TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>GST Dues Clarified for Insolvent Taxpayers: No Coercive Action Pre-CIRP; Apply Section 84 for Reduced Dues Recovery.</h1> The circular addresses the treatment of statutory dues under GST law for taxpayers whose proceedings have been finalized under the Insolvency and Bankruptcy Code, 2016. It clarifies that no coercive action can be taken against corporate debtors for dues before the commencement of the Corporate Insolvency Resolution Process. Such dues are classified as operational debt, and claims can be filed with the National Company Law Tribunal. The circular also explains the application of Section 84 of the Sikkim GST Act regarding the continuation of recovery proceedings for reduced government dues and the issuance of FORM GST DRC-25 for such reductions.
TaxTMI 
TaxTMI 
