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All about Form PMT-09

What is PMT-09?

Form GST PMT-09 is a challan that enables a registered taxpayer to transfer any amount of tax, interest, penalty, fee or any other amount available under one head (major or minor) to another head (major or minor) as available in the electronic cash ledger. Thus, such a form allows a taxpayer to perform intra head or inter head transfer of amount as available in electronic cash ledger.

Many times mistakes or errors occur by the tax payers while preparing the GST challan. Sometime the taxpayers pay the amount under the wrong head and it cannot be used to discharge the liability that may be due under the other head. In such cases the taxpayers has to claim the refund. The process of filing the refund claim and its disbursement may lead to blockage of funds for the tax payers. Here the Form GST-PMT-09 becomes useful.

Form GST PMT-09 Format-

 

Important Notes->

1. If wrong tax has already been utilized for making any payment, then form PMT-09 is not useful.

2. Only the amount that is available in E-cash ledger can only be reallocated. The amount once utilized and removed from the cash ledger cannot be reallocated.

 

Process of filing Form PMT-09:-

1. Login to the GST Portal.

2. Go to to Services > Ledgers > Electronic Cash Ledger option.

3. Click File GST PMT-09 For Transfer of Amount option to perform intra-head or inter-head transfer of amount.

4. Electronic Cash Ledger page is displayed. 

a)      Under CASH LEDGER BALANCE, Electronic Cash Ledger balance which is available for transfer is displayed.

b)     Under CASH LEDGER BALANCE, preview of updated Electronic Cash Ledger balance i.e. the resultant figures which will remain in various heads, after transfer of amount is effected by GST Portal on filing of Form GST 09, is displayed.

c)      Under the ADD RECORD, Enter the details in transfer amount from and transfer amount to and click SAVE to continue.

5. Click YES to proceed the transfer of amount. 
 
6. When we saved the details, the entered details will get reflected with processed records. Click PROCEED TO FILE. Select the Verification checkbox and select the Authorised Signatory. Click FILE GST PMT-09.  

7. Click the FILE WITH DSC or FILE WITH EVC button. 

8. Click PROCEED. A confirmation message is displayed that the filing has been successful and ARN is displayed on the screen. ARN will also be sent to the registered e-mail address and mobile number.

 

Disclaimer:

The contents of this article are solely for informational purpose. It does not constitute any professional advice. The author does not represent that the contents of the article are accurate or complete. Neither the Site/Blog 'Your Instasolv' and the author accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.

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