https://www.taxtmi.com/article/detailed?id=8841 Conflict between Section 48 of the Customs Act and the Code's moratorium: imported machinery with unpaid customs duty, held to be assets of the corporate debtor, fell within the interim resolution professional's control under Section 18(1)(f) and could not be auctioned after initiation of CIRP and declaration of moratorium under Section 14; the department must submit a claim to the resolution professional and sales conducted in breach of the moratorium are void ab initio. en-us Tue, 03 Dec 2019 10:08:14 +0530 Tue, 03 Dec 2019 10:08:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8841 Conflict between Section 48 of the Customs Act and the Code's moratorium: imported machinery with unpaid customs duty, held to be assets of the corporate debtor, fell within the interim resolution professional's control under Section 18(1)(f) and could not be auctioned after initiation of CIRP and declaration of moratorium under Section 14; the department must submit a claim to the resolution professional and sales conducted in breach of the moratorium are void ab initio. Articles Customs - Import - Export - SEZ Tue, 03 Dec 2019 10:08:14 +0530 https://www.taxtmi.com/article/detailed?id=8841