Protecting the interest of the Government revenue while issuing refund under GST and DVAT Act.

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....24 INSTRUCTION Sub: Protecting the interest of the Government revenue while issuing refund under GST and DVAT Act. The Insolvency and Bankruptcy Code (IBC), 2016 has been enacted to consolidate and amend the laws relating to reorganisation and insolvency resolution in a time bound manner for maximisation of value of assets, to promote entrepreneurship, availability of credit and balance t....

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....confirm that whether any insolvency/liquidation proceeding is pending or concluded against the Registered Person(s) and shall also ascertain the status thereof. The status of above said proceedings may be ascertained from Registered Person(s) OR web portal of IBBI or web portal of NCLT/NCLAT OR may also be confirmed from Law & Judicial Branch of this Department. In case, any such proceeding is ....