A former Supreme Court judge or a former Chief Justice of a High Court might lead the GST Appellate Tribunal and its system might allow the issue resolution that comprises dues and fines of less than Rs 50 lakh through the single-member bench.
In the Lok Sabha, revisions to the laws of GST for enabling the tribunals’ constitution would be anticipated.
There shall be one principal bench of the appellate tribunal in New Delhi and various state benches, appeals related to disputes of lower than Rs 50 lakh which does not concern with the question of regulation that can be decided via the single member bench according to the statute as authorized via GST council.
During the long period of appellate bodies operations, the department arrived at a broad consensus. The late setting of the appellate tribunal would be directed to the stack of the unsolved lawful cases of the tax.
“Currently, taxpayers are filing writ petitions to directly move the High Court, Establishment of Appellate tribunal would result in a lower burden on the courts and taxpayers.” a tax expert stated.
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