Category: Indirect Tax

Section 93 – Special provisions regarding liability to pay tax, interest or penalty in certain cases of CGST ACT, 2017 93. (1) Save as otherwise provided in the Insolvency and Bankruptcy Code, 2016, where a person, liable to pay tax, interest or penalty under this Act, dies, then–– (a) if a business carried on by … Continue reading “Section 93 – Special provisions regarding liability to pay tax, interest or penalty in certain cases of CGST ACT, 2017”

Section 92 – Liability of Court of Wards, etc of CGST ACT, 2017 92. Where the estate or any portion of the estate of a taxable person owning a business in respect of which any tax, interest or penalty is payable under this Act is under the control of the Court of Wards, the Administrator … Continue reading “Section 92 – Liability of Court of Wards, etc of CGST ACT, 2017”

Section 91 – Liability of guardians, trustees, etc of CGST ACT, 2017 91. Where the business in respect of which any tax, interest or penalty is payable under this Act is carried on by any guardian, trustee or agent of a minor or other incapacitated person on behalf of and for the benefit of such … Continue reading “Section 91 – Liability of guardians, trustees, etc of CGST ACT, 2017”

Section 90 – Liability of partners of firm to pay tax of CGST ACT, 2017 90. Notwithstanding any contract to the contrary and any other law for the time being in force, where any firm is liable to pay any tax, interest or penalty under this Act, the firm and each of the partners of … Continue reading “Section 90 – Liability of partners of firm to pay tax of CGST ACT, 2017”

Section 89 – Liability of directors of private company of CGST ACT, 2017 89. (1) Notwithstanding anything contained in the Companies Act, 2013, where any tax, interest or penalty due from a private company in respect of any supply of goods or services or both for any period cannot be recovered, then, every person who … Continue reading “Section 89 – Liability of directors of private company of CGST ACT, 2017”

Section 88 – Liability in case of company in liquidation of CGST ACT, 2017 88. (1) When any company is being wound up whether under the orders of a court or Tribunal or otherwise, every person appointed as receiver of any assets of a company (hereafter in this section referred to as the “liquidator”), shall, … Continue reading “Section 88 – Liability in case of company in liquidation of CGST ACT, 2017”

Section 87 – Liability in case of amalgamation or merger of companies of CGST ACT, 2017 87. (1) When two or more companies are amalgamated or merged in pursuance of an order of court or of Tribunal or otherwise and the order is to take effect from a date earlier to the date of the … Continue reading “Section 87 – Liability in case of amalgamation or merger of companies of CGST ACT, 2017”

Section 86 – Liability of agent and principal of CGST ACT, 2017 86. Where an agent supplies or receives any taxable goods on behalf of his principal, such agent and his principal shall, jointly and severally, be liable to pay the tax payable on such goods under this Act.

Section 85 – Liability in case of transfer of business of CGST ACT, 2017 85. (1) Where a taxable person, liable to pay tax under this Act, transfers his business in whole or in part, by sale, gift, lease, leave and license, hire or in any other manner whatsoever, the taxable person and the person … Continue reading “Section 85 – Liability in case of transfer of business of CGST ACT, 2017”

Section 84 – Continuation and validation of certain recovery proceedings of CGST ACT, 2017 84. Where any notice of demand in respect of any tax, penalty, interest or any other amount payable under this Act, (hereafter in this section referred to as “Government dues”), is served upon any taxable person or any other person and … Continue reading “Section 84 – Continuation and validation of certain recovery proceedings of CGST ACT, 2017”