A taxpayer can create challan under GST from GSTN portal for the purpose of payment of taxes. The payment particulars have to be fed in by the taxpayer or his/her authorized person as the case maybe. It is possible to fill in the challan form partially and temporarily “save” the challan for completion at a later stage. A saved challan can be “edited” before finalization.

After the taxpayer has finalized the challan, it will be generated. The remitter will have the option of downloading the challan for printing on later stages or printing the challan online for his record.

It is important, that once a challan is generated online, it cannot be modified further and will be frozen. However, a tax payer can save the challan midway for future editing. Once the challan is finalized and CPIN generated, no further changes can be made to it by the taxpayer.

Is there a validity period of created challan under GST?

Yes, created challan will be valid for 15 days after the generation and thereafter it will be purged from the System. However, the taxpayer can generate another challan at his convenience.

It is noted that, under GST regime some taxes and duties may remain outside the purview of GST and will continue to be collected in the manner prescribed under existing accounting procedures/rules/manuals, etc. This means that two types of challans

  • one for GST and
  • other for non-GST will be used

and accounted for by the respective Pay and Accounts Offices (PAOs)/State AGs.

Details of the Challan for GST tax payments

The Challan will reflect only the net tax paid amount along with the related bifurcations of nature of tax liability, such as interest, penalty,  fees & other charges etc. Presently, Tax payments challan information forms the basis of accounting and reconciliation between the bank, RBI, Tax Authority & the accounting authorities of the centre,  state & the UT’s.

GST tax accounting code for CGST,SGST,IGST & Additional Tax

CGST, IGST & Additional tax components will be accounted for under Consolidated Fund of India(CFI).Transfer of due IGST & additional tax to the states can thereafter be made thereafter made therefrom as per existing procedure. The interest, penalty, fees or other charges if any under GST will need to be accounted for separately. Hence they would be reflected under separate heads in the Tax Payment Challan.

Main features of GST payment process

  1. Electronically generated challan from GSTIN common portal in all modes of payments & no use of manually prepared challan.
  2. Facilitation of the taxpayer by providing hassle free anytime, anywhere mode of payment of tax.
  3. Convenience of making payment online
  4. Logical Tax collection data in electronic format.
  5. Faster remittance of tax revenue to the government account.
  6. Paperless transactions
  7. Speedy accounting and recording
  8. Electronic reconciliation of all the receipts.
  9. Simplified procedure for the bank.
  10. Warehousing of digital challan

Create challan for GST payments:

Method 1:

challan under GST

Method 2:

challan under GST

Method 3:

challan under GST

Method 4:

challan under GST

So a taxpayer can adopt any of the above methods to avail the facility of E-payment under GST.

In case you are confused about GST as a business owner, feel free to consult the GST experts at LegalRaasta. You can get comprehensive assistance on GST Enrolment and GST Online. You can also use our GST software for doing end-to-end GST compliance.