CENEX GST UPDATE - 09.04.2020

GST - Order came to be passed on very same day on which writ-applicant was supposed to remain present for purpose of hearing - order quashed and matter remitted: HC GST - IBC, 2016 - Gross ignorance - Authorities should have adopted a pragmatic approach and immediately withdrawn demands rather than indulging in a totally frivolous litigation: HC GST - Resolution plan under IBC, 2016 - Purpose of statute is very clear that it intends to revive the dying industry by providing an opportunity to a resolution applicant to take over the same and begin operations on a clean slate - demand notices/orders for period prior to transfer date are ex-facie illegal, arbitrary: HC GST - Assessee was already dead as on date of assessment order and, therefore, assessment order is a nullity in eye of law: High Court GST - Attachment ordered of bank account ceases to have effect after expiry of period of one year from date of order - HDFC Bank directed to permit applicant to operate his account: HC