PMT 09 CGST CASH BALANCE OF TDS ADJUSTABLE AGAINST SGST

[NILESH PITALE]

Respected Sir

We Have Credit in Cash Ledger due to TDS , As per our June-20 Return Position We have Cash Balance in CGST & Payable under SGST, In Such Case Can we Move CGST Cash Balance to SGST by Filling PMT-09.

Main Point is that Cash Balance is due to TDS

Please Guide

Thanking You

Nilesh Pitale

[Rajagopalan Ranganathan]

Sir,

According to rule 87 (13) Of CGST Rules, 2017 "A registered person may, on the common portal, transfer any amount of tax, interest, penalty, fee or any other amount available in the electronic cash ledger under the Act to the electronic cash ledger for Integrated tax, Central tax, State tax or Union territory tax or cess in FORM GST PMT-09*.

[Rajagopalan Ranganathan]

Sir,

According to rule 87 (13 Of CGST Rules, 2017 "A registered person may, on the common portal, transfer any amount of tax, interest, penalty, fee or any other amount available in the electronic cash ledger under the Act to the electronic cash ledger for Integrated tax, Central tax, State tax or Union territory tax or cess in FORM GST PMT-09*.

This rule is not worried about the source from which the fund has been credited to the electronic Credit Ledger.

Therefore you can transfer the fund from one major head to another major head or one minor head to another minor head under the same major head. Therefore you can transfer the fund under PMT-9.

[KASTURI SETHI]

Yes. It can be transferred as well explained by Sh.Rangnathan, Sir. Form GST PMT-09 is self-explanatory.

[Bhavika Chothani]

Yes you can transfer the amout from CGST Cash ledger to SGST Cash ledger by filing PMT-09.

AI Summary

Transfer of cash ledger balance between tax heads permitted via PMT 09, with TDS-derived funds admissible for transfer.
A registered person may transfer amounts in the electronic cash ledger between tax heads using FORM GST PMT-09; transfers can be between major tax heads or between minor heads under the same major head. The source of the credited funds, including amounts arising from tax deducted at source, does not prevent such transfers. The transfer is effected on the common portal by filing the prescribed form.