Para 14.2.4 — CAM
Original Rule Text
14.2.4. GST MAY BE DEPOSITED BY TAXPAYERS THROUGH ANY OF THE FOLLOWING MODES:
(a) Internet Banking through authorised Banks;
(b) Credit card or Debit card through the authorised Banks;
(c) National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS) from any Bank;
(d) Over the Counter (OTC) payment through authorised banks up-to ₹ 10,000 per challan per tax period by cash, cheque or demand draft; and
(e) Unified Payment Interface
14.2.5 PAYMENT PROCESS FLOW IN GSTN: The payment, Accounting and Reconciliation Process of GST is outlined in the figure below. The system of Accounting and Reconciliation that is applicable for all Indirect taxes including GST is called Accounting and Reconciliation Portal of Indirect Taxes (ARPIT).
14.2.6. ELECTRONIC CHALLAN FOR DEPOSIT OF GOODS AND SERVICES TAX (CPIN): The taxpayer or anyone authorized on his behalf enters the details of the amount to be deposited towards tax, interest, penalty, fees or any other amount in the electronic challan in the common portal of GSTN. The format is prescribed in Form GST PMT-06 of CGST Rules, 2017. On generation of the challan which is an intent to pay, Common Portal Identification Number (CPIN) is generated on GSTN Portal. The challan once generated is valid for 15 days for payment.
14.2.7. GENERATION OF CIN BY AUTHORISED BANK/RBI: When a tax payer makes a payment through any one of the prescribed modes through an authorised Bank against a valid CPIN, the Bank generates the paid challan CIN (Challan Identification number) and electronically shares it with common portal (GSTN). CIN number consists of CPIN prefixed by four-digit Bank Code at the time of successful payment by tax payer. In the case of NEFT/RTGS mode, the payments are through RBI and hence CIN is issued by RBI.
14.2.8. AUTHORISED BANKS FOR GST COLLECTION: All Public Sector Banks and selected Private Sector Banks are authorised for GST collection. In addition to it, RBI is also authorised for GST collection through NEFT/RTGS.
14.2.9. SHARING OF CHALLAN (CIN) BY BANKS/RBI ON REAL TIME BASIS: On successful payment, the challans are shared by the authorised bank/RBI electronically with a digital signature on real time basis with common Portal (GSTN) through API integration process. The Challan (CIN) is also received electronically with digital signature by the e-PAO (GST) through ARPIT.
14.2.10. ACCOUNTING and RECONCILIATION PORTAL of INDIRECT TAXES (ARPIT)
What This Means
Taxpayers can deposit GST through five modes: internet banking via authorized banks, credit/debit cards through authorized banks, NEFT/RTGS from any bank, Over the Counter (OTC) cash/cheque/DD at authorized banks (limited to Rs 10,000 per challan per tax period), and Unified Payment Interface (UPI). The payment process flows through GSTN (challan generation with CPIN) to banks (payment and CIN generation) to the accounting system ARPIT for reconciliation.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Five payment modes: Internet Banking, Credit/Debit Card, NEFT/RTGS, OTC (up to Rs 10,000), and UPI
- 2OTC payments limited to Rs 10,000 per challan per tax period via cash, cheque, or demand draft
- 3CPIN (Common Portal Identification Number) generated on GSTN when challan is created — valid for 15 days
- 4CIN (Challan Identification Number) generated by authorized bank/RBI upon successful payment
- 5ARPIT (Accounting and Reconciliation Portal of Indirect Taxes) handles all accounting and reconciliation
Practical Example
A small trader needs to pay Rs 8,000 in CGST for the quarter. They can visit any authorized bank branch and pay over the counter using cash, presenting the GST challan. For the next quarter, when the CGST liability is Rs 25,000, they must use internet banking, NEFT, or another electronic mode since OTC is limited to Rs 10,000. Upon payment, the bank generates a CIN, which is shared with GSTN and ARPIT for accounting.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why is OTC payment limited to Rs 10,000?▼
How long is a GST challan valid for payment?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.