we have balance in panalty ledger of gst portal which has been deposited due to challan raised by officer on trasportaion issue
now by pmt 09 can we utilize that balance by transfering it from penalty to cash ledger?
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Quick Summary
This discussion addresses whether a balance in the GST penalty ledger, deposited due to an officer's challan, can be utilised by transferring it to the cash ledger using form PMT-09. The consensus is that this is not possible. The penalty should be set off as intended by the officer, ideally by filing form DRC-03 before receiving a notice under DRC-07.