Chapter XVI (Sections 85-94) of the Central Goods and Services Tax (CGST) Act, 2017 deals with provisions related to Liability to Pay in Certain Cases. Section 92 of Central Goods and Services Tax Act, 2017 (12 of 2017) provides for Liability of Court of Wards, etc. under CGST Act 2017.
Recently, we have discussed in detail section 91 (i.e. Liability of guardians, trustees, etc.) of CGST Act 2017. Today, we learn the provisions of section 92 of the CGST Act 2017. Complete Details of CGST Section 92 – Liability of Court of Wards, etc. You may CLICK HERE to download list of all sections of CGST Act 2017 in PDF format.
Notes on Section 92 of CGST Act 2017
Section 92 of CGST Act 2017 shall come into force on 01.07.2017 vide Notification No. 9/2017 – Central Tax, G.S.R. 658(E), dated 28.06.2017. In this note, you will learn detail of the provisions of section 92 of CGST Act 2017 read with Central GST Rules 2017.
Where the estate or any portion of the estate of a taxable person owning a business in respect of which any tax, interest or penalty is payable under this Act is under the control of the Court of Wards, the Administrator General, the Official Trustee or any receiver or manager (including any person, whatever be his designation, who in fact manages the business) appointed by or under any order of a court, the tax, interest or penalty shall be levied upon and be recoverable from such Court of Wards, Administrator General, Official Trustee, receiver or manager in like manner and to the same extent as it would be determined and be recoverable from the taxable person as if he were conducting the business himself, and all the provisions of this Act or the rules made thereunder shall apply accordingly.