Corporate liability extends to persons in charge and officers for GST offences, subject to a due diligence defence. Where an offence under the Himachal Pradesh GST Act is attributable to a company, the company and every person in charge and responsible for its business at the time are deemed guilty and liable to proceedings; persons whose consent, connivance or negligence caused the offence, including directors, managers, secretaries and other officers, are likewise liable. Parallel deeming applies to partners, karta or managing trustees for firms, LLPs, HUFs and trusts, subject to a defence if the person proves lack of knowledge or that all due diligence was exercised. Definitions treat company as including firms and director as partner.
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.
Corporate liability extends to persons in charge and officers for GST offences, subject to a due diligence defence.
Where an offence under the Himachal Pradesh GST Act is attributable to a company, the company and every person in charge and responsible for its business at the time are deemed guilty and liable to proceedings; persons whose consent, connivance or negligence caused the offence, including directors, managers, secretaries and other officers, are likewise liable. Parallel deeming applies to partners, karta or managing trustees for firms, LLPs, HUFs and trusts, subject to a defence if the person proves lack of knowledge or that all due diligence was exercised. Definitions treat company as including firms and director as partner.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
