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Here, FAQs are prepared relating to GST Payment and rules relating to the same. As we all know GST Returns are required to be filed periodically, and payment is to be made accordingly.
Table of Contents
GST tax payments can be done through:
Yes, it’s necessary to pre register the credit card for GST payment with the Common portal maintained on GSTN. GSTN may also attempt to put a system with banks in verifying the credit card by taking a confirmation from the credit card service provider.
CPIN stands for Common Portal Identification Number. It is given at the time of generation of challan. It is a 14 digit unique number to identify the challan. The CPIN remains valid for 15 days period.
CIN stands for Challan Identification Number. The 17 digit CIN number is issued after the payment of GST. Every CIN is a 17 digit unique code. It comprises of the 14 digit CPIN with a 3 digit bank code.
There would be a real time two way linkage between GSTN and the core banking solution of the bank. CPIN is automatically routed to the bank through electronic string for verification and receiving payment and a CIN is automatically sent by the bank to the common portal confirming payment receipt.
No. Once the taxpayer logs into GSTN portal for generation of challan, payment particulars should be fed in by the tax payer or his authorized person. He may save the challan midway for updating in future, if required. However, it may be noted that once challan is finalized and CPIN generated, no changes can be made.
The main features of GST payment process are as follows:
Read our article:
Overview of GST on Advertisement Services and its Taxability
Ashish M. Shaji has done his graduation in law (BA. LLB) from CCS University. He has keen interests in doing extensive research and writing on legal subjects especially on corporate law. He is a creative thinker and has a great interest in exploring legal subjects.
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