Payable GST

The electronic liability register or GST PMT-01 of a taxpayer is made available on the GST Common Portal for the taxpayers ready reference. The electronic liability register is debited for:

Amount payable towards tax, interest, late fee or any other amount payable as per the return furnished by the taxpayer;

Amount of tax, interest, penalty or any other amount payable as determined by a proper officer in pursuance of any proceedings under the Act or as ascertained by the taxpayer;

Amount of tax and interest payable as a result of mismatch under section 42 or section 43 or section 50; or

Amount of interest that may accrue from time to time.