while reading section 73 and 76, I came across the headings of the sections: Tax not paid,short paid AND tax collected but not paid to the government.
I collected Rs 100 as GST but did not pay it to govt. Now isn't this Tax not paid???or is a case of tax collected but not paid to the government?
what is the line of difference??
please explain????
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Replies (2)
As per my opinion-
"tax not paid" is for RCM taxpayer
and "tax collected but not paid" is for regular taxpayer
"tax not paid" is for RCM taxpayer
and "tax collected but not paid" is for regular taxpayer
Ok...so if I do the offence as stated in my previous query, will I be held under 73 or 76,
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