Whether time limit for payment of tax can be extended or paid in monthly installments?
Question 7
Bill
GST Payment of Tax
Faq On GST (2nd Edition) Dated 31.3.2017
Q 7. Whether time limit for payment of tax can be extended or paid in monthly installments?
\nAns. No, this is not permitted in case of self-assessed liability. In other cases, competent authority has been empowered to extend the time period or allow payment in instalments. (Section 80 of the CGST\/SGST Act).
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