Successor liability for GST obligations persists where business continuity, partition, dissolution or termination transfers tax responsibility. Section 93 imposes successor and representative liability for tax, interest and penalty: successors continuing a business after the taxpayer's death are liable; legal representatives are liable out of the estate where the business is discontinued; members on partition of an HUF or association, former partners on firm dissolution, and wards or beneficiaries on termination of guardianship or trust are jointly and severally liable for obligations up to the time of partition, dissolution or termination. Each rule is subject to the Insolvency and Bankruptcy Code exception.
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 GST obligations persists where business continuity, partition, dissolution or termination transfers tax responsibility.
Section 93 imposes successor and representative liability for tax, interest and penalty: successors continuing a business after the taxpayer's death are liable; legal representatives are liable out of the estate where the business is discontinued; members on partition of an HUF or association, former partners on firm dissolution, and wards or beneficiaries on termination of guardianship or trust are jointly and severally liable for obligations up to the time of partition, dissolution or termination. Each rule is subject to the Insolvency and Bankruptcy Code exception.
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