If the taxpayer cannot pay all the GST dues (tax/interest/penalty) in a lump sum or within the stipulated date, then he can file an application to the Commissioner requesting to pay in installments.

The Commissioner can extend the due date for payment or allow the taxpayer to pay in installments. The reasons for accepting/rejection of such application have to be provided in writing. When paying in installments, the taxpayer has to remember that:

• Installments are payable every month
• Only a maximum 24 installments are allowed – i.e., the time of payment can be extended for maximum 2 years
• Interest @18% must be paid along with the installment

All installments must be paid on time. A single default will cause the installments to cease and the entire outstanding balance will become due on that date. Notice will NOT be issued for this.