Steps for creating GST payment challan
Steps for gst payment challan
How to Create GST Payment Challan?
A GST payment challan must first be generated from the GST system in order to make a GST payment. Payment can be made through online banking, a credit/debit card, NEFT, or cash at specific banks after the payment challan has been generated.
GST Payments Modes
You can pay your GST using one of the following methods:
- Internet Banking through approved banks;
- By using a credit or debit card from an authorised bank;
- National electronic funds transfer, real-time gross settlement from any bank, or
- A cash deposit of up to ten thousand rupees per challan per tax period can be made at authorized banks with a check, demand draft, or check.
Banks That Accept GST Payments
The Below mentioned banks have been authorised to accept GST payments on behalf of the Government.
- ALLAHABAD BANK
- ANDHRA BANK
- AXIS BANK
- BANK OF INDIA
- BANK OF MAHARASHTRA
- CANARA BANK
- CENTRAL BANK OF INDIA
- CORPORATION BANK
- DENA BANK
- HDFC BANK
- ICICI BANK LIMITED
- IDBI BANK
- INDIAN BANK
- INDIAN OVERSEAS BANK
- JAMMU AND KASHMIR BANK LIMITED
- ORIENTAL BANK OF COMMERCE
- PUNJAB AND SIND BANK
- PUNJAB NATIONAL BANK
- STATE BANK OF INDIA
- SYNDICATE BANK
- UCO BANK
- UNION BANK OF INDIA
- UNITED BANK OF INDIA
- VIJAYA BANK
Steps for Creating GST Payment Challan
You can easily create a GST payment challan by following the procedures listed below. The first step in paying for GST is to create a GST payment challan.
Step 1: Go to the GST portal
Log in to the GST portal and access your account. To create a challan, choose it in the GST dashboard.
Step 2: Enter details of GST payment you would like to remit
Enter the details of your GST payment on the following page below. You will have to provide the amount under the heading of CGST, IGST, Cess, and SGST. Additionally, a breakdown of payments made in relation to taxes, interest, fines, fees, and other charges is available.
Step 3: Verify GST payment details
Next, verify your payment details and click on the make payment button. In the situation of cash payment, a GST payment challan as displayed below will be generated.
To make over-the-counter payment, you can produce the payment challan at any of the banks mentioned above. E-payment of GST challan is a separate process which we will discuss in another blog.
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