Companies in a fix as GST, IBC rules clash, plan to move court

MUMBAI: The goods and services tax (GST) regime and the  Insolvency and  Bankruptcy Code ( IBC ) are locked in a seemingly intractable impasse, entangling companies undergoing  resolution . Some are planning to take the  indirect tax department to court over the issue, experts said. The GST software doesn’t allow companies to pay current or future taxes without clearing dues fr…