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<h1>Central Government Sets Special Tax Payment Procedure for Quarterly Filers Under CGST Act 2017, Effective January 1, 2021.</h1> The notification issued by the Central Government under the Central Goods and Services Tax Act, 2017, outlines a special procedure for registered persons who file quarterly returns to make tax payments. These individuals can pay 35% of their previous quarter's tax liability in the first or second month of the current quarter by depositing the amount in their electronic cash ledger. This procedure is not required if the electronic cash or credit ledger balance covers the tax liability or if there is no tax liability. Eligibility for this procedure requires having filed returns for the complete preceding tax period. The notification takes effect on January 1, 2021.