Section 86 of CGST Act 2017: Liability of Agent and Principal

Provisions under Section 86 of the Central Goods and Services Tax (CGST) Act, 2017 relating to “Liability of Agent and Principal”, are as under:

Section 86 of CGST Act 2017: Liability of Agent and Principal (CHAPTER XVI – LIABILITY TO PAY IN CERTAIN CASES)

Where an agent supplies or receives any taxable goods on behalf of his principal, such agent and his principal shall, jointly and severally, be liable to pay the tax payable on such goods under this Act.

Amendments History:

1. CBEC notifies 1st July 2017 as the Commencement date for Section 86 of the CGST Act 2017, vide Notification 9/2017 Central Tax.

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Govt. has notified the CGST Act, 2017 on 12th April, 2017, which has subsequently been amended through the CGST (Extension to J&K) Act 2017, Finance Act 2018, CGST Amendment Act 2018, Finance (No. 2) Act 2019, Finance Act 2020, Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance 2020. Further, CBEC/ CBIC has also issued various Notifications from time to time, relating to the commencement date of various Sections/ Provisions in the respective CGST/ Amendment Acts, wherever required.

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