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<h1>Taxpayers can seek extension or installment plans for payments under Section 55, excluding self-assessed liabilities. Conditions apply.</h1> Section 55 of the Model GST Law allows a taxable person to apply for an extension or installment plan for tax payments, excluding self-assessed liabilities. The Commissioner or Chief Commissioner can approve monthly installments, up to 24 months, with interest as per section 36, and subject to prescribed conditions. If any installment is not paid by its due date, the entire outstanding balance becomes immediately due and payable, without further notice, and is subject to recovery actions.