Circular No. ES/90/2020-21 29th April, 2020
To : Members of the Council
Sub: To give effect to the provisions of rule 87 (13) and FORM GST PMT-09 of the CGST Rules, 2017.
CBIC has issued Notification No. 37/2020 – Central Tax dated 28th April, 2020 on the above subjectwhich notifies the Form PMT – 09 effective from April 21, 2020.
It may be informed that Form PMT-09 (i.e. a challan) for shifting wrongly paid Input Tax Credit. This enables a registered taxpayer to transfer any amount of tax, interest, penalty, etc. that is available in the electronic cash ledger, to the appropriate tax or cess head under IGST, CGST and SGST in the electronic cash ledger.
Now CBIC has appointed 21st April, 2020, as the date from which the said provisions of the rules, shall come into force.
Members may kindly make a note of the above.