Section 86 of CGST Act: Liability of Agent and Principal (Updated till on July 2024)
Section 86 of CGST Act :
Section 86 of CGST Act provide for the liability of agent and principal.
“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.”
(As given in CGST Act)
Summary chart of section 86 :
Consultant
