Good News !!! PMT 09 Enable

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GST Practitioner
55067 Points Posted on 21 April 2020
Form PMT 09 has been enabled in the GST Portal :

This helps Tax Payer to transfer any amount of Tax, Interest , penalty, fee or any amount available in the any one head (CGST/SGST/IGST Cess) to Other head (CGST/SGST/IGST/Cess)
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On 21 April 2020 at 15:41 Report
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Quick Summary
The GST Portal has now enabled the PMT-09 form, a significant update for taxpayers. This allows for the transfer of any tax, interest, penalty, or fee amounts between different heads like CGST, SGST, IGST, and Cess. While the form is active, Rule 87(13) is not yet effective, though it was notified earlier. This feature, stemming from Finance (No. 2) Act 2019, offers greater flexibility in managing tax liabilities.

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11 Points Posted on 21 April 2020
But rule 87(13) is not effective yet
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On 21 April 2020 at 16:25
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GST Practitioner
55067 Points Posted on 21 April 2020
It's already being Notified by Notification 1/2020, DT.1.1.2020 , but available & enable now in the portal.
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On 21 April 2020 at 16:30
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"Do the Right Thing...!!!"
128157 Points Posted on 21 April 2020
Yes... Exactly good news...

Thank You for the update Mr Pankaj Rawat Ji...
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On 21 April 2020 at 17:45
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GST Practitioner
55067 Points Posted on 21 April 2020
Dear Banshidhar

Yes you are correct .
notification 1/2020 brought into effect sub-section (10) of Section 49 [inserted vide Section 99 of Finance (No. 2), 2019. Notification to insert sub-rule (13) in rule 87 was issued under said sub-section but from date to be notified as mentioned in the said notification. So date is still to be notified. Regards


Thanks Dear Mr Raja ji
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On 21 April 2020 at 20:41

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