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CHAPTER XV - DEMANDS AND RECOVERY
Section 81 of CGST Act - Transfer ...
Section 82 of CGST Act - Tax to be... Section 83 of CGST Act - Provision... Section 84 of CGST Act - Continuat... Section 74A of CGST Act - Determin...Section 81 of CGST Act - Transfer of property to be void in certain cases
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81. Transfer of property to be void in certain cases.[1]
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 favor 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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