Which of the following statements regarding GST instalments is incorrect?

A)GST instalment payments are due on Mar 15, June 15, September 15 and December 15

B)An annual filer will have to make instalments if the amount owing for the previous year was $3,000 or higher

C)Interest will be assessed on late or deficient instalments

D)Instalment payments are not required for monthly or quarterly filers