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GST - Highlights / Catch Notes

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GST registration cancellation due to non-filing of returns and ...


Company under insolvency gets respite on GST registration cancellation to revive biz.

Case Laws     GST

October 26, 2024

GST registration cancellation due to non-filing of returns and non-payment of taxes. Considering the company underwent CIRP process under Insolvency and Bankruptcy Code, leeway granted to revive business. Petitioner directed to file application for revocation of registration cancellation by specific date, accompanied by draft returns proposed for filing upon restoration. Writ petition disposed with conditions imposed, allowing company certain leeway given special circumstances of CIRP process.

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