GST instalment payments require financial review, commissioner approval, and are barred in cases of default or low amounts. Payment of tax or other amounts under the GST law may be sought in extended time or instalments by a taxable person making an electronic application in FORM GST DRC-20 under section 80. The Commissioner must obtain a report from the jurisdictional officer on the taxable person's financial ability and, after considering the request and report, may allow further time or monthly instalments up to twenty-four in FORM GST DRC-21. The instalment facility is unavailable where there is an existing default under GST recovery proceedings, where instalments were not allowed in the preceding financial year, or where the amount is below twenty-five thousand rupees.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST instalment payments require financial review, commissioner approval, and are barred in cases of default or low amounts.
Payment of tax or other amounts under the GST law may be sought in extended time or instalments by a taxable person making an electronic application in FORM GST DRC-20 under section 80. The Commissioner must obtain a report from the jurisdictional officer on the taxable person's financial ability and, after considering the request and report, may allow further time or monthly instalments up to twenty-four in FORM GST DRC-21. The instalment facility is unavailable where there is an existing default under GST recovery proceedings, where instalments were not allowed in the preceding financial year, or where the amount is below twenty-five thousand rupees.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
