gst payments made simpler - dbs bank · gst beneficiary account no. cpin no.* on your challan...
TRANSCRIPT
Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed to parties outside the presentation. DBS
Bank accepts no liability whatsoever with respect to the use of this document or its contents.
GST Payments Made Simpler
Summary
For more details - refer to the detailed step listed ahead in this document.
Please feel free to reach out to us at DBS BusinessCare @ 1800 419 9500/ +91 44
6632 8000 in case of any further assistance.
Feel free to write to [email protected] / [email protected] for any
further feedback.
Thank you and Look forward to serving you !
DBS IDEAL Team
Step 1
Login to your GST
Portal & Create Challan
Go to Dashboard and
Click on “Pay Tax” or
navigate directly to
Services -> Payment and
Create Challan
Reference : GST Login page - https://services.gst.gov.in/services/login
Create GST ChallanStep 2Step 1
Step 2
Select the Payment Mode
as “NEFT/RTGS”
and choose Bank name
as ‘DBS BANK’ & click on
‘Generate Challan’
Select Payment modeStep 2
Note: Steps depicted here as for indication purpose. Do refer to your appropriate team/consultant for filing of GST returns generation of challan.
Refer ‘Beneficiary Details’
section on your respective
Challan for making Payment
through NEFT/RTGS
Beneficiary Name
GST
Beneficiary Account No.
CPIN No.* on your challan
Beneficiary IFSC
RBIS0GSTPMT
Amount
As mention in your challan
* CPIN number is uniquely generated for each GST Challan. Make sure you are updating the Beneficiary Account Number for each
Payment initiation at Bank as mentioned in the new GST Challan payment being made.
Step 2 Generate GST Challan
This is only a sample
challan. Please refer your
respective GST challan
for exact details)
Step 3
Make your Payment Online in a similar
fashion that using NEFT/RTGS Option
as used for other payments.
Alternatively you can use our File upload
functionality available (with input in
excel) at no additional charges. Kindly
contact BusinessCare for further details.
Proceed to Initiate NEFT/RTGS Payment
Option 1 - Initiate Payment via
DBS IDEAL
• Single Payment on Front end
with immediately Beneficiary
Addition on the go.
• File Upload Tool - Input in
Excel | Convert | Upload
Option 2 - Initiate via
TALLY & Authorize on
IDEAL
Step 3
Login to DBS IDEAL -
https://ideal.dbs.com
Click on Payments – NEFT
Payment
Select Debit Account
Customer reference: CPIN
(to be used for
reconciliation)
Amount – as per challan
Payment Date
Click Create ‘New
Beneficiary’
Option 1 - Initiate Payment using DBS IDEAL
Note : While you can initiate a future dated payments from IDEAL, do ensure to make payment before GST Payment due date/ challan expiry
Step 3
Provide Beneficiary Details
as per your Challan.
Provide Email for
confirmation of processing
by Bank
Complete details and
‘Submit Payment’ and
Proceed for Approval.
Approve Payment on IDEAL
3.0 website or IDEAL Mobile
App.
Refer Step 4 for further
details & confirmation of
GST Payment
Option 1 - Initiate Payment using DBS IDEAL
Note : For repetitive payment make sure to modify the Beneficiary and update the Account number as per ‘CPIN’ mentioned on that Challan
Step 3
a) Enable GST in TALLY.
Login to Tally – Go to F11
Features. Select ‘Statutory
& Taxation’
b) Create/ Update GST
payment ledger under
head ‘Duties & Taxes’ *
c) Provide Bank Details in
the ledger
Option 2 - Initiate Payment from TALLY
One Time Pre-requisite
* This is only an indicative way of creating the ledger. You my follow your Company’s relevant accounting practice
Step 3
Provide Bank Details in the
ledger
i) Select Payment Mode as
e-Fund Transfer
ii) Update Favouring Name
as : GST
iii) Leave A/c. no as blank*
iii) IFSC Code :
RBIS0GSTPMT
iv) Bank - Select ‘ Not
Applicable’ in the List of
Banks, since the payment is
made to RBI.
Option 2 - Initiate Payment from TALLY
One Time Pre-requisite
* Account number to be updated at the time of payment voucher creation as per details on your GST challan
Step 3
Go to Accounting Voucher
Creation screen.
Select Voucher Type as
‘Stat Payment’
Update Tax Type | Period |
Payment Type -> Enter
Select Bank Account |
Ledger | Amount
Provide GST Details -
Select ‘No’. This is optional
and only for recording
challan details once paid.
Option 2 - Initiate Payment from TALLY
Create Payment Voucher
Step 3
Hit enter to reach the Bank
Allocation screen.
• A/c no. will appear as blank
• Update A/c no. as per
Beneficiary Account no. as
mentioned in GST Challan
• Inst. Date - for making the
Payment. (You can select a
future dated payment as
required)
• Accept Voucher and Txn
will appear in e-Payment
Report under Banking
Option 2 - Initiate Payment from TALLY
Create Payment Voucher
Note : Transaction will automatically be posted as RTGS for INR 2 lacs and above. You can change the payment mode to NEFT in
case required on the screen.
Step 3
Go to Gateway of Tally ->
Banking e-Payments
Voucher will appear under
‘Transaction with
information mismatch’
Choose ‘Accept As Is’ to
update of Account number
during voucher creation
Voucher will now move to
tab ‘Ready for sending to
bank’
Select Voucher and click
on ‘Send to Bank’ &
Approve via DBS IDEAL
Option 2 - Initiate Payment from TALLY
Send Payment to Bank
Step 4
Your account is debited &
Payment is sent to RBI for
credit to your GST Account
You will receive a debit
confirmation as well as on
the A/c statement.
Refer Transaction Reference
/ UTR No quoted on alert/
statement for tracking and
updation.
RBI – GSTIN verify payment
details are correct.
Payment sent to RBI
Note: In case CPIN or Amount are incorrect or challan expired - funds may be returned by RBI and the same will be credited in your
account. In such a case you will need to re-initiate the payment with correct details.
Step 4
a) Receive email from GST
on your registered email
with confirmation of credit
b) Deposit Status of
Challan on GST website is
updated as ‘PAID’.
c) You can download the
‘Tax Payment Receipt’
from GST website
End.
Receive Email | Status on GST
Payment Confirmation received from GST
Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed to parties outside the presentation. DBS
Bank accepts no liability whatsoever with respect to the use of this document or its contents.
Thank You