Wednesday, 6 May 2020

CGST Notification No-39/2020- Central Tax ,dt. 05-05-2020:- Seeks to make amendments to special procedure for corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016

                                5th May 2020, GST Department announced :- 

“2. Registration.- The said class of persons shall, with effect from the date of appointment of IRP / RP, be treated as a distinct person of the corporate debtor, and shall be liable to take a new registration (hereinafter referred to as the new registration)in each of the States or Union territories where the corporate debtor was registered earlier, within thirty days of the appointment of the IRP/RP or by 30th June, 2020, whichever is later."


For Complete Notification please follow the ling below or read from attached notification image.
CGST Notification No-39/2020- Central Tax ,dt. 05-05-2020, Relating to Seeks to make amendments to special procedure for corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
Follow us for latest update. Tanuj & Co.

x

No comments:

Post a Comment