How is date of GST tax deposit accounted in India?

 

Which date is considered as date of deposit of GST tax dues under GST Law in India?

 

How is date of GST tax deposit accounted in IndiaI am a GST tax payer in India. I have to pay GST tax monthly. I have presented a cheque dated 06th September with GST authorized bank on 07th September. However, the amount has been credited to my GST e-ledger only on 11th September.

Obviously there is a question, whether GST authorities account the date of receipt of GST tax on 06th September, 07th September or 11th September?

The answer is very clear, the date of credit to the government account is treated as date of receipt of such GST Tax amount, here in our example it is on 11th September.

Here we have discussed about a clarification on accounting GST tax receipt date by GST authorities whether date of GST tax cheque or realization date of GST tax cheque accounted. It is clarified that the date of realization of a GST tax cheque with government account is treated as date of receipt as per GST Law in India under GST Tax payments.

 

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