Collected tax default: issue notice, observe natural justice, then issue order within prescribed period; show cause may follow later. Failure to deposit tax collected requires a notice, observance of natural justice, and then an order; the order must be issued within a prescribed one ... Summary
Collected tax default: issue notice, observe natural justice, then issue order within prescribed period; show cause may follow later.
Failure to deposit tax collected requires a notice, observance of natural justice, and then an order; the order must be issued within a prescribed one year period from the date of the notice, while issuance of a show cause notice has no time limit and recovery may follow after an extended interval.
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