PMT-09 is a challan used for transferring wrongly paid amount in electronic cash ledger from one head to another. All registered taxpayers can use Form PMT-09 from 21st April 2020 for transferring any amount of tax, interest, or penalty available in the electronic cash ledger to another appropriate tax head.
Step by Step Guide to Filing Form PMT-09
Step 1: Log in to the GST Portal.
Step 2: Select Services>Ledger>Electronic cash ledger. The page below will be displayed:
Step 3: Select ‘File GST PMT-09 for transfer of amount’. The screen below will be displayed.
It is divided into three parts:
- Cash ledger balance – Available for transfer: In this table, a taxpayer will only be able to view the balance available in electronic cash ledger.
- Cash ledger balance – Preview of updated balance: In this table, a taxpayer will be able to view the updated balance of cash ledger after making the changes.
- Add record: In this table, a taxpayer is required to update two columns, i.e. ‘transfer amount from’ and ‘transfer amount to’.
Let us understand with the help of an example:
Mr X has an electronic cash ledger balance of Rs.10,000 (Rs.5,000 under CGST and Rs.5,000 under IGST). Now, he needs to transfer Rs.5,000 from IGST to SGST.
This is how the cash ledger balance for transfer will look like:
Now, update the details in the ‘Add Record’ table.
After updating the details in the ‘Add Record’ table, the amounts will get updated in ‘Cash ledger balance – preview of updated balance’.
A taxpayer can save the details by clicking on the ‘Yes’ tab in the confirmation dialogue box.
Step 4: Save the details – After saving the details, the processed records will look as below:
Step 5: Verification – Below is the verification screen:
Step 6: Add Signatory: Click on the declaration checkbox and select the authorised signatory.
Click on ‘File GST PMT-09’ and then enter the OTP.
A confirmation message will pop up and an Application Reference Number (ARN) will be sent on the registered email ID and mobile number of the taxpayer.
A taxpayer can view the updated cash ledger at Services> Ledgers> Electronic cash ledger.
The updated cash ledger will look as below: