GST Paid Emi basis

173 views
User Avatar

Accounts
528 Points Posted on 04 April 2021
my tax liability is 10 lakh
can i pay liability on emi basis?
0 Reply Share Follow
On 04 April 2021 at 17:01 Report
Replies (2)
Quick Summary
Currently, there is no provision within the Goods and Services Tax (GST) framework that allows taxpayers to pay their tax liability on an EMI basis. This applies specifically when paying tax based on GSTR 3B submissions. As of now, the GST law does not offer any facility for instalment payments of tax dues.

User Avatar

1388 Points Posted on 04 April 2021
No, there is no provision on emi , if tax liability you are the paying on the basis of gstr 3b
Reply
On 04 April 2021 at 17:39
User Avatar

Chartered Accountant
86505 Points Posted on 04 April 2021
There is no such provision in GST till now.
Reply
On 04 April 2021 at 18:00

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Company data for software
  2. Car purchase to be eligible for ITC
  3. GST Refund on payment to builder
  4. TDS u/s 194Q on electricity supply by DHBVN etc.
  5. Subject: Can I Apply for Fresh GST Registration on
  6. Additional place in GST RC
  7. Company 3 months old, INC-20A not filed, all 3 of
  8. How do I choose the Best GST Lawyers in New Delhi
  9. Loss on sale of residential flat after indexing al
  10. Short Deduction

More recent discussions | Post

Related Topics :

Loading