What happens if a person collects tax from another person but does not deposit the same with Government?
Question 10
Bill
Demands and Recovery
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 10. What happens if a person collects tax from another person but does not deposit the same with Government?
Ans. As per Section 52 of MGL, every person who has collected from any other person any amount as representing the tax under this Act, shall deposit the said amount to the cred
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