https://www.taxtmi.com/acts?id=47188 Sellers specified by the reference provision must collect tax from buyers of listed goods at the time of debit or receipt, at rates set out in the Table; an assessing officer may grant a prescribed certificate exempting goods used for manufacturing. Collectors must remit collected sums to the Central Government within seven days and issue buyers a certificate within ten days; collected amounts remitted are deemed payment and creditable on production of the certificate. Failure to collect does not relieve liability to pay, and failure to remit attracts simple interest and creates a charge on the seller's assets. en-us Wed, 08 Jan 2025 11:44:16 +0530 Fri, 18 Jul 2025 15:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47188 Sellers specified by the reference provision must collect tax from buyers of listed goods at the time of debit or receipt, at rates set out in the Table; an assessing officer may grant a prescribed certificate exempting goods used for manufacturing. Collectors must remit collected sums to the Central Government within seven days and issue buyers a certificate within ten days; collected amounts remitted are deemed payment and creditable on production of the certificate. Failure to collect does not relieve liability to pay, and failure to remit attracts simple interest and creates a charge on the seller's assets. Act-Rules F. Acts / Amendment Acts Wed, 08 Jan 2025 11:44:16 +0530 https://www.taxtmi.com/acts?id=47188