Under GST regime, for any intra-state supply of goods and service is be paid are the Central GST (CGST, which is going into the account of the Central Government) and the State GST (SGST, which is going into the account of the concerned State Government). For any inter-state supply, tax to be paid is Integrated GST (IGST) which will have components of both CGST and SGST.
In addition, certain categories of registered persons will be required to pay to the government account Tax Deducted at Source (TDS) and Tax Collected at Source (TCS). In addition, wherever applicable, Interest, Penalty, Fees and any other payment will also be required to be made.
In general, the supplier of goods or service is liable to pay GST.
However, in specified cases like imports and other notified supplies, the liability may be cast on the recipient under the reverse charge mechanism. Further, in some cases, the liability to pay is in the third person (say in the case of e-commerce operator responsible for TCS or Government Department responsible for TDS).
How payment of GST is done
|GST PMT-1||Electronic Tax Liability Register of Taxpayer (Part–I: Return related liabilities Electronic Tax Liability Register of Taxpayer (Part–II: Other than return related liabilities)|
|GST PMT-2||Electronic Credit Ledger|
|GST PMT-3||Order of re-credit in electronic credit ledger by proper officer in case of denial of refund|
|GST PMT-4||Communication of discrepancy in electronic credit ledger|
|GST PMT-5||Electronic cash ledger|
|GST PMT-6||Challan For Deposit of Goods and Services Tax|
|GST PMT-7||Application For Credit of Missing Payment (CIN not generated)|
(a) Amount available in electronic cash ledger may be used for payment of tax, interest, penalty, fee or any other
(b) The amount available in electronic credit ledger may be used for payment of tax in the manner prescribed. (But not
Interest, penalty and any other amounts)
Credit available Utilization
(iii) SGST/ UTGST
(i) SGST/ UTGST