9911796707
TMI BlogTax collected but not deposited with the Central or a State GovernmentX X X X Extracts X X X X X X X X Extracts X X X X ..... Court or in any other provision of this Act or the rules made thereunder or any other law, every person who has collected from any other person any amount as representing the tax under this Act, and has not paid the said amount to the Central or a State Government, shall forthwith deposit the said amount to the credit of the Central or a State Government, regardless of whether the supplies in res ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y the amount so determined. (4) The person referred to in sub-section (1) shall in addition to paying the amount referred to in sub-section (1) or (3), as the case may be, also be liable to pay interest thereon at the rate specified under section 36 from the date such amount was collected by him to the date such amount is paid by him to the credit of the Central or a State Government. (5) An ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ft after the adjustment under sub-section (9), the amount of such surplus shall either be credited to the Fund or, as the case may be, refunded to the person who has borne the incidence of such amount. (11) The person who has borne the incidence of the amount referred to in sub-section (10), may apply for the refund of the same and for such refund, the provisions of section 38 shall apply mutat ..... X X X X Extracts X X X X X X X X Extracts X X X X
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