GST collection Banks


What is GST?

GST, Frequently Asked Questions



At present Central Government and each State Finance Department prescribes banking arrangements for collection of government taxes. At present, Central and State governments utilize the services of Public Sector Banks/ Other Public Sector Banks (IDBI)/ Private Sector Banks (ICICI Bank, Axis Bank, HDFC Bank) for tax collection. The committee was informed that Non-Scheduled and Cooperative banks operating in State(s) are not permitted to collect taxes.

The list of all authorized banks participating in the GSTN should be common across all states. This can be a super set consisting of existing authorized banks of the Central Government and all State Governments and Union Territories. A list of banks that have been presently authorized either by the Centre or State Tax Authorities has been provided by RBI and the same is enclosed as Annexure-VI. It is recommended that all these banks may be considered for authorization in the GST regime in consultation with the Department of Financial Services.


Only those banks should be accredited who refine their IT systems to handle GST remittances in a seamless manner obviating need for manual intervention for data entry, funds flow and exchange of data.

It is also noted that a participating bank in the current context has limited mandate for tax receipts as compared to that of an authorized bank. The mandate of participating banks, though essentially agents of RBI, is limited to acceptance of tax receipts through internet banking mode only. Whereas, authorized banks have a broader mandate of accepting government receipts through both internet banking mode and physical mode (OTC) of Cash, DD and Cheques, in addition to mandate of making government payments. In order to give a broader choice to the tax payers, and hence to enhance ease of doing business, it is recommended that the participating banks can also be allowed to accept GST receipts through OTC mode envisaged in this report.

Out of the superset of existing authorized banks and participating banks only those banks should be authorized to accept GST receipts who meet the minimum requirements suggested below. The objective of these minimum requirements is to ensure that a bank has the capability to handle GST receipts in a seamless manner in a consistent and error free manner underpinned by a robust IT system with no process flow discontinuities.


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Communication between GSTN and RBI on GST tax reciepts

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How to reduce errors in GST payments by IT system of authorized banks

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Reconciliation by GSTN on GST Tax collection

Process of BRN,CIN,CPIN by RBI and Government on GST fund transfer

Fundamental changes GST from existing Tax System

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Details of Challan for GST Tax payment

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Failure of matching CPIN under GST tax payments

Pooled GST account under GST tax payment

Validity of CPIN in GST Tax payments

CPIN and Account name under GST tax payment

Procedures of GST tax accepting bank

Co-ordination of GSTN with RBI on GST payments

The details of NEFT or RTGS form for GST payment

How to pay GST through NEFT RTGS

GST Payment through NEFT/RTGS from any bank (including other than authorized banks)

Functions of Branch of Authorized bank under GST Tax collection

Functions of Branch of Authorized bank under GST Tax collection

Mechanism of GST payment between GSTN and bank

GST payments of Cheque or DD from another bank

GST payment by Cash and same bank Cheque or DD

Validity period of Challan under GST tax payments

How many copies of challans for GST tax payment?

How does Bank work on GST tax payment?

How to pay GST tax through Bank?

Cash, Cheques or DD payment under GST, Goods and Service Tax

OTC system in GST tax payments

GST tax payment through Bank counter

Functions of Pr.CCA,CBEC AND AG of the States under GST Payments

e-PAOs of Centre and e-Treasuries of State Governments under GST

Functions of RBI (e kuber) under GST Tax payments

Functions of e FPBs of Banks in GST tax payments

Functions of GSTN under mode of payment of GST

Procedures of GST payment through Internet Banking

GST payment through Internet Banking

How does e-payment of GST work?

Modes of GST payment

How to fill GST tax challan online?

Is Commissionerate,division or range of jurisdiction mentioned in GST challan?

Process involved in e-payment of GST

Stakeholders involved in GST e-payments

GST tax payment through internet banking, debit card, credit card and authorized banks

e-Kuber System payment for GST

Modes of payment for GST payments

Features of GST payment process system

Types of Challan in GST payments


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