Jul 04, 2024
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Whether time limit for payment of tax can be extended or paid in monthly installments?
No, this is not permitted in case of self-assessed liability. In other cases, competent authority has been empowered to extend the time period or allow payment in instalments. (Section 80 of the CGST/SGST Act).
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time-limitsection-80-of-the-cgst-sgst-actpayment-of-taxinstalments