how to gst challan online

How to Pay GST Challan Payment Online?

GST (also known as Goods and Services Tax) is an indirect tax that adds value to most products and services sold in India for domestic consumption. GST replaces all previous indirect taxes from the Central and State.

It can ensure uniformity in the GST payment process for all taxpayers; GST payments were introduced. GST returns must be submitted at regular intervals by any self-employed professional or owner of a business involved in selling and purchasing goods and services.

Transparency and accessibility of transactions is the ultimate goal of GST online payments.

GST returns must be filed by any business owner or self-employed professional involved in supplying or purchasing goods or services. You will need to pay GST if you fall within this category.

Here are the details about your GST payment and how you can pay it.

What’s GST payment?

To calculate your total GST payment amount, subtract your input tax credit from your outward taxes.

Add the interest and late fees charges, if applicable, to this figure, then subtract the TDS/TCS costs. You will then be able to calculate the exact amount for your GST payment. Once you have calculated the GST amount, pay it.

When is GST payment possible?

After filing your GSTR3B return, you will be required to pay GST each month. You will need to file the return for the previous month and pay the GST by the 20th of each month. The payment is made earlier in conjunction with GSTR3return. It is currently suspended.

You can avoid interest and fines by paying your total GST on time. You will be charged 18% interest if you pay less than the dues or delay paying your GST dues.

Set a reminder to remind you of your GST payment to always be on time.

How do you pay GST Challan Online?

  1. Register with GST to make GST challan payments online. To log in to your account, registered users will need to visit the official GST website.
  1. After logging in to your account, you will need to select the services option and then click the payments section from the dropdown menu. You will see the “create challan” tab when you click on the payments option.
  1. Enter each figure under the “challan tab” and ensure it is correct (CGST. SGST. CESS. UTGST. Click on “Challan” to enter each figure accurately under its respective heading (CGST, SGST, CESS, or UTGST). Finally, choose the payment method.
  2. Once you have filled in the necessary information under CGST and SGST, SGST, and CESS headers, click on the create challan’ button. You can save the challan if you need to make changes to it.
  1. Once you have created the GST challan, you can proceed with the online GST payment process. There are three options for payment:
  • You can pay online with a credit/debit card or net banking.
  • Use NEFT/RTGS to pay
  • You can make an OTC (over-the-counter) payment through GST-accredited banks

If you make your GST challan payment online, you will notice it after making the payment. You will be able to download your GST Challan.

When do you make your GST Challan payment online?

After filing your GSTR3B return, you must pay your GST each month. Simply put, you must file your GST return for the current month and pay it by the 20th day of the next month. You should also remember that GST payments online become mandatory if you have a GST liability exceeding Rs 10,000.

We will be sharing some helpful information to help our readers understand online GST challan payments. Here’s everything you need to know about online GST challan payments.

  • Penalties and Interests

You will be charged 18 percent interest if your GST challan payment online is delayed or you pay less than the amount due. It is recommended that you use GST software to help you keep GST compliant and avoid penalties.

  • Different payment procedures for different taxpayer categories

Different taxpayer categories need to follow different payment procedures, as described below.

  • Regular taxpayer

Regular taxpayers require a PMT-06 Challan to make payments to the cash ledger. It is necessary when filing the GSTR-3B. All details will include in the form. They can also create the challan and pay the money either before or after login or while they file the return for GSTR-3B.

  • Quarterly taxpayer

This category includes taxpayers who have selected the QRMP Scheme. Tax for the first two months must be paid using the PMT06 challan. The payment must also be made within the last month of each quarter when the GSTR-3B is filed. The tax must pay for the first and second quarters by the 25th day of each subsequent month. For example, April and June for the April-June quarter.

  • Nil GST returns taxpayer.

These taxpayers don’t have to pay any tax or purchase taxes, regardless of whether they pay for a month or quarter. They are, therefore, not required to pay the tax or generate a challan.

  • A taxpayer in the composition scheme

These taxpayers must summarize their sales or turnover during the quarter and generate the CMP08 challan to pay tax. Under the Composition Scheme, tax for the April-June quarter must pay by 18 June.

  • GST payment forms

The following GST payment forms are required for dealers who must pay GST online in India.

  • Maintains the electronic tax liability registry Form GST
  • Keeps the electronic credit ledger Form GST
  • An authorized officer will issue an order rejecting the claim for reimbursement of the balance in the electronic cash ledger/electronic credit ledger.
  • To report any discrepancies in your electronic credit ledger, use the form. GST
  • Keeps the electronic cash ledger from GST
  • Includes challan to pay tax, interest, penalty, or fees. Form GST
  • Please use the form if your bank account has been debited, but no CIN generated, or CIN generated but not reflected in the GST portal.
  • Keep These Points in Mind
  • An unregistered merchant must submit their provisional identification number to generate a pre-login challan.
  • Government agencies, UN Bodies, and foreign embassies can generate a GST Challan without logging on to the GST website. They will need to submit their Unique ID Number (UIN).
  • If a tax return preparer (TRP) decides to generate a pre-login GST challan, they can do so by submitting their Tax Return Preparer ID to generate the GST challan.

These are important points to remember when you make GST challan payments online. It improves your GST compliance rating, which boosts the status and reputation of your business.

Last Thoughts

Both online and offline GST payment options are easy to use in terms of their convenience. The offline payment option allows for 15 days to complete the payment and any corrections to be made to the generated challan. 

On the other hand, the GST online payment allows for immediate payment and confirmation without the possibility of default.

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