• twitter-icon
Unlimited Tax Return Filing


MoS Fin: Approx 14K Pending CGST Appeals Are Waiting to Be Resolved

MoS Fin in Lok Sabha About over 14,000 Pending GST Appeals

In these cases, nearly 14,000 petitions are due that comprise the goods and services tax also the council would be working to set the GST Tribunals.

The number of GST pleas concerned with the Central GST Council are due at different levels surged to 14,227 between April and June in this financial year, as per the official information. From 11,899 such cases pending at the end of fiscal 2022–23, this represents an almost 20% increase. Pankaj Chaudhary, Union Minister of State for Finance, announced this information in the Lok Sabha. He was answering a query on the formation of GST appellate courts.

Since 2020–21, when 5,499 cases were outstanding, the total number of appeals concerned with the Central GST authority has exceeded than doubled. By the conclusion of the fiscal year 2021–2022, this had climbed even further, reaching 9,759 instances. “Under the GST legislation, there is no idea of a peaceful settlement, and appeals are handled in accordance with the legislation, Chaudhary expressed.

The establishment of GST Appellate Tribunals around the nation was agreed upon by the GST Council at its 49th meeting in February. On the foundation of the requests of the states, there are plans to gradually build state benches.

The Council also advised, during its July meeting, that the Centre may notify the provisions of the Finance Act, 2023, related to the GST Appellate Tribunal, with effect from August 1, in order to implement them as soon as possible. There have been 50 state bench proposals obtained.

Read also: CBIC: No Pre-Deposit Required When Filing Appeal in GST Appellate Tribunal

Although the majority of the state benches are anticipated to begin operating by the end of the year, certain states, like West Bengal and Uttar Pradesh, have already accelerated construction on them.

The West Bengal Finance Minister Chandrima Bhattacharya has stated that two benches in the state would begin operating on October 1 while the Uttar Pradesh Cabinet recently authorized the proclamation of an act for the establishment of GST Appellate Tribunals.

The establishment of these tribunals would be a huge relief for the sector, which now needs to go before the High Court to appeal decisions. The industry has been pleading with the GST Council to establish these tribunals as soon as possible due to the numerous cases that were still outstanding.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Arpit Kulshrestha
Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with depth knowledge and is extensive for the same. The resources provide effective articles for the products of SAG infotech which provides taxation and IT software. Writing from observations and researching makes his articles virtuous. View more posts
SAGINFOTECH PRODUCTS

Leave a comment

Your email address will not be published. Required fields are marked *

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Super Tax Offer

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Big Offer for Tax Experts

Upto 20% Discount on Tax Software

    Select Product*

    Current GST Due Dates