Do we have to pay the GST tax of CST and SGST in one or two cheques?

Do we have to pay the GST tax of CST and SGST in one or two cheques?

First of all , there needs to be certain clarity about GST . I will try to explain it one by one . Starting of with ,

What are the Payments to be made in GST regime?

In the GST regime, for any intra-state supply, taxes to be paid are

  • Central GST (CGST, going into the account of the Central Government)
  • State GST (SGST, 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 is liable to pay GST?

  1. In general the supplier of goods or service is liable to pay GST.
  2. However in specified cases like imports and other notified supplies, the liability may be cast on the recipient under the reverse charge mechanism.
  3. Further, in some cases, the liability to pay is on the third person (say in the case of e-commerce operator responsible for TCS or Government Department responsible for TDS).

When is GST payment to be done by the taxable person?

The time is generally the earliest of one of the three events, namely

  1. When you receive the payment
  2. When you Issue the invoice
  3. When there is Completion of supply

Now coming on to your query about how to do payment for GST !!

How can payment be done?

GST Payment can be done by the following methods:

(i) 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.

(ii) 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,

  1. E-Payment (Internet Banking, Credit Card, Debit Card);
  2. Real Time Gross Settlement (RTGS)/ National Electronic Fund Transfer (NEFT);
  3. Over the Counter Payment in branches of Banks Authorized to accept deposit of GST.

Thanks !! Hope it Helps !!


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