Successor liability for tax, interest and penalty continues after death, dissolution, partition or trust termination under GST rules. Special provisions impose successor liability for tax, interest and penalty where the liable person ceases business: on death, continuation by a legal representative or other person creates liability, or if discontinued the legal representative is liable out of the estate; on partition of an HUF/association members are jointly and severally liable up to partition; on firm dissolution former partners are jointly and severally liable up to dissolution; and on termination of guardianship or trust the ward or beneficiary is liable up to termination. All provisions are subject to the insolvency save provision.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Successor liability for tax, interest and penalty continues after death, dissolution, partition or trust termination under GST rules.
Special provisions impose successor liability for tax, interest and penalty where the liable person ceases business: on death, continuation by a legal representative or other person creates liability, or if discontinued the legal representative is liable out of the estate; on partition of an HUF/association members are jointly and severally liable up to partition; on firm dissolution former partners are jointly and severally liable up to dissolution; and on termination of guardianship or trust the ward or beneficiary is liable up to termination. All provisions are subject to the insolvency save provision.
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