Payment instalments: Commissioner may allow deferred GST payment in monthly instalments subject to interest and conditions. The Commissioner may, for reasons recorded in writing, allow payment of any amount due under the Act by a taxable person in monthly instalments not ... Summary
Payment instalments: Commissioner may allow deferred GST payment in monthly instalments subject to interest and conditions.
The Commissioner may, for reasons recorded in writing, allow payment of any amount due under the Act by a taxable person in monthly instalments not exceeding twenty four, excluding self assessed return liabilities, subject to interest under section 50 and prescribed conditions; default of any instalment makes the whole outstanding balance immediately due and liable to recovery without further notice.
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