GST Default Reg
This query is : Resolved
21 October 2023
Sir,
I would like to clarify some doubt regarding the default in GST Payment .
i.e. Mr .Krish was acting as director in CBS Info Pvt Ltd during F Y 18-19 and the company has not paid the GST amount to the extent of Rs 2.5 Crore .(In the mean time he has resigned in Oct.2023 from the above company)
Further he has been appointed in another one Public Ltd (Listed) company as a CFO Cum Company Secretary and Independent Director in some other Public Ltd ( SME Listing) Company .
Now GST Department attached the Bank account of both the Companies where he is working at present .
Is it valid? whether the GST official has such a power to attach Bank account in the above scenario ?
How to defend the above issues ? by simply remove the Director from the Board or any court proceedings only ?
I would like to clarify some doubt regarding the default in GST Payment .
i.e. Mr .Krish was acting as director in CBS Info Pvt Ltd during F Y 18-19 and the company has not paid the GST amount to the extent of Rs 2.5 Crore .(In the mean time he has resigned in Oct.2023 from the above company)
Further he has been appointed in another one Public Ltd (Listed) company as a CFO Cum Company Secretary and Independent Director in some other Public Ltd ( SME Listing) Company .
Now GST Department attached the Bank account of both the Companies where he is working at present .
Is it valid? whether the GST official has such a power to attach Bank account in the above scenario ?
How to defend the above issues ? by simply remove the Director from the Board or any court proceedings only ?
22 October 2023
GST officer have power to attach the bank account. Please hire a Tax consultant for resolve the issue.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- E way bill for tractors
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Loan by Partnership Firm
- Plot of land. Cost of Acquisition
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
