Payment instalments: Commissioner may permit deferred tax payment in monthly instalments, subject to interest and eligibility conditions. An applicant may seek deferred payment or payment in monthly instalments by filing FORM GST DRC-20; the Commissioner will obtain a financial ability report from the jurisdictional officer and, if satisfied, may pass an order in FORM GST DRC-21 allowing further time or monthly instalments subject to interest and prescribed conditions. Default of any instalment makes the entire outstanding balance immediately payable and liable for recovery. The facility is barred where recovery proceedings exist, where prior instalments were already granted in the preceding year, or where the claimed amount is below the prescribed threshold.
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.
Payment instalments: Commissioner may permit deferred tax payment in monthly instalments, subject to interest and eligibility conditions.
An applicant may seek deferred payment or payment in monthly instalments by filing FORM GST DRC-20; the Commissioner will obtain a financial ability report from the jurisdictional officer and, if satisfied, may pass an order in FORM GST DRC-21 allowing further time or monthly instalments subject to interest and prescribed conditions. Default of any instalment makes the entire outstanding balance immediately payable and liable for recovery. The facility is barred where recovery proceedings exist, where prior instalments were already granted in the preceding year, or where the claimed amount is below the prescribed threshold.
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