Section 81 of GST – Transfer of property to be void in certain cases. Everything you want to know about GST Section 81. In this section you may find all details for “Transfer of property to be void in certain cases” as per GST Act 2017. Detailed Analysis of GST Section 81 of GST Act 2017. We Provide Complete Details for All GST Section’s and In this article you may find all details for GST Section 81. Check Section Wise Analysis of GST Act 2017, Chapter Wise Analysis of GST All Sections. in this article you may find complete details regarding Section 81 of GST Act 2017 – Transfer of property to be void in certain cases, gst all sections and definitions. Now Check more details from below….
Section 81 of GST – Transfer of property to be void in certain cases
Where a person, after any amount has become due from him, creates a charge on or parts with the property belonging to him or in his possession by way of sale, mortgage, exchange, or any other mode of transfer whatsoever of any of his properties in favour of any other person with the intention of defrauding the Government revenue, such charge or transfer shall be void as against any claim in respect of any tax or any other sum payable by the said person:
Provided that, such charge or transfer shall not be void if it is made for adequate consideration, in good faith and without notice of the pendency of such proceedings under this Act or without notice of such tax or other sum payable by the said person, or with the previous permission of the proper officer
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