonasper hisreturn shallbemadebydebitingthe electroniccreditledgermaintainedasperrule2ortheelectroniccashledgermaintainedasperrule3andtheelectronictaxliabilityregistershall be creditedaccordingly.
(4)Theamountdeductedundersection51,ortheamountcollectedundersection52,ortheamountpayableundersub-section(3)orsub-section(4)ofsection9,ortheamountpayableundersection10,orsub-section(3)orsub-section(4)ofsection5ofthe IntegratedGoods andServicesActorsub-section(3)orsub-section(4)ofsection7oftheUnionTerritoryGoodsandServicesTaxActanyamountpayabletowardsinterest,penalty,feeoranyotheramountundertheActortheIntegratedGoodsandServices Actshallbepaidbydebitingtheelectroniccashledgermaintainedasperrule3andtheelectronictaxliabilityregistershallbecreditedaccordingly.
(5)AnyamountofdemanddebitedintheelectronictaxliabilityregistershallstandreducedtotheextentofreliefgivenbytheappellateauthorityorAppellateTribunalorcourtandtheelectronic taxliabilityregistershall becreditedaccordingly.
(6)Theamountofpenaltyimposedorliabletobeimposedshallstandreducedpartlyorfully,asthecasemaybe,ifthetaxablepersonmakesthepaymentoftax,interestandpenaltyspecifiedintheshowcausenoticeordemandorderandtheelectronictaxliabilityregistershallbe creditedaccordingly.
2.ElectronicCredit Ledger
(1)TheelectroniccreditledgershallbemaintainedinFORMGSTPMT-02foreachregisteredpersoneligibleforinputtaxcreditundertheActontheCommonPortalandeveryclaim of input taxcreditunder theAct shall be credited to the saidLedger.
(2)Theelectroniccreditledgershallbedebitedtotheextentofdischargeofanyliabilityin accordancewith section49.
(3)Wherearegisteredpersonhasclaimedrefundofanyunutilizedamountfromtheelectroniccreditledgerinaccordancewiththeprovisionsofsection54,theamounttotheextentof theclaimshall bedebited in the saidledger.
(4)Iftherefundsofiledisrejected,eitherfullyorpartly,theamountdebitedundersub-rule(3),totheextentofrejection,shallbere-creditedtotheelectroniccreditledgerbytheproperofficer byan order made inFORMGSTPMT-03.
(5)Saveasprovidedintheserules,noentryshallbemadedirectlyintheelectroniccreditledger under anycircumstance.
(6)Aregisteredpersonshall,uponnoticinganydiscrepancyinhiselectroniccreditledger,communicatethesametotheofficerexercisingjurisdictioninthematter,throughtheCommonPortal in FORMGSTPMT-04.
Explanation.–Forthepurposeofthisrule,arefundshallbedeemedtoberejected,iftheappealisfinallyrejectedoriftheclaimantgivesanundertaking totheproperofficerthatheshallnotfile anappeal.
3.ElectronicCashLedger
(1)Theelectroniccashledgerundersub-section(1)ofsection49shallbemaintainedinFORM GSTPMT-05foreachperson,liabletopaytax,interest,penalty,latefeeoranyotheramount,ontheCommonPortalforcreditingtheamountdepositedanddebitingthepaymenttherefrom towards tax, interest,penalty, feeor anyotheramount.
(2)Anyperson,orapersononhisbehalf,shallgenerateachallaninFORMGSTPMT-06ontheCommonPortalandenterthedetailsoftheamounttobedepositedbyhimtowardstax, interest,penalty,feesor anyother amount.
(3)Thedeposit under sub-rule(2)shall bemadethroughanyof the followingmodes:
(i)InternetBankingthroughauthorizedbanks;
(ii)Creditcard or Debit cardthroughtheauthorised bank;
(iii)NationalElectronicFundTransfer(NeFT)orRealTimeGrossSettlement(RTGS) fromanybank;
(iv)OvertheCounterpayment(OTC)throughauthorizedbanksfordepositsuptoten thousandrupees per challanpertaxperiod,bycash, chequeor demanddraft:
ProvidedthattherestrictionfordeposituptotenthousandrupeesperchallanincaseofanOvertheCounter(OTC)payment shall not applyto deposit to be made by–
(a)GovernmentDepartmentsoranyotherdeposittobemadebypersonsasmaybenotifiedbythe Commissioner in this behalf;
(b)Properofficeroranyotherofficerauthorisedtorecoveroutstandingduesfromanyperson,whetherregisteredornot,includingrecoverymadethroughattachmentorsale ofmovableor immovable properties;
(c)Properofficer or anyother officerauthorized forthe amounts collectedbywayofcash,chequeordemanddraftduringanyinvestigationorenforcementactivityoranyad hocdeposit:
ProvidedfurtherthatthechallaninFORMGSTPMT-06generatedattheCommonPortalshall be valid foraperiod of fifteen days.
Explanation.–Formakingpayment ofanyamountindicatedinthe challan, thecommission,ifany,payable in respect of suchpaymentshall bebornebythe person makingsuch payment.
(4)AnypaymentrequiredtobemadebyapersonwhoisnotregisteredundertheAct,shallbemadeonthebasisofatemporaryidentificationnumbergeneratedthroughtheCommonPortal.
(5)WherethepaymentismadebywayofNeFTorRTGSmodefromanybank,themandateformshallbegeneratedalongwiththechallanontheCommonPortalandthesameshall besubmitted to the bankfrom wherethe payment is to be made:
Providedthatthemandateformshallbevalidforaperiodoffifteendaysfromthedateofgeneration ofchallan.
(6)Onsuccessfulcreditoftheamounttotheconcernedgovernmentaccountmaintainedintheauthorisedbank,aChallanIdentificationNumber(CIN)willbegeneratedbythecollectingBankandthe same shallbe indicated in thechallan.
(7)OnreceiptofCINfromtheauthorizedBank,thesaidamountshallbecreditedtotheelectroniccashledgerofthepersononwhosebehalfthedeposithasbeenmadeandtheCommon Portal shall make availablea receipt to this effect.
(8)Wherethebankaccountofthepersonconcerned,orthepersonmakingthedepositonhisbehalf,isdebitedbutnoChallanIdentificationNumber(CIN)isgeneratedorgeneratedbutnotcommunicatedtotheCommonPortal,thesaidpersonmayrepresentelectronicallyinFORMGSTPMT-07through the Common Portal to the Bank or electronic gatewaythroughwhich the depositwas initiated.
(9)Anyamountdeductedundersection51orcollectedundersection52andclaimedinFORMGSTR-02bytheregisteredtaxablepersonfromwhomthesaidamountwasdeductedor,asthecasemaybe,collectedshallbecreditedtohiselectroniccashledgerinaccordancewith the provisions of rule2.Return.
(10)Where apersonhasclaimedrefundof anyamountfromtheelectroniccashledger,thesaid amount shall bedebited to the electroniccashledger.
(11)Iftherefundsoclaimedisrejected,eitherfullyorpartly,theamountdebitedundersub-rule(10),totheextentofrejection,shallbecreditedtotheelectroniccashledger bytheproperofficerbyan order madeinFORMGST PMT-03.
Explanation.-Forthepurposesofthisrule,arefundshallbedeemedtoberejectediftheappealisfinallyrejectedoriftheclaimantgivesanundertaking totheproperofficerthatheshallnotfile anappeal.
4.Identificationnumber for eachtransaction
(1)AuniqueidentificationnumbershallbegeneratedattheCommonPortalforeachdebitor credit to the electroniccash or creditledger,asthe case maybe.
(2)Theuniqueidentificationnumberrelatingtodischargeofanyliabilityshallbeindicatedin the correspondingentryin the electronic taxliabilityregister.
(3)AuniqueidentificationnumbershallbegeneratedattheCommonPortalforeachcreditin the electronic taxliabilityregisterforreasons other than those covered under sub-rule (2).
*********