Joint and several liability: partners and firm remain responsible for GST tax liabilities, with retirement notice conditions. Partners and firm are jointly and severally liable for any tax, interest or penalty under the Act. A retiring partner remains liable for liabilities up to the retirement date unless the firm or partner gives written notice of retirement to the Commissioner; failure to give such notice within one month keeps the retiring partner liable until the Commissioner receives the intimation.
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.
Joint and several liability: partners and firm remain responsible for GST tax liabilities, with retirement notice conditions.
Partners and firm are jointly and severally liable for any tax, interest or penalty under the Act. A retiring partner remains liable for liabilities up to the retirement date unless the firm or partner gives written notice of retirement to the Commissioner; failure to give such notice within one month keeps the retiring partner liable until the Commissioner receives the intimation.
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