How to Pay GST Online
Mode of GST Payment
Various kinds of payment of tax, interest, penalty, fee or any other amount cab be paid using by internet banking, credit card, NEFT, RTGS or any other mode shall be credited to electronic cash ledger of the person.
Interest on late payment of GST
- If payment is not made within due date then interest is to be paid at the rate of 18%.
- In case a person makes an undue or excess claim of input tax credit or undue or excess reduction in output tax liability, he shall be liable to pay interest on such excess claim or excess reduction at the rate of 24%.
Penalty on Late or non Payment of GST to government
Section 122 CGST – Penalty for certain offences
which provide for a penalty of Rs. 10,000 or 10% of the tax short paid or unpaid whichever is higher. Such Penalty is leviable in the event of non-payment of taxes for a period exceeding 3 months from the date on which such amount was originally payable.
6 Steps for Online GST Payment
Step 1.Visit – https://www.gst.gov.in/
Step 2.Select Services – > Create Challan
Setp 3. Create Challan Link – https://payment.gst.gov.in/payment/
Step 4. The OTP Authentication box appears. In the Enter OTP field, enter the OTP sent on registered mobile number of the taxpayer whose GSTIN/UIN/TRPID/TMPID is entered.
Step 5. The Challan is generated.
Note: You can also download the GST Challan by clicking the DOWNLOAD button
Step 6. Select banking channel and proceed for payment ( Done )
All Forms related to GST Payment
|Form||Use of form|
|GST PMT-01||Electronic Tax liability register is maintained in this form|
|GST PMT-02||Electronic credit ledger is maintained in this form|
|GST PMT-03||Order by proper officer to re-credit amount on rejection of refund|
|GST PMT-04||Communication of discrepancy in electronic credit ledger, cash ledger or liability ledger|
|GST PMT-05||Electronic cash ledger is maintained in this form|
|GST PMT-06||Challan for payment of GST|
|GST PMT-07||Application when CIN is not generated or not communicated to common portal|
GST Payment Rules.