CGST Section 82: Tax to be First Charge on Property

Provisions under Section 82 of the CGST Act 2017 relating to “Tax to be First Charge on Property”:

Section 82: Tax to be First Charge on Property (CHAPTER XV: DEMANDS AND RECOVERY) [*1]

Notwithstanding anything to the contrary contained in any law for the time being in force, save as otherwise provided in the Insolvency and Bankruptcy Code, 2016, any amount payable by a taxable person or any other person on account of tax, interest or penalty which he is liable to pay to the Government shall be a first charge on the property of such taxable person or such person.

Notes (History of Amendments in Bare Text):

1. CGST Section 82 introduced vide GOI Notification dated 12/04/2017, followed with CBEC Notification 9/2017 on commencement date of 01/07/2017.