Rules Rule 87 of CGST Rules i.e. Electronic Cash Ledger as amended by Notifications as well as circulars
Financial Year: 2017
Rule 87 of CGST Rules 2017
Electronic Cash Ledger
(1) The electronic cash ledger under sub-section (1) of section 49 shall be maintained in
FORM GST PMT-05 for each person,
liable to pay tax, interest, penalty, late fee or any other amount,
on the common portal for crediting the amount deposited and
debiting the payment therefrom
towards tax, interest, penalty, fee or any other amount.
(2) Any person,
or a person on his behalf,
shall generate a challan in FORM GST PMT06 on the common portal and
enter the details of the amount to be deposited by him towards tax, interest, penalty, fees or any other amount:
Provided that the challan in FORM GST PMT-06 generated at the common portal shall be valid for a period of fifteen days.
(Inserted by Notification No 22/2017 Central Tax)
Provided further that a person supplying online information and database access or retrieval services from a place outside India to a non-taxable online recipient referred to in section 14 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) may also do so through the Board‘s payment system namely, Electronic Accounting System in Excise and Service Tax from the date to be notified by the Board
(Inserted by Notification No 22/2017 Central Tax)
(Ommitted by Notification No 31/2019 Central Tax)
(3) The deposit under sub-rule (2) shall be made through any of the following modes, namely:-
(i) Internet Banking through authorised banks;
(ii) Credit card or Debit card through the authorised bank;
(iii) National Electronic Fund Transfer or Real Time Gross Settlement from any bank; or
(iv) Over the Counter payment through authorised banks for deposits up to ten thousand rupees per challan per tax period, by cash, cheque or demand draft:
Provided that the restriction for deposit up to ten thousand rupees per challan in case of an Over the Counter payment shall not apply to deposit to be made by:-
(a) Government Departments or any other deposit to be made by persons as may be notified by the Commissioner in this behalf;
(b) Proper officer or any other officer authorised to recover outstanding dues from any person, whether registered or not, including recovery made through attachment or sale of movable or immovable properties;
(c) Proper officer or any other officer authorised for the amounts collected by way of cash, cheque or demand draft during any investigation or enforcement activity or any ad hoc deposit:
Provided further that the challan in Form GST PMT-06 generated at the common portal shall be valid for a period of 15 days
Provided further that a person supplying online information and database access or retrieval services from a place outside India to a non-taxable online recipient referred to in section 14 of the Integrated Goods and Services Tax Act, 2017 may also make the deposit under sub-rule (2) through international money transfer through Society for Worldwide Interbank Financial Telecommunication payment network, from the date to be notified by the Board
(Second Proviso has been substituted by Green part by Notification No 22/2017 Central Tax Dated 17th Aug 2017)
Explanation.– For the purposes of this sub-rule, it is hereby clarified that for making payment of any amount indicated in the challan, the commission, if any, payable in respect of such payment shall be borne by the person making such payment.
(4) Any payment required to be made by a person
who is not registered under the Act,
shall be made on the basis of a
temporary identification number generated through the common portal.
(5) Where the payment is made by way of
National Electronic Fund Transfer or Real Time Gross Settlement mode from any bank,
the mandate form shall be generated along with the challan on the common portal and the same shall be submitted to the bank from where the payment is to be made
Provided that the mandate form shall be valid for a period of fifteen days from the date of generation of challan.
(6) 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.
(7) On receipt of the
Challan Identification Number from the collecting bank,
the said amount shall be credited to the electronic cash ledger of the person
on whose behalf the deposit has been made and the common portal shall make available a receipt to this effect.
(8) Where the bank account of the person concerned,
or the person making the deposit on his behalf,
is debited but no Challan Identification Number is generated
or generated but not communicated to the common portal,
the said person may represent electronically in
FORM GST PMT-07
through the common portal to the bank or
electronic gateway
through which the deposit was initiated.
(9) Any amount deducted under section 51
or collected under section 52
and claimed in FORM GSTR-02 by the registered taxable person from whom the said amount was deducted or,
as the case may be, collected
shall be credited to his electronic cash ledger in accordance with the provisions of rule 87
(Red part has been omitted by Notification No 31/2019 Central Tax)
(10) Where a person has claimed refund of any amount
from the electronic cash ledger,
the said amount shall be debited to the electronic cash ledger.
(11) If the refund so claimed is rejected,
either fully or partly,
the amount debited under sub-rule (10),
to the extent of rejection,
shall be credited to the electronic cash ledger by the proper officer by an order made in FORM GST PMT-03.
(12) A registered person shall,
upon noticing any discrepancy in his electronic cash ledger, communicate the same to the officer exercising jurisdiction in the matter, through the common portal in FORM GST PMT-04.
Explanation 1.-
The refund shall be deemed to be rejected if the appeal is finally rejected.
Explanation 2.–
For the purposes of this rule, it is hereby clarified that a refund shall be deemed to be rejected, if the appeal is finally rejected or if the claimant gives an undertaking to the proper officer that he shall not file an appeal.
(13) With Effect from a date to be Notified Later
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
Thanks
CA Rahul Gupta