https://www.taxtmi.com/caselaws?id=433716 The tribunal dismissed the appeal as infructuous following an NCLT order approving a resolution plan that extinguished government dues. It clarified that the tribunal lacked jurisdiction to decide on the recovery of dues post-NCLT approval, emphasizing the department's responsibility. The absence of provisions in the Customs and Central Excise Act regarding NCLT proceedings supported this stance. The judgment underscored the necessity for CBIC guidelines to address cases involving ongoing IBC proceedings, aiming to provide clarity and uniformity in such matters. en-us Tue, 07 Feb 2023 00:00:00 +0530 Wed, 08 Feb 2023 07:34:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433716 The tribunal dismissed the appeal as infructuous following an NCLT order approving a resolution plan that extinguished government dues. It clarified that the tribunal lacked jurisdiction to decide on the recovery of dues post-NCLT approval, emphasizing the department's responsibility. The absence of provisions in the Customs and Central Excise Act regarding NCLT proceedings supported this stance. The judgment underscored the necessity for CBIC guidelines to address cases involving ongoing IBC proceedings, aiming to provide clarity and uniformity in such matters. Case-Laws Central Excise Tue, 07 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433716