The case involves an application (IA/5523/2021) filed in the context of an ongoing insolvency resolution process (IB-2924/ND/2019) under the Insolvency and Bankruptcy Code (IBC), 2016. The applicant, Mr. Naveen Sachdeva (M/s. Jay Packaging), sought to set aside an order by the GST Commissioner dated 08.07.2021 and to prevent the GST Commissionerate from enforcing a Show Cause Notice, citing the moratorium period under the IBC. The applicant argued that the GST claim would hamper the Corporate Debtor's CIRP. The respondent, M/s. Magppie International Ltd., is the Corporate Debtor. The respondent argued that the Show Cause Notice had already been adjudicated and the application was infructuous.
Mr. Naveen Sachdeva (M/s. Jay Packaging) filed an application (IA/5523/2021) within the context of the Corporate Insolvency Resolution Process (CIRP) of M/s. Magppie International Ltd. The application sought to set aside an order of the GST Commissioner dated 08.07.2021 and prevent the GST Commissionerate from recalling a Show Cause Notice. The applicant argued that the Show Cause Notice, issued on 22.10.2020, directing the Corporate Debtor to produce evidence, was in violation of the moratorium period under Section 14 of the IBC. The applicant relied on a GST circular dated 23.03.2020, clarifying issues under GST Law for Companies under IBC. The respondent argued that the Show Cause Notice had already been adjudicated by the Adjudicating Authority vide
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Circular issued by the Principal Commissioner…
Show Cause Notice issued to the Corporate…
The case involves an application (IA/5523/2021) filed in the context of an ongoing insolvency resolution process (IB-2924/ND/2019) under the Insolvency and Bankruptcy Code (IBC), 2016. The applicant, Mr. Naveen Sachdeva (M/s. Jay Packaging), sought to set aside an order by the GST Commissioner dated 08.07.2021 and to prevent the GST Commissionerate from enforcing a Show Cause Notice, citing the moratorium period under the IBC. The applicant argued that the GST claim would hamper the Corporate Debtor's CIRP. The respondent, M/s. Magppie International Ltd., is the Corporate Debtor. The respondent argued that the Show Cause Notice had already been adjudicated and the application was infructuous.
Mr. Naveen Sachdeva (M/s. Jay Packaging) filed an application (IA/5523/2021) within the context of the Corporate Insolvency Resolution Process (CIRP) of M/s. Magppie International Ltd. The application sought to set aside an order of the GST Commissioner dated 08.07.2021 and prevent the GST Commissionerate from recalling a Show Cause Notice. The applicant argued that the Show Cause Notice, issued on 22.10.2020, directing the Corporate Debtor to produce evidence, was in violation of the moratorium period under Section 14 of the IBC. The applicant relied on a GST circular dated 23.03.2020, clarifying issues under GST Law for Companies under IBC. The respondent argued that the Show Cause Notice had already been adjudicated by the Adjudicating Authority vide
…Circular issued by the Principal Commissioner…
Show Cause Notice issued to the Corporate…