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    <title>Collection and recovery of commodities transaction tax</title>
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    <description>Every recognised association must collect commodities transaction tax from the seller at the rate specified in section 107 and pay the tax collected for any calendar month to the Central Government by the seventh day of the following month; if the association fails to collect the tax it remains liable to remit the tax under the same monthly payment requirement.</description>
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      <description>Every recognised association must collect commodities transaction tax from the seller at the rate specified in section 107 and pay the tax collected for any calendar month to the Central Government by the seventh day of the following month; if the association fails to collect the tax it remains liable to remit the tax under the same monthly payment requirement.</description>
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