Agent and principal liability: agent and principal are jointly and severally responsible for tax on taxable goods supplied or received. Where an agent supplies or receives taxable goods on behalf of a principal, both agent and principal bear joint and several liability for the tax payable ... Summary
Agent and principal liability: agent and principal are jointly and severally responsible for tax on taxable goods supplied or received.
Where an agent supplies or receives taxable goods on behalf of a principal, both agent and principal bear joint and several liability for the tax payable on those goods under the GST enactment, making each concurrently responsible for the tax payment obligation arising from such agency transactions.
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