Daily Archives: July 12, 2017

GST Ready Reckoner Taxmann – 4th Edition 2017 ( July 2017 ) V.S. Datey

GST Ready Reckoner Taxmann’s GST Ready Reckoner  -4th Edition (July 2017 ) ( with GST Notifications issued till 3-7-2017 ) Description Charge of Tax Composition Scheme Exemptions Place and Time of Supply of Goods and Services Valuation of Supply Input Tax Credit Registration under GST Tax Invoice, Credit and Debit Notes Transitional provisions as per New… Read More »

How to Search HSN / SAC GST Tax Rates

I need to check the tax rate applicable on the goods I supplied this year to file GSTR 1. Where can I search the tax rate associated with an HSN code or SAC of specific goods or services on the GST Portal? To search the tax rate associated with an HSN code or SAC of… Read More »

How can I search taxpayer registered under GST of India ?

Search taxpayer registered under GST To search the details of a taxpayer registered under GST, perform the following steps: You can search the details of a taxpayer without login and after logging to the GST Portal. 1. Access the www.gst.gov.in URL. The GST Home page is displayed. In case of pre-login: • Click the Services > User Services >… Read More »

What is the Electronic Cash Ledger under GST ?

Electronic Cash Ledger 1. What is the Electronic Cash Ledger? The Electronic Cash Ledger contains a summary of all the deposits/payments made by a taxpayer. In the ledger, information is kept minor head-wise for each major head. For convenience of user, the ledger is displayed major head-wise i.e., IGST, CGST, SGST/UTGST, and CESS. Each major… Read More »

How unregistered person will make GST Challan Payment

  What is the procedure for unregistered persons to deposit any tax/penalty amount under GST ? Unregistered persons can generate a Challan against the temporary ID allotted to them. Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All That you needs to Know –… Read More »

GST Challan Payment : How to Track payment Status

 How can a taxpayer can get information regarding the status of payment/s made for GST Challan ? Taxpayers will be intimated regarding the payment status by SMS, E-mail and the same will also be updated on the GST Portal. In the pre-login mode, taxpayers can track their payment/s using the Track Payment Status facility on the GST… Read More »

GST Challan Payment : Which banks comes under NEFT/RTGS Mode ?

Which banks would come under NEFT/RTGS Mode for GST Challan Payment ? The list of bank branches participating in the NEFT system is available on the website of the Reserve bank of India. https://rbi.org.in/scripts/Bs_viewcontent.aspx?Id=112   Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All… Read More »

GST Challan : what to do if UTR number misplaced ?

  What should be done in case I have misplaced the Unique Transaction Reference (UTR)? Contact the customer care of your bank to get the UTR. Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All That you needs to Know – Process and… Read More »

GST Payment : limit on NEFT / RTGS

Is there any limit on the amount that could be transferred using NEFT/RTGS for a GST payment? As per current regulations, NEFT can be done for any amount more than 0 (you can even transfer INR 1.00) but NEFT does carry a maximum limit of INR 1,99,999 in many banks. RTGS can be done for… Read More »

What to do if GST Challan Payment not made successfully ?

 If a payment is not made successfully how will the debited amount be credited to the taxpayer’s account? In such cases, contact the bank from where the funds were transferred using NEFT/RTGS. Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All That you… Read More »

 What is Unique Transaction Reference Number : UTR ?

 What is Unique Transaction Reference Number? Unique Transaction Reference (UTR) Number is a unique reference number provided by the user’s bank for each NEFT/RTGS transaction made by the account holder. Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All That you needs to… Read More »

NEFT/RTGS processing or service charges for GST Challan Payment

 What is the processing or service charges for NEFT/RTGS transactions for making GST Challan Payment? NEFT/RTGS transaction charges are available on your respective bank websites.   Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All That you needs to Know – Process and… Read More »

Can taxpayer make GST payments through non-agency banks?

 Can a taxpayer make GST payments through non-agency banks? Yes, a taxpayer can make GST payments through non-agency banks using NEFT/ RTGS. Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All That you needs to Know – Process and Form Related Topic on… Read More »

GST Challan : Who will issue the acknowledgement receipt ?

 Who will issue the acknowledgement receipt on depositing Cash/Cheque/DD with a bank? The respective bank’s branch shall issue the acknowledgement receipt. Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All That you needs to Know – Process and Form Related Topic on GST… Read More »

GST Challan : How to make offline payments

 What are the offline modes of payments available for making payments on the GST Portal? Two types of offline modes of payment are available for making payments on the GST Portal.: Over the Counter (OTC) The OTC option is an offline mode of payment available for making payments through authorized banks on the GST Portal. OTC… Read More »

GST Challan Payments : Banks Authorized : List

 Which banks provide Internet Banking (Netbanking) payment facility for making payments on GST Portal? Net Banking payment facility of following authorized banks is available on the GST Portal. Following are the Banks Authorized for making GST Challan Payment List of Authorized Banks for Net Banking and Over the Counter Payments 1. ALLAHABAD BANK 2. ANDHRA BANK… Read More »

Payment Failed , Same GST Challan can be used again

   Using e-payment modes, if my transaction failed from one bank, can I re-initiate the payment for the same Challan using another bank account? Yes, you can. Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All That you needs to Know – Process… Read More »

What are online modes of GST payments on GST Portal ?

 What are the online modes of payments available for making payments on the GST Portal? Two types of online modes of payment are available for making payments on the GST Portal: (Note: E-Payment refers to payments which are made online through Net Banking/Credit Card/Debit Card) Internet Banking (Pay online) The Internet Banking or Netbanking option… Read More »

How many GST Challans can be saved at one time?

How many Challans can I save at one time? You can save a maximum of 10 Challans on the GST Portal at any point in time.  Related Topic on GST Challan Make GST Challan Make GST Payment Track GST Payment Status  GST Challan FAQ GST Challan : All That you needs to Know – Process and… Read More »