Surprisingly, FORM GST PMT-09 comes to life

Author's Comment:

Rule 87(13) and PMT 09 has finally been activated w.e.f 21/04/2020 by Not.No. 37/2020-CT dt. 28/04/2020 paving way for the transfer of cash balance in Electronic Cash Ledger from one Major/Minor Head to another Major/Minor Head.

Interestingly, the notification is dated 28/04/2020 but as anticipated, it has been made effective from 21/04/2020!

This was necessary as GSTN Portal had activated PMT 09 on 21/04/2020 and many taxpayers had uploaded it on the same day.
This had been pointed out in the article and the need to give effect to the notification in whatever manner from 21/04/2020 had been stressed upon.
Though the larger issue of the very validity of the Rule 87(13) will remain, as it was discussed in the article, no one is going to challenge it and why anyone should?

So “Everything is well that ends well!” as one would say!

Shailesh Sheth 07/05/2020