Tax Payment Formats for GST – Normal and Composition Dealers
A summary of Payment formats for GST
In this post, we will explore the different tax payment methods applicable to both regular and composition dealers under GST. Let’s look into it in detail.
Below you can see the whole list of forms for Normal Tax Levy under GST and their description.
| FORM NUMBER | DESCRIPTION |
| Form GST PMT-1 |
|
| Form GST PMT-2 | Electronic Credit Ledger |
| Form GST PMT-3 | Order for re-credit of the amount to cash or credit ledger on rejection of refund claim |
| Form GST PMT-4 | Application for intimation of discrepancy in Electronic Credit Ledger/Cash Ledger/Liability Register |
| Form GST PMT-5 | Electronic Cash Ledger |
| Form GST PMT-6 | Challan For Deposit of Goods and Services Tax |
| Form GST PMT-7 | Application for intimating discrepancy in making payment |
Next, you can see the whole list of forms for Composition Tax Levy under GST.
| FORM NUMBER | DESCRIPTION |
| GST CMP-01 | Intimation to pay tax under section 10 (composition levy) (Only for persons registered under the existing law migrating on the appointed day) |
| GST CMP-02 | Intimation to pay tax under section 10 (composition levy) (For persons registered under the Act) |
| GST CMP-03 | Intimation of details of stock on date of opting for composition levy (Only for persons registered under the existing law migrating on the appointed day) |
| GST CMP-04 | Intimation/Application for withdrawal from composition Levy |
| GST CMP-05 | Notice for denial of option to pay tax under section 10 |
| GST CMP-06 | Reply to the notice to show cause |
| GST CMP-07 | Order for acceptance/rejection of reply to show cause notice |
That concludes our posts on Tax Payment Formats for GST – covering both Normal and Composition Dealers. Feel free to share your thoughts and opinions in the comments below.
Share
