Transfer of Electronic Cash Ledger balance from one GSTIN to another GSTIN enabled on GST Portal

GST Portal Update

The option to transfer the amount in the Electronic Cash Ledger from one GSTIN to another GSTIN having the same PAN through Form GST PMT-09 has been made effective on GST Portal.

This has been made to comply with Rule 87(14) of CGST Rules, 2017 which provides that a registered person may, on the common portal, transfer any amount of tax, interest, penalty, fee or any other amount available in the electronic cash ledger under the Act to the electronic cash ledger for central tax or integrated tax of a distinct person as specified in sub-section (4) or, as the case may be, sub-section (5) of section 25, in FORM GST PMT- 09.