GST council may cut upfront payment for tax appeal to 7%

  • 17 Jun 2024
  • Team Edukating
  • 588

The Goods and Services Tax Council, at its meeting on June 22, may consider a proposal to reduce upfront payment required to be deposited prior to filing of a tax appeal to 7% of disputed tax amount from 10% now, ET has learnt.

The council could also consider an amnesty scheme for disputes of the pre-GST regime and a proposal to make biometric-based Aadhaar authentication mandatory for suspicious persons seeking GST registration. Officials said the amnesty scheme, once approved by the council, may be announced in the budget. In the interim budget, the finance minister had announced an amnesty for small direct tax disputes involving up to Rs. 25,000.

Source : https://economictimes.indiatimes.com/news/economy/policy/gst-council-may-cut-upfront-payment-for-tax-appeal-to-7/articleshow/111005694.cms?from=mdr

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