Payment-formats-for-GST

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 NUMBERDESCRIPTION
Form GST PMT-1
  • Electronic Liability Register of registered person (Part–I: Return related liabilities)
  • Electronic Liability Register of taxable person (Part–II: Other than return related liabilities)
Form GST PMT-2Electronic Credit Ledger
Form GST PMT-3Order for re-credit of the amount to cash or credit ledger on rejection of refund claim
Form GST PMT-4Application for intimation of discrepancy in Electronic Credit Ledger/Cash Ledger/Liability Register
Form GST PMT-5Electronic Cash Ledger
Form GST PMT-6Challan For Deposit of Goods and Services Tax
Form GST PMT-7Application for intimating discrepancy in making payment
Next, you can see the whole list of forms for Composition Tax Levy under GST.
FORM NUMBERDESCRIPTION
GST CMP-01Intimation to pay tax under section 10 (composition levy) (Only for persons registered under the existing law migrating on the appointed day)
GST CMP-02Intimation to pay tax under section 10 (composition levy) (For persons registered under the Act)
GST CMP-03Intimation 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-04Intimation/Application for withdrawal from composition Levy
GST CMP-05Notice for denial of option to pay tax under section 10
GST CMP-06Reply to the notice to show cause
GST CMP-07Order 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.