Section 48, The Goods and Services Tax Act, 2009

(1) For the protection of the revenue or to secure paymentof GST that is or may become due, the Commissioner-General may, by notice in writing, require a person to provide security in such amount and manner as the Commissioner-General thinks fit, by the date specified in the notice. (2) A person who is required to give security under subsection (1) shall give the security in the amount and manner and on the date specified in the notice. 72 73 Secrecy. Powers to require security. (3) If security has been given in cash and the Commissioner-General is satisfied that the security is no longer required, the Commissioner-General shall apply the amount of the security in the following order:– (a) first in the reduction of any interest or penalty payable by the person under this Act; (b) then against any GST due and payable by the person; (c) then against payment of any other taxes, levies or duties collected by the National Revenue Authority, including any unpaid amounts under the repealed taxes, and any amount remaining shall be refunded to the person who gave the security within 60 days of the Commissioner-General being so satisfied. (4) A decision under subsection (1) may be challenged only under Part XVII of this Act.