Interest on belated deposit of admitted tax in instalment u/s 80 ...

GST

May 27, 2022

Interest on belated deposit of admitted tax in instalment u/s 80 read with Rule 158 - the Commissioner is not conferred with power to allow such instalment in respect of amount due as per self-assessment return(s) furnished. Section 80 empowers the Commissioner to grant permission only to the taxable person to make payment of any amount due on instalment basis, on an application filed electronically in Form GST DRC-20 as prescribed under Rule 158. - Demand of interest confirmed - HC

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Interest on belated deposit of admitted tax in instalment u/s 80 ...

GST

May 27, 2022

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