Delhi GST Dept Issues New Guidelines to Safeguard Government Revenue in GST and DVAT Refunds [Read Instruction]
Proper Officers must verify whether any insolvency or liquidation proceedings are ongoing or have been concluded against the Registered Persons, and ascertain the status thereof
By Navasree A.M - On May 31, 2024 5:22 pm - 2 mins read
The Delhi GST ( Goods and Services Tax ) department, vide instructions to safeguard the government revenue in the GST and DVAT ( Delhi Value Added Tax ) refunds. The Insolvency and Bankruptcy Code ( IBC ), 2016, was enacted to consolidate and amend laws relating to reorganisation and insolvency resolution in a time-bound manner,…
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