FORM GST DRC - 20 is an application form that can be filed by any taxpayer to apply for one of the following two options available to them in case they cannot pay the entire amount due under the GST Act in one go:
You can file FORM GST DRC - 20 when Demand is pending for recovery under GST Act against you and you wish to apply for deferred payment or payment in instalments of amount due under the GST Act.
No, application for deferred payment using FORM GST DRC - 20 cannot be filed against return related demands. You can file application for deferred payment using FORM GST DRC - 20 for other than return related demands, which are posted in Liability Register Part-B.
Only one “Application for Payment in Instalments” can be submitted against a particular Demand ID.
Yes. Maximum no of Installment allowed is 24.
Interest is calculated considering the following points:
Once you have filed FORM GST DRC - 20, following actions will take place on the GST Portal:
Once the officer has processed an application for deferred/payment in Instalments, following actions will take place on the GST Portal:
In case there is any default in payment of any one installment on its due date, the whole outstanding balance payable on such date will become due and payable forthwith, and will be liable for recovery without any further notice to the Taxpayer.
On the GST Portal, during the processing of applications for deferred payment or payment in instalments, the ARN/Case ID may undergo following Status changes: