MEANING OF ‘ARREARS’ AND TYPES OF ARREARS

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....d as payable by the taxpayer, become arrears and recoverable from the taxpayer. If the arrears are paid by taxpayer, then the dispute concludes. However, in case, it is not paid then the mechanism prescribed in GST law has to be used to recover the same from the taxpayer or other person concerned. 2.2. Thus, arrears are the overdue payment of the amount of tax, cess, interest, fine, late fee or p....

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....ors have initiated insolvency or bankruptcy proceeding before NCLT/DRT under Insolvency and Bankruptcy Code, 2016; (iii) Arrear where appeal period is not yet over; (iv) Recoverable arrear other than the above. 2.5. The time period allowed under Section 107 of the CGST Act, 2017 for filing appeal before the Appellate Authority or Appellate Tribunal is three months from the date of receipt of ....

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....unt of taxpayer having exhausted all appellate remedies available under the law, then such confirmed demand becomes recoverable arrears. 2.7. As per Section 119 of the CGST Act, 2017, if an appeal has been preferred to the High Court or the Supreme Court, sums due to the Government as per the order passed by the Appellate Tribunal or an order passed by the High Court, as the case may be, shall be....