Payment of GST & other Amounts in Installments- 5 FAQs

• December 11, 2020
• CA Chandan Agarwal's Office

Section 80 of the CGST Act, 2017 read with Rule 158 of the CGST Rules, 2017 governs the provisions for Payment of tax and other amounts in installments.

Following aspects are dealt in the form of questions and their answers.

Q 1. Who is allowed to make payment of tax and other amount in installments?

Answer. All Taxable persons other than (a) the taxable person who has already defaulted on the payment of any amount under the Act or the IGST Act, 2017 or UTGST Act, 2017 or any SGST Act, 2017, for which the recovery process is on; (b) the taxable person has not been allowed to make payment in installments in the preceding financial year under the Act or the Integrated Goods and Services Tax Act, 2017 or the Union Territory Goods and Services Tax Act, 2017 or any of the State Goods and Services Tax Act, 2017;

Read more on: https://taxguru.in/goods-and-service-tax/payment-gst-amounts-installments-5-faqs.html