A step ahead in EoDB
Cabinet
approves creation of GSTAT
The
Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved
the creation of National Bench of the Goods and Services Tax Appellate Tribunal
(GSTAT). It is a step ahead in the row of ease of doing business (EoDB) in
India.
The
National Bench of the Appellate Tribunal shall be situated at New Delhi. GSTAT
shall be presided over by its President and shall consist of one Technical
Member (Centre) and one Technical Member (State). The creation of the National
Bench of the GSTAT would be a amount of one time expenditure of Rs.92.50 lakh
while the recurring expenditure would be Rs.6.86 crore per annum.
Goods
and Services Tax Appellate Tribunal is the forum of second appeal in GST laws
and the first common forum of dispute resolution between Centre and States. The
appeals against the orders in first appeals issued by the Appellate Authorities
under the Central and State GST Acts lie before the GST Appellate Tribunal,
which is common under the Central as well as State GST Acts. Being a common
forum, GST Appellate Tribunal will ensure that there is uniformity in redressal
of disputes arising under GST, and therefore, in implementation of GST across the
country.
Chapter
XVIII of the CGST Act provides for the Appeal and Review Mechanism for dispute
resolution under the GST Regime. Section 109 of this Chapter under CGST Act
empowers the Central Government to constitute, on the recommendation of
Council, by notification, with effect from such date as may be specified
therein, an Appellate Tribunal known as the Goods and Services Tax Appellate
Tribunal for hearing appeals against the orders passed by the Appellate
Authority or the Revisional Authority.
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