What is the liability of partners of a partnership firm (Taxable person) to pay outstanding tax?
Question 18
Bill
Demands and Recovery
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 18. What is the liability of partners of a partnership firm (Taxable person) to pay outstanding tax?
\nAns. Partners of any firm shall jointly and severally liable for payment of any tax, interest or penalty. Firm\/ partner shall intimate the retirement of any partner to the Commissioner by a no<\/p>\n
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