https://www.taxtmi.com/news?id=16331 Recovery of confirmed indirect tax demands is suspended while stay applications pending from before the 06.08.2014 amendment remain undecided; the 06.08.2014 amendment introduced an interim payment obligation on filing appeals that curtailed the need for separate stay orders. If an appellate authority confirms a demand and no stay operates, recovery may be initiated only after sixty days from the appellate order. The Circular seeks to protect assessees' opportunity to appeal and to standardise recovery practice. en-us Tue, 05 Jul 2016 15:28:19 +0530 Tue, 05 Jul 2016 15:28:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16331 Recovery of confirmed indirect tax demands is suspended while stay applications pending from before the 06.08.2014 amendment remain undecided; the 06.08.2014 amendment introduced an interim payment obligation on filing appeals that curtailed the need for separate stay orders. If an appellate authority confirms a demand and no stay operates, recovery may be initiated only after sixty days from the appellate order. The Circular seeks to protect assessees' opportunity to appeal and to standardise recovery practice. News - Tue, 05 Jul 2016 15:28:19 +0530 https://www.taxtmi.com/news?id=16331