How to Pay GST Payments Online here provided step-by-step guide that will help you make GST payment procedure. here mentioned both online and offline methods to pay online, simple process making online GST Payment online. taxes to be paid are the Central GST (CGST, going into the account of the Central Government) and the State GST (SGST, going into the account of the concerned State Government) provided by various state wise. CGST and SGST application procedures.
payment government account Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) online penalty, fees and any other payment will also be required online procedure. prescribed for various taxes (CGST, SGST & IGST) under GST regime procedures type of challans online. for offline method GST payment through a physical challan available online. collecting information Goods and Service Tax (GST) is structured for efficient tax collection, reduction in corruption, easy inter-state movement of goods and a lot more benefits by GST Return options.
GST Payment Ledgers Information details. For the purpose of GST tax payment, every registered user will need to maintain 3 ledgers in the GST payment portals.
Electronic tax liability register – All liabilities of a person towards tax, interest, penalty, late fee or any other amount will be debited here.
Electronic cash ledger – Every deposit made by a person towards tax, interest, penalty, late fee or any other amount will be credited here.
Electronic credit ledger – Input tax credit, as self-assessed and claimed in Form GSTR-2 by a person, will be credited here. This can only be used by a person – only for paying tax, and not for settling other amounts such as interest, late fee, and so on.
How to Pay GST Online Step by Step procedure. Set-off tax liability using the credit available on electronic credit Ledger. Deposit money in the electronic cash ledger to pay all balances online methods. GST payment process and GST payment schedules for all important data issues. GST Payment Forms available online. generating e-Way bills by capturing all the necessary details online make easy more secure, state movements for which you would like to generate e-way bills.