https://www.taxtmi.com/circulars?id=67180 Where insolvency proceedings finalised under the Insolvency and Bankruptcy Code reduce statutory dues payable under the HGST Act or existing laws, the jurisdictional proper officer shall issue the prescribed intimation of demand reduction to the taxable person and to the authority with whom recovery proceedings are pending, and recovery may continue only in relation to the reduced amount; insolvency adjudications are treated as 'other proceedings' for this purpose and the prescribed Rule 161 procedure must be followed. en-us Mon, 02 Jan 2023 00:00:00 +0530 Fri, 09 Feb 2024 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67180 Where insolvency proceedings finalised under the Insolvency and Bankruptcy Code reduce statutory dues payable under the HGST Act or existing laws, the jurisdictional proper officer shall issue the prescribed intimation of demand reduction to the taxable person and to the authority with whom recovery proceedings are pending, and recovery may continue only in relation to the reduced amount; insolvency adjudications are treated as 'other proceedings' for this purpose and the prescribed Rule 161 procedure must be followed. Circulars GST - States Mon, 02 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67180