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 (2nd Edition) Dated 31.3.2017
Q 10. What happens if a person collects tax from another person but does not deposit the same with Government?
Ans. It is mandatory to pay amount, collected from other person representing tax under this act, to the government. For any such amount not so paid, proper officer may issue SCN for rec
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