Section 80 of CGST Act, 2017 : Section 80: Payment Of Tax And Other Amount In Instalments
CGST Act, 2017
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Explanation using Example
Imagine a scenario where Mr. Sharma, who runs a manufacturing business, has accumulated a significant amount of GST liability due to an unexpected downturn in his business. He is unable to pay the entire amount by the due date. Aware of his situation, Mr. Sharma approaches the Commissioner of GST and files an application requesting an extension of time for payment of his GST dues.
The Commissioner reviews his case and, considering Mr. Shar...
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