ॐ असतो मा सद्गमय
Yes. On receipt of application filed by a taxable person in Form GST DRC-20, the Commissioner, after recording reasons in writing, shall issue an order in Form GST DRC-21 extending the time for payment or allowing payment of any amount due under the Act in monthly installments not exceeding 24, subject to payment of interest under section 50 with such restrictions and conditions as may be prescribed.
(ICAI FAQ PUBLICATIONS 06-09-2017 Payment of tax and other amount in installments: FAQ NO. 49)
Commissioner may either extend the time limit for payment of tax or allow the taxpayer to make the payment of tax in installments.
(ICAI FAQ PUBLICATIONS 06-09-2017 Payment of tax and other amount in installments: FAQ NO. 48)
Yes. During the course of recovery of tax arrears, the proper officer of the Central tax may recover such amount from a taxable person as if were an arrear of Central tax and credit the amount so recovered to the account of the Government.
(ICAI FAQ PUBLICATIONS 06-09-2017 Recovery of tax: FAQ NO. 47)
Yes. During the course of recovery of tax arrears, the proper officer of the State tax or Union Territory tax may recover such amount from a taxable person as if were an arrear of State tax or Union Territory tax and credit the amount so recovered to the account of the Government.
(ICAI FAQ PUBLICATIONS 06-09-2017 Recovery of tax: FAQ NO. 45)
Yes. Proper officer may issue notice to post office, banking company or any insurer and they are required to comply with the same without insisting on production of any passbook, deposit receipt, policy or any other document.
(ICAI FAQ PUBLICATIONS 06-09-2017 Recovery of tax: FAQ NO. 44)
The following options are available to the proper officer:
(a) The proper officer may deduct or may require any other specified officer in Form GST DRC-09 to deduct the amount so payable from any money owing to such person – Refund adjustment.
(b) The proper officer may recover or may require any other specified officer to recover the amount so payable by detaining and selling any goods belonging to such person –Detaining and selling of goods. (c) The proper officer may, by a notice in Form GST DRC-13, require any other
person from whom money is due or may become due to such person or who
holds or may subsequently hold money for or on account of such person, to pay to the credit of the Central or a State Government – Recovery from third parties.
(d) The proper officer may, on an authorization by the competent authority, distrain any movable or immovable property belonging to or under the control of such person, and detain the same until the amount payable is paid; if the due remains unpaid for a period of thirty days after any such distress, he may cause the said property to be sold and with the proceeds of such sale, may satisfy the amount payable and the costs including cost of sale remaining unpaid and pay the surplus amount, if any, to such person – Detaining / attachment of movable or immovable property and adjustment of tax dues from sale proceeds.
(e) The proper officer may prepare a certificate signed by him specifying the amount due from such person and send it to the Collector of the district in which such person owns any property or resides or carries on his business and on receipt of such certificate, the Collector shall proceed to recover from such person the amount specified as if it were an arrear of land revenue – Recovery of tax dues as arrears of land revenue.
(ICAI FAQ PUBLICATIONS 06-09-2017 Recovery of tax: FAQ NO. 43)
Yes. If it is expedient in the interest of the revenue, the proper officer, after recording reasons in writing, may require taxable person to make such payment within shorter period as may be prescribed by him.
(ICAI FAQ PUBLICATIONS 06-09-2017 Initiation of recovery proceedings : FAQ NO. 42)
The proper officer shall initiate recovery proceedings if the tax demand is not paid within 3 months from the date of service of the order.
(ICAI FAQ PUBLICATIONS 06-09-2017 Initiation of recovery proceedings : FAQ NO. 41)
Yes. The demand shall be payable by the taxable person within a period of 3 months from the date of service of the order.
(ICAI FAQ PUBLICATIONS 06-09-2017 Initiation of recovery proceedings : FAQ NO. 40)
No. A registered person shall not be required to pay any interest on the amount of IGST payable.
(ICAI FAQ PUBLICATIONS 06-09-2017 Tax wrongfully collected and paid to Central Government or State Government: FAQ NO. 39)