TMI BlogPayment by challanX X X X Extracts X X X X X X X X Extracts X X X X ..... ual or physical Challans are not allowed under the GST regime. It is mandatory to generate Challans online on the GST Portal. Type of Challan - there is single Challan prescribed for all taxes, fees, penalty, interest, and other payments to be made under the GST regime. i.e. FORM GST PMT-06 . validity of Challan - a challan will be valid for 15 days after its generation and thereaf ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (RBI) when payment is actually received by such authorized banks or RBI and credited in the relevant government account held with them. It is an indication that the payment has been realized and credited to the appropriate government account . CIN is communicated by the authorized bank to taxpayer as well as to GSTN. BRN or Bank Reference Number is the transaction number given by the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xplanation (a) Section 49 of the CGST Act ] On successful credit of the amount to the concerned government account maintained in the authorised bank, a Challan Identification Number shall be generated by the collecting bank and the same shall be indicated in the challan. On receipt of the Challan Identification Number from the collecting bank, the said amount shall be credited to the electr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the details in challan generated in FORM GST PMT-06 on the Common Portal. I n c a s e a ny discrepancy is noticed in electronic cash ledger, the registered person shall communicate the same to the officer exercising jurisdiction in the matter, through the common portal in FORM GST PMT-04. Identification number for each transaction [ Rule 88 ] (1) A unique identificat ..... X X X X Extracts X X X X X X X X Extracts X X X X
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