GSTN New Functionality: Taxpayers can now apply for Payment of Dues in Installments

GSTN Glitches - Taxscan

The Goods and Services Tax Network ( GSTN ) has updated a new functionality enabling the taxpayers to apply for payment of GST arrears in installments.

“Application for payment of dues in installments has been enabled on the GST Portal for the taxpayers,” the official twitter handle of the GSTN tweeted.

Section 80 of the Central Goods and Services Tax (CGST) Act, 2017 allows payment of tax and other amount in instalments subject to a condition that 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.

Recently, a two-judge bench of the Gujarat High Court has allowed the payment of GST Arrears in ten installments. The division bench comprising of Justice Akil Kureshi and Justice b N Karia directed the petitioners M/s Indus Projects Ltd, to pay the tax dues of Rs. 3.85 crores in installments by paying 20% amount initially and five percent of the remaining amount between the 1st and 5th day of every month.

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