https://www.taxtmi.com/acts?id=30246 Persons who collect tax but do not remit it are immediately liable to pay the collected amount to the Government; the proper officer may issue a show cause notice seeking payment and proposing a penalty equivalent to the amount. After considering representations the officer determines the amount due; interest accrues from collection until payment. A requested hearing must be granted and a reasoned order issued within one year, excluding periods of judicial stay. Amounts paid are adjusted against tax payable and any surplus is credited to the Fund or refunded to the person who bore the incidence under the Act's refund provisions. en-us Mon, 10 Jul 2017 10:14:39 +0530 Tue, 18 Jul 2017 14:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30246 Persons who collect tax but do not remit it are immediately liable to pay the collected amount to the Government; the proper officer may issue a show cause notice seeking payment and proposing a penalty equivalent to the amount. After considering representations the officer determines the amount due; interest accrues from collection until payment. A requested hearing must be granted and a reasoned order issued within one year, excluding periods of judicial stay. Amounts paid are adjusted against tax payable and any surplus is credited to the Fund or refunded to the person who bore the incidence under the Act's refund provisions. Act-Rules GST - States Mon, 10 Jul 2017 10:14:39 +0530 https://www.taxtmi.com/acts?id=30246