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20 Banks now Accept GST payments because to the addition of a new Federal Bank to the GSTN.
A dealer who has registered for GST can generate a GST Challan on the GST Portal to pay tax, fees, penalties, interest, and other amounts. The payment methods include OTC, NEFT, RTGS, and Net banking.
An authorised bank is a bank or a branch of a bank that has received government approval to collect tax or any other amount due in accordance with the GST Act. At the present, 20 banks are authorized to collect indirect taxes.
Here is the list of all the Authorised Banks – Payment of GST challan via OTC & Net Banking.
- IDBI Bank
- Jammu and Kashmir Bank Limited
- Bank of Baroda
- UCO Bank
- Union Bank of India
- Central Bank of India
- Bank of India
- Indian Bank
- HDFC Bank
- Indian Overseas Bank
- Axis Bank
- Punjab National Bank
- State Bank of India
- Bank of Maharashtra
- Canara Bank
- Federal Bank
- Karur Vysya Bank
- Kotak Mahindra Bank Limited
- ICICI Bank Limited
- Punjab and Sind Bank
GSTN issue Advice related to GST Payment via UPI & Credit or Debit Cards.
Goods and Services Tax Network issue Advice related to GST Payment via UPI & Credit/Debit Cards. In addition to net-banking, two additional payment options have been made available under e-payment to let taxpayers enrolled under GST have more ways to make payments. Cards and the Unified Payments Interface (UPI) are the 2 new payment mechanisms/ system. The card facilities consist of Mastercard, Visa, RuPay, Diners (CC only), and Credit Cards (CC and DC) issued by any Indian bank. You may visit for more details on this link to view the entire advise.
GST Rule 10A - Furnishing of Bank Account Details.
From Sept. 1, 2024, Rule 10A requires taxpayers to provide valid bank account details as part of their Goods and Services Tax registration. Non-compliance will prevent filing of GSTR-1 and use of the Invoice Furnishing Facility.
