Worried for wrong payment of taxes in wrong tax head? Here is the solution by GSTIN for transfer of any amount of tax, interest, penalty, fee or others under one head to another. Form GST PMT-09 challan – Much awaited utility for all the taxpayers operational from 21st Apr 2020 for who wants to transfer taxes paid under the wrong heads in electronic cash ledger from one head to another appropriate tax head. Now, a registered taxpayer can file Form GST PMT-09 for transfer of any amount of tax, interest, penalty, fee or others, under one (major or minor) head to another (major or minor) head, as available in the Electronic Cash Ledger.
Source Taxguru
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