GST Cash Balance Transfer to Different GSTIN of Same PAN

 

The GST Portal now has a new feature that allows people to move money they have in one GSTIN account to another GSTIN account under the same PAN number.

This can be done by going to the Dashboard, then Services, then Ledgers, and finally Electronic Cash Ledger.

This feature lets people transfer money between different accounts if they have the same PAN number for both accounts. The Form GST PMT-09 can be used by anyone who is registered or unregistered to transfer money from one account to another. This form lets people move money between different types of taxes, interest, penalties, fees, and other categories. However, the money that people put into one category can only be used to pay for liabilities in that same category.

This feature is helpful for people who have multiple GSTIN accounts under the same PAN number and need to move money between their own accounts.