GST Liability – Payment In Installments

It is held by the honourable Kerala High Court that the petitioner, who is an assessee under the GST Act, is not disputing his liability to tax, or the quantum thereof, for the period in question. It only seeks an installment facility to pay the admitted tax, together with interest thereon, in view of the financial difficulties faced by it during the Covid pandemic situation, when its business has come to a total standstill.

from TaxGuru https://ift.tt/3hzNrs1
via gqrds

Comments

Popular posts from this blog

GST ON TOUR OPERATORS AND AIR TRAVEL AGENTS

Consequences of incorrect invoice details uploaded while filing GSTR 1

Compliance Manual for F.Y.2019-20 (A.Y. 2020-21)