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Shifting of Balance in GST Electronic Cash Ledger by Using From Pmt-09 Is Enabled on GST Portal

The Government has made section 99 of Finance (No. 2) Act, 2019 applicable from 1st January 2020 via Notification No. 01/2020 – Central Tax dated 01.01.2020. In this the Government has introduced PMT-09 by which registered person is able to shift any amount of tax, interest, penalty, etc. that is available in the electronic cash ledger, to the appropriate tax or cess head under IGST, CGST and SGST in the electronic cash ledger. Now, PMT-09 has been enabled on GST portal. The taxpayers can easily shift any balances available in the electronic cash ledger using Form GST PMT-09. Source: GST Portal


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