Payment of tax and other amounts in instalments under GST Mock Test
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Payment of tax and other amounts in instalments under GST Mock Test. On an application filed by a taxable person, the Commissioner may, for reasons to be recorded in writing, extend the time for payment or allow payment of any amount due under this Act, other than the amount due as per the liability self-assessed in any return, by such person in monthly instalments not exceeding twenty four, subject to payment of interest under section 50 and subject to such conditions and limitations as may be prescribed. Here CAknowledge team provide GST Mock Test for all chapters.
This paper has 10 questions.
Time allowed is 10 minutes.
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Question 1 of 3
The following amounts due cannot be paid through installments,Correct
Question 2 of 3
Maximum number of monthly installments permissible under section 80 is:Correct
Question 3 of 3
Which officer/s has the power to grant permission for payment of tax through