Dues of the CBIC, Department of Revenue will be paid as per the waterfall mechanism stipulated under the IBC
The Hon’ble Supreme Court in the case of Principal Commissioner of Customs v. Rajendra Prasad Tak & Ors [Civil Appeal…
Tag: insolvency and bankruptcy code
Payment of dues: IBC overrides provision of the Electricity Act
The Hon’ble Supreme Court in the matter of Paschimachal Vidyut Vitran Nigam Limited v. Raman Ispat Private Limited [Civil Appeal…
Circular No. 187/19/2022-GST dated 27.12.2022
Clarification regarding the treatment of statutory dues under GST law in respect of the taxpayers for whom the proceedings have been finalised under Insolvency and Bankruptcy Code, 2016- reg.