Following the way to the GST Appellate Tribunal (GSTAT) to resolve disputes, Finance Minister Nirmala Sitharaman allocated the oath of integrity and sincerity to the tribunal’s first President, Justice (Retd.) Sanjaya Kumar Mishra.
Under the Central Goods and Services Tax Act, the tribunal established is anticipated to become operational, nearly 7 years post the incorporation of the GST regime.
A former Chief Justice of the Jharkhand High Court, the first president of GSTAT has been selected by a Search-cum-Selection Committee headed by the Chief Justice of India. The Government has reported a Principal Bench and 31 State Benches of the GSTAT, and the procedure for appointment of judicial and technical members is in progress, the Finance Ministry expressed.
The Tribunal will assure swift, fair, judicious, and effective resolution to GST disputes, apart from lessening the load on the higher courts. Goods and Service Tax Appellate Tribunal (GSTAT) establishment shall improve the effectiveness of the GST system in India and promote a more transparent as well as effective tax environment in the country, the ministry in a statement cited.
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