37 Order of application of payments

 

37 Order of application of payments
 
Where a person owes to the Commissioner tax, interest, or penalty and the person pays to the Commissioner or the Commissioner recovers some but not all of the amounts owed by the person, the amounts shall be treated as reducing the person’s obligations to pay –
(a) interest, penalty and tax owed under this Act; and
(b) interest, penalty and tax owed under the Central Sales Tax Act, 1956 (74 of 1956); in the above order.
Services

Our Services

Assurance

Our assurance services include Statutory audit, Tax audit and Special audits. We carry out audit of financial statements prepared in accor

READ MORE

Taxation

Enhancing a stakeholder value is a fundamental concept, which drives every management effort in the modern business environment. Progressive and bot

READ MORE

Advisory

Managing Risk to enhance performance to truly manage risk, it is vital to enable the right frameworks. We help enhance your business perfo

READ MORE
CONSULTATION

ASK A QUERY