How to Pay GST Payment Online | GST Payment Process | BharatBills
At this point, you have probably understood the importance of registering your business under GST and have begun the process of GST registration. However, it is vital to know how to make GST payments online. This is where billing software with auto payment reminders can greatly assist you.
Which GST Payments Do You Need to Make?
Under the new GST system, GST is levied in three different forms depending on the type of transaction:
- IGST
- The Integrated GST (IGST) is levied by the central government when the supply of goods or services is made between states. Utilizing billing software with auto payment reminders can help ensure you don’t miss these payments.
- CGST
- The Central GST (CGST) is levied by the central government for the supply of goods or services within a state. With billing software with auto payment reminders, you can easily keep track of your CGST obligations.
- SGST
- The State GST (SGST) is levied by the state government for the supply of goods or services within the state. Our billing software with auto payment reminders simplifies this process, helping you stay compliant.
If you’re registered under GST in billing software with auto payment reminders and are making taxable supplies, or if you are an e-commerce operator registered under GST, you will need to handle these payments correctly.
Understanding (billing software with auto payment reminders) GST Payment Types
- GSTR-8: This is the yearly GST return for a taxpayer registered under the composition scheme.
- GSTR-3B: A monthly GST return that businesses need to file.
- GSTR-9A: This record must be filed annually and contains details about earnings.
- GSTR-7: If GST returns are not filed on time, you will be required to pay interest plus a penalty.
- GSTR-11: This is for non-resident foreign taxable persons and needs to be filed monthly.
The online GST Portal functions as an excellent source of information for everything you may need to learn about GST payment online. These measures should suffice to get you started with filing your GST returns. Using billing software with auto payment reminders ensures that you never miss important deadlines.
Step-by-Step Guide to Making (billing software with auto payment reminders) GST Payment Online
Here’s a step-by-step guide that will help you make GST payments online with ease, especially when using billing software with auto payment reminders:
- Visit the Official GST Site: Log in to your account on the GST Portal using your username, password, and the provided captcha code.
- Create a Challan: Navigate to the ‘Services’ tab, select payments, and click on the “Create Challan” option.
- Enter Payment Details: Type the amount you need to cover and select the GST payment method you want to employ. Input all necessary details and click on ‘Create Challan.’
- Make the Payment: Click on the GST payment style and hit the ‘MAKE PAYMENT’ button.
- Receive Your Challan: Once the GST payment is completed, you will receive a challan that contains all specifics of the tax you have paid. This challan will be transmitted to your money ledger account.
With billing software with auto payment reminders, managing your GST payments becomes straightforward and hassle-free. You will receive timely notifications, ensuring you never miss a payment deadline.
Now that you have understood the importance of registering your company under GST and have begun the process of GST registration, it’s essential to efficiently manage your GST payments online. Using billing software with auto payment reminders is a smart choice to streamline this process.
With our billing software with auto payment reminders, you can ensure that all your GST payments are made on time. This billing software with auto payment reminders not only simplifies the payment process but also keeps you organized. Say goodbye to late fees and missed deadlines by using our billing software with auto payment reminders that automatically alert you about upcoming payments. Embrace efficiency and compliance today with our intuitive billing software with auto payment reminders!