Dear Sir / Madam,
I have Rs 100000 in GST Cash ledger under Late Fee head.
Can I adjust the late fee to GST Liability?
If Yes How?
Any notuficatios about the adjustment?
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LATE FEES IN GST CASH LEDGER
Replies (2)
As per notification no. 31 central tax :
(c) after sub-rule (12), with effect from a date to be notified later, the following sub-rule shall
be inserted, namely:-
“(13) 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.”.
(c) after sub-rule (12), with effect from a date to be notified later, the following sub-rule shall
be inserted, namely:-
“(13) 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.”.
Can you give effective date of notifications
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