The Goods and Services Tax Network (GSTN) has enabled the option to use the amount in the cash ledger of one Goods and Services Tax Identification Number (GSTIN) (entity with the same PAN) by another GSTIN via transfer through form GST PMT-09, which has been made effective on the GST Portal. This has been introduced in order to implement Rule 87(14) of the CGST Rules, 2017.
For ready reference the relevant snap of the window of GST Portal is as under:
Relevant Provision: Rule 87(14) of the CGST Rules, 2017.
Electronic Cash Ledger –
On the common portal, a registered person may transfer any amount of tax, interest, penalty, fee, or other amount available in the electronic cash ledger under the Act to the electronic cash ledger for central tax or integrated tax of a distinct person as specified in sub-section (4) or, as the case may be, sub-section (5) of section 25, in FORM GST PMT- 09:
However, no such transfer shall be permitted if the registered individual has any unpaid liability in his electronic liability register.
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