Section 32 of DSTA : Section 32: Liability In Case Of Transfer Of Business
DSTA
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Explanation using Example
Imagine that Mr. A owns a furniture store in Delhi, which is registered under the Delhi Sales Tax Act, 1975. Mr. A decides to retire and sells his store to Mr. B. According to Section 32(1) of the Act, both Mr. A and Mr. B are now responsible for any sales tax, including penalties, that Mr. A owed up until the tra...
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