What is the time of payment under GST Regime

What is the time of payment under GST Regime

What is the time of payment under GST Regime

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.

Who pay GST

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).

GST payment Process

  • Electronically generated challan from GSTN Common Portal in all modes of payment and no use of manually prepared challan;
  • Facilitation for the taxpayer by providing hassle free, anytime, anywhere mode of payment of tax;
  • Convenience of making payment online;
  • Logical tax collection data in electronic format;
  • Faster remittance of tax revenue to the Government Account;
  • Paperless transactions;
  • Speedy Accounting and reporting;
  • Electronic reconciliation of all receipts;
  • Simplified procedure for banks;
  • Warehousing of Digital Challan.

How payment of GST is done

time of payment in GST

GST Payment can be done by the following methods:

  • Through debit of Credit Ledger of the taxpayer maintained on the Common Portal- ONLY Tax can be paid. Interest, Penalty, and Fees cannot be paid by debit in the credit ledger.  Tax payers shall be allowed to take credit of taxes paid on inputs (input tax credit) and utilize the same for payment of output tax. However, no input tax credit on account of CGST shall be utilized towards payment of SGST and vice versa. The credit of IGST would be permitted to be utilized for payment of IGST, CGST, and SGST in that order.
  • In cash by debit in the Cash Ledger of the taxpayer maintained on the Common Portal. Money can be deposited in the Cash Ledger by different modes, namely, E-Payment (Internet Banking, Credit Card, Debit Card); Real Time Gross Settlement (RTGS)/ National Electronic Fund Transfer (NEFT); Over the Counter Payment in branches of Banks Authorized to accept the deposit of GST.

Forms of Payment
Forms Contents


Forms Content
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)



Payment of tax, interest, and penalty

(a) Amount available in electronic cash ledger may be used for payment of tax, interest, penalty, fee or any other
amount payable
(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)

Manner of utilization of ITC available in electronic credit ledger

Credit available Utilization


(i) IGST
(ii) CGST


(i) CGST
(ii) IGST


(ii) IGST

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