TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Failure to Remit Collected Tax Leads to Penalty Under Goa GST Act 2017; Includes Interest and Potential Refunds.</h1> Under the Goa Goods and Services Tax Act, 2017, any person who collects tax but fails to remit it to the government must immediately pay the collected amount, regardless of the taxability of the related supplies. If unpaid, a proper officer can issue a notice demanding payment and imposing a penalty equal to the unpaid amount. The individual must pay the determined amount with interest from the collection date until payment. A hearing is granted upon request, and the officer must issue an order within one year, excluding any stay period. Excess payments can be adjusted or refunded per Section 54.
TaxTMI 
