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GST Update on availability of PMT 09 and Relief in Refund to Exporters

pmt09

Inter-head cash balance transfer via PMT 09

– It was decided in 35 th Council meeting held on 21 06 2019 to provide facility to transfer balance in Electronic Cash Ledger ( from one head to another head of the taxpayer i e from cash balance of CGST to SGST or IGST and vice a versa

– Government notified this beneficial provision vide notification no 71 2019 CT dated 13 12 2019 to be effective from 01 04 2020 GSTN has started activated this facility on 21 04 2020 for filing of Form PMT 09

– Form PMT 09 can be accessed under the tab Services 8 Ledgers 8 Electronic Cash Ledger 8 File GST PMT 09 for Transfer of amount from one head to another head Possible transfers from one head to another head can be understood from below table

Head Transfer To/

Transfer From

Major/

IGST

Major/

CGST

Major/

SGST

Major/

Cess

Minor/

Interest

Minor/

Late Fees

Minor/

Penalty

Minor/

Others

Major IGST NA Yes Yes Yes Yes Yes Yes Yes
Major CGST Yes NA Yes Yes Yes Yes Yes Yes
Major SGST Yes Yes NA Yes Yes Yes Yes Yes
Major Cess Yes Yes Yes NA Yes Yes Yes Yes
Minor Interest Yes Yes Yes Yes NA Yes Yes Yes
Minor Late Fees Yes Yes Yes Yes Yes NA Yes Yes
Minor Penalty Yes Yes Yes Yes Yes Yes NA Yes
Minor Others Yes Yes Yes Yes Yes Yes Yes NA

Filing of GSTR 3B through EVC Option

– On account of Lockdown situation due to COVID 19 taxpayers face problem in filing GST returns due to non availability of Digital Signature ( of authorized signatory It must be noted that forms returns of Body Corporate Company Partnership Firms LLPs can be filed on GST Portal mandatorily with DSC only and for other taxpayers an option of One Time Password based Electronic Verification Code (EVC) is available.

– Government has decided to provide temporary relief by giving an option to file GSTR 3 B with Electronic Verification Code (EVC) for all the taxpayers However, the said option is made available for filing Form GSTR 3 B only and for filing other Forms such as Form GSTR 1 GSTR 4 RFD 11 REG 01 ITC 04 etc the said taxpayers have to use DSC only.

Status of Tax Payer Relaxation for

Filing of GSTR-3B

EVC

Relaxation for

Filing of GSTR-3B

DVC

Filing of GSTR-1/GSTR-4

/RFD-11,REG-01/ITC-04 etc

EVC

Filing of GSTR-1/GSTR-4

/RFD-11,REG-01/ITC-04 etc

EVC

Body Corporate / Company/
Partnership Firms / LLP
Yes Yes No Yes
Other than above viz.
Proprietary Concerns /
Trusts / Society
Yes Yes Yes Yes

Relief in Refund for Exporters in case of mismatch of Shipping Bill details

Relaxation in case of SB005 error in case of Refund

– Representation has been received in case of Shipping Bills having invoice mismatches between the GST returns data and the customs data presented along with the Shipping Bills resulting in SB 005 error.

– SB 005 error occurs due to mismatch of invoice number as declared in the invoice table in the shipping bill and that declared in the GSTR 1 for the same supply.

– Earlier, for SB 005 error, exporters were required to file a concordance table mapping GST invoices and corresponding shipping bill invoices for shipping bills with date up to 31 07 2019 Now, due to COVID 19 pandemic it is decided to extend the facility of filing of concordance table for SB 005 error correction in the Customs EDI system for Shipping Bills with date upto 31 12 2019.

Format of concordance table is given below

No. GST Invoice

No./Date

Taxable Value

as per GST

IGST Amount

as per GST

No. Corresponding/SB

Invoice No. Date

Taxable Value

as per GST

IGST Amount

Declared as per SB

Final (Corrected) IGST Amount

as per actual Export

 

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