https://www.taxtmi.com/acts?id=25864 Section 76 requires any person who collected tax amounts but failed to remit them to immediately pay those amounts to the Government regardless of supply taxability. The proper officer may serve a show cause notice for payment and proposed penalty, determine the amount due after representations, and require payment; interest under section 50 accrues from collection until payment. Payments are adjustable against the person's tax liability for the related supplies, and any surplus is credited to the Fund or refunded to the person who bore the incidence. en-us Sat, 17 Jun 2017 11:54:40 +0530 Fri, 28 Jul 2017 18:03:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25864 Section 76 requires any person who collected tax amounts but failed to remit them to immediately pay those amounts to the Government regardless of supply taxability. The proper officer may serve a show cause notice for payment and proposed penalty, determine the amount due after representations, and require payment; interest under section 50 accrues from collection until payment. Payments are adjustable against the person's tax liability for the related supplies, and any surplus is credited to the Fund or refunded to the person who bore the incidence. Act-Rules GST - States Sat, 17 Jun 2017 11:54:40 +0530 https://www.taxtmi.com/acts?id=25864