Payment of GST and other amounts in Installments (Happy gst series14) by CA Rajender Arora
Section 80 of the CGST Act, 2017 read with Rule 158 of the CGST Rules, 2017 governs
the provisions for Payment of tax and other amounts in installments.
1. Who is allowed to make payment of tax and other amount in installments?
All Taxable persons other than
(a) the taxable person has already defaulted on the payment of any amount under
the Act or the IGST Act, 2017 or UTGST Act, 2017 or any SGST Act, 2017, for
which the recovery process is on;
(b) the taxable person has not been allowed to make payment in installments in
the preceding financial year under the Act or the Integrated Goods and Services
Tax Act, 2017 or the Union Territory Goods and Services Tax Act, 2017 or any
of the State Goods and Services Tax Act, 2017;
2. What are the components for which payment in installments is allowed?
Payments other than the amount due as per the liability self-assessed in any return
are allowed to be paid in installments.
3. What is the process for payment of tax and other amount in installments?
4. What is the maximum time allowed to make payment of tax and other amount in
installments?
Monthly installments not exceeding twenty four are allowed along with interest u/s 50
of the Act.
5. What are the consequences if a person defaults in paying installments?
Where there is default in payment of any one installment on its due date, the whole
outstanding balance payable on such date shall become due and payable forthwith
and shall, without any further notice being served on the person, be liable for
recovery.
