How to Make GST Payments Online in India?


Firms must calculate the amount of tax to be given in cash after removing the input tax credit.

The GST payment process was implemented so that all taxpayers pay GST the same way. Each self-employed person or company owner active in purchasing and selling items & services must file GST returns daily. The main goal of the whole GST online payment procedure is to ensure transaction openness & access. This article explains the steps to take to complete the GST payment. 

What Exactly Is GST payment?

The GST payment refers to the deposit of the GST amount owed by the firm regularly. It is among the most vital needs for a firm to stay legal. Per the norms, each listed regular taxpayer must pay GST on the 20th of each month. He must also fill GSTR-3B form monthly. GST payments may be made online, ensuring a smooth and fair process. Different payment systems apply to different types of taxpayers.

Different types of taxpayers must adopt some payment systems, as shown below:

  • Ordinary Taxpayer

The PMT-06 challan is vital for normal taxpayers to make cash ledger payments. This is needed when they file the GSTR-3B, which contains all the vital details. They may also induce the challan & make payment before or after logging in.

  • Quarterly Taxpayer

This type covers taxpayers who have opted for the QRMP Plan. The tax for the initial two months of the quarter will be submitted via the PMT-06 challan. The payment will be paid during the quarter’s final month when filling out the GSTR-3B. In the first & 2nd months of the quarter, the tax has to be paid by the 25th of the following month.

  • Taxpayer with No GST Return

Such taxpayers have no buy, sale, or tax due for the period, whether it be month or quarter. As a result, they are not forced to pay or create a challan.

  • A Taxpayer Who Is Part of the Composition Plan

These taxpayers must describe their quarterly sales or turnover & create the CMP-08 challan to pay tax. In the Composition Scheme, for instance, the tax due for the April — June quarter must be paid by the 18th of June.

How Can a Person Pay Their GST Online?

Below is a step-by-step guide to making the GST payment digitally.

  • Set off the tax due with the credit in the digital credit sheet.
  • Put money in the digital cash ledger to cover the rest tax duty.
  • Make a challan for GST payment – A challan for GST payment may be made via Form GST PMT-06 from the GST payment site. The challan must include the sum paid for interest, tax, fees, fine, or any other sum. The printed challan would be usable for 15 days.
  • Submit the GST payment via the below methods:
  • Internet banking via approved banking firms.
  • Approved banks accept credit or debit cards.
  • Any bank may use National Electronic Fund Transfer or Real Time Gross Settlement.
  • OTC (Over The Counter) payment by approved banks for payments. Cost is up to Rs10,000 per challan every tax period, in a cheque, cash, or Demand Draft.
  • CIN creation & credit to digital money ledger – when a dealer’s payment is paid to the relevant federal account, the Challan Identification Number is produced. It is shown on the challan on the GST site. The money would be paid to the person’s Digital cash ledger upon receipt of a CIN.

Later Completion of GST Online Payment

The taxpayer can finish the payment using a debit or credit card. Payment is made via net banking or at a later date on an earlier filed challan by making these moves:

  • Step 1: Upon login to the GST site. You must Navigate to the ‘Services’ page, then ‘Payment,’ and finally ‘, Challan history.’
  • Step 2: From the set of CPINs given, pick the right CPIN by clicking on the hyperlink.
  • Step 3: Select a bank from the lists of bank names given in the dropdown menu. As desired, finish the payment via credit, debit card, or net banking.
  • Step 4: After properly completing the payment, the CIN receipt is given. The digital cash ledger is also automatically revised.

Creating a GST Challan Using the GST Site

On the GST site, the user may issue the challan in two aspects. Users can do this with or without signing in to their GSTIN profile. The following actions must be taken before entering into the GST system to create a challan:

  • Pick the ‘Payments’ tab on the GST portal’s site. It is under the services category, & then tap on ‘Create challan.’ 
  • In the event of a normal taxpayer, enter the GSTIN. Users can enter the ID of a temporary person or tax filer. Enter the captcha code.
  • Fill in the blank columns with the proper amount for SGST, IGST, or CGST.
  • Pick the relevant payments system & bank from the listed choices.
  • Re-enter the GSTIN or ID for challan creation & click ‘Proceed.’
  • To download the created challan, pick the ‘Download’ tab.

Deadline for Making a GST Online Payment

Users must calculate the deadline for GST payment from the day of challan generation. In contrast, offline payments may be made 15 days after the challan is generated. Online payments must be made instantly.

The below steps must be followed during challan creation in the event of GST online payment:

  • Net banking should be selected as the payment method. After choosing the bank’s name, tap on the ‘Generate challan’ tab. The Common Portal Identification Number will be issued as a result.
  • If a challan is created without signing in, taxpayers should pay it immediately. If a challan is created after logging in, the taxpayer has up to 15 days to complete the payment.

Wrapping Up

In brief, the GST payment method & GST payment plan are vital for every folk to stay compliant. To make GST payments online on time & continue their work in a hassle-free way. Every firm must be aware of the required GST payment forms. The firm must perform the proper GST payment calculations. They must keep to the GST payment dates, & properly pass the relevant GST payment tokens in their records. One may pay their GST either offline or online at their leisure. For more related data, visit the Piramal Finance website and explore the services and products on offer, like credit cards and personal loans.