Functions of RBI (e kuber) under GST Tax payments

 


e-Kuber (Core Banking System) of RBI:

 

 

What is Goods and Service Tax (GST)

GST, frequently asked Questions

 

Functions of RBI (e kuber) under GST Tax paymentsThe following functions will be performed by RBI (e-Kuber):

 

a) RBI will consolidate luggage files received from all authorized banks, debit their accounts and correspondingly credit the CGST, IGST and Additional Tax accounts of Government of India and SGST accounts of each State/UT Government maintained in RBI(39 accounts);

 

b) RBI would send consolidated, digitally signed e-scrolls, along with all the challan details, for each type of Tax (one each for CGST, IGST and Additional Tax for Government of India, and separate e-scrolls of SGST for each State/UT Governments) per day (including NIL payment day) after including the amount collected by it in Mode – III to Accounting Authority of Centre (e-PAO) / each State (e-Treasury) and GSTN simultaneously. Daily Major head account-wise scroll from RBI will consist of following information:-

 

(i) Merchant Code given to GSTN;

 

(ii) Scroll Number and Date;

 

(iii) Name of Government to which the scroll pertains;

 

(iv) CIN;

 

(v) GSTIN;

 

(vi) BRN;

 

(vii) RBI Transaction Number;

 

(viii) Mode of payment;

 

(ix) Tax amount;

 

(x) Control parameters like total transaction, Total Amount in the scroll, etc.

 

c) If any discrepancy is reported by Accounting Authority or GSTN, it would carry out the correction mechanism with the authorized bank and thereafter report the corrected data to respective Accounting Authority and GSTN.

 

d) RBI will consolidate Datewise Monthly Statements (DMS) received from the banks for each tax and government, validate the consolidated statements (39) with reference to its own data of e-scrolls reported during the report month, have a systemic review of unresolved discrepancies and communicate the statements to the respective accounting authorities within 3 days from end of the report month.

 

Central Accounts Section (CAS) of Reserve Bank of India, Nagpur:

 

CAS, Nagpur reports daily consolidated credits and debits to each Government and Accounting Authorities. Such daily statements cover all receipts and payments for the respective governments including inter-government transactions. GST credits will be one of the items reported by CAS, Nagpur in its daily statements. The scroll number mentioned in para 28 (b) (ii) above should be the credit identifier in the daily statements.

 

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Comments


SARFRAZ KHAN: DEAR SIR, I have gst tax for the month of september 2017. I have wrong tax depoist in intrest colum please help my firm name 'GAURAV ENTERPRISES'

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