Provisional attachment protects government revenue during GST recovery proceedings; attaches taxpayer property including bank accounts temporarily. Provisional attachment empowers the Commissioner to secure government revenue by ordering the provisional attachment of a taxable person's property, ... Summary
Provisional attachment protects government revenue during GST recovery proceedings; attaches taxpayer property including bank accounts temporarily.
Provisional attachment empowers the Commissioner to secure government revenue by ordering the provisional attachment of a taxable person's property, including bank accounts, while specified GST recovery proceedings are pending; such an attachment must be by written order, in the prescribed manner, and ceases to have effect after one year from the date of the order.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.