What is the date of payment of tax?

[Nitin Arora]

As provied in rule 37 of GST rules ( input credit rules)

The registered person shall be liable to pay interest at the rate notified under sub-section (1) of section 50 for the period starting from the date of availing credit on such supplies till the date when the amount added to the output tax liability, as mentioned in sub-rule (2), is paid.

If i paid the tax using my input tax credit then in that case what will be the date of payment?.

[KASTURI SETHI]

The date of filing GSTR 3 B is the date of payment i.e. date of debit. The Common Portal System does not accept the return until or unless the tax is debited either through Cash or Credit Electronic Ledger.

Pl. note that interest is to be paid from the date of liability arises. However, as per Rule 37(3) of CGST Rules, 2017 interest is to be paid from the date of availing (taking ) credit and till the date tax is debited (date of filing).

[Nitin Arora]

@kasturi sethi sir

If i paid the tax amount through cash then in that case also the date of payment will be the date of filing of GSTR 3b?

Or it will be date of credit in cash ledger

[KASTURI SETHI]

If paid through Electronic Cash Ledger, the date of filing is the date of payment. If paid through Electric Credit Ledger, the date of availing credit as per Rule 37(3) of CGST Rules, 2017. This is the position at present.

[Ganeshan Kalyani]

Once the GSTR 3 B is filled and proceeded for payment system shows "insufficient cash" and takes us to create challan and we make payment. It implies that credit is adjusted and exhausted and for balance the cash is paid. Thus the date of payment is the filing of return as assumed.

AI Summary

Date of payment for GST: filing return is treated as payment date when tax is debited from electronic ledgers. The date of payment for GST is the date of filing the return when the tax is debited from the electronic ledger; if paid via the electronic cash ledger, filing date (when cash is debited) is the payment date; if paid by using electronic credit ledger, the date of availing credit under Rule 37(3) is the relevant payment date, and interest runs from the date of availing credit until the tax is debited/filing.