https://www.taxtmi.com/highlights?id=66376 Recovery of demand - It is noted that IBC proceedings are being initiated against many companies who are either appellant or respondent in the appeals pending before this tribunal. The revenue-department has no proper guideline as to what stand is to be taken in a case where the IBC proceedings is in progress before NCLT/NCLAT or at higher forum - the Central Board of Indirect Taxes & Customs may consider issuing guideline/procedure for dealing with the case before this tribunal wherein, against the assesse’s company IBC proceeding has been initiated. - AT en-us Sun, 06 Nov 2022 11:30:50 +0530 Sun, 06 Nov 2022 11:30:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66376 Recovery of demand - It is noted that IBC proceedings are being initiated against many companies who are either appellant or respondent in the appeals pending before this tribunal. The revenue-department has no proper guideline as to what stand is to be taken in a case where the IBC proceedings is in progress before NCLT/NCLAT or at higher forum - the Central Board of Indirect Taxes & Customs may consider issuing guideline/procedure for dealing with the case before this tribunal wherein, against the assesse’s company IBC proceeding has been initiated. - AT Highlights Customs Sun, 06 Nov 2022 11:30:50 +0530 https://www.taxtmi.com/highlights?id=66376