https://www.taxtmi.com/acts?id=25886 Directors of a private company are jointly and severally liable for unrecovered GST tax, interest or penalty for supplies during their directorship, unless they demonstrate that non-recovery was not due to gross neglect, misfeasance or breach of duty; on conversion to a public company the general director liability for prior unrecovered amounts does not apply to former private-company directors, though personal penalties on directors remain preserved. en-us Sat, 17 Jun 2017 12:00:11 +0530 Fri, 28 Jul 2017 18:42:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25886 Directors of a private company are jointly and severally liable for unrecovered GST tax, interest or penalty for supplies during their directorship, unless they demonstrate that non-recovery was not due to gross neglect, misfeasance or breach of duty; on conversion to a public company the general director liability for prior unrecovered amounts does not apply to former private-company directors, though personal penalties on directors remain preserved. Act-Rules GST - States Sat, 17 Jun 2017 12:00:11 +0530 https://www.taxtmi.com/acts?id=25886