How to transfer amount in Cash Ledger from one GSTIN to another GSTIN

The GST Department has notifies that Now Taxpayers can transfer the amount in Cash Ledger from one GSTIN to another GSTIN registered on the same PAN through Form GST PMT-09.

Transfer amount in Cash Ledger from one GSTIN to another GSTIN

Reetu | Mar 22, 2023 |

How to transfer amount in Cash Ledger from one GSTIN to another GSTIN

How to transfer amount in Cash Ledger from one GSTIN to another GSTIN

The GST Department has notifies that Now Taxpayers can transfer the amount in Cash Ledger from one GSTIN to another GSTIN registered on the same PAN through Form GST PMT-09.

GST Portal has released a new functionality enabling taxpayers to transfer amount available in cash ledger from one GSTIN to another GSTIN registered on the same PAN by filing Form GST PMT-09.

Navigate to: GST Portal> Dashboard> Services> Ledgers> Electronic Cash Ledger

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.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"