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    <title>IBC has overriding effect over provisions of the Income Tax &amp; GST Act [Sec 226 of ITA&#039;61 - Sec 416 of ITA&#039;25]</title>
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    <description>The Insolvency and Bankruptcy Code prevails over conflicting income-tax, GST and other legal provisions. During a moratorium, suits, proceedings, execution actions and arbitration against a corporate debtor cannot be instituted or continued. GST show-cause proceedings must remain in abeyance despite potential limitation concerns and may be resumed or initiated after the moratorium is lifted and the corporate insolvency resolution process is completed. GST procedures also address statutory dues following finalisation of IBC proceedings.</description>
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      <description>The Insolvency and Bankruptcy Code prevails over conflicting income-tax, GST and other legal provisions. During a moratorium, suits, proceedings, execution actions and arbitration against a corporate debtor cannot be instituted or continued. GST show-cause proceedings must remain in abeyance despite potential limitation concerns and may be resumed or initiated after the moratorium is lifted and the corporate insolvency resolution process is completed. GST procedures also address statutory dues following finalisation of IBC proceedings.</description>
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