GST Council Fixes Monetary Limit For Filing Of Appeals: Nirmala Sitharaman After Key Meet
In order to reduce government litigations, the Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council has fixed a monetary limit for filing appeals by the tax department before the various appellate authorities. It has recommended a monetary limit of Rs 20 lakh for GST Appellate Tribunal, Rs 1 crore for the High Court and Rs 2 crore for the Supreme Court for filing of appeals by the department before these legal forums, she said after the 53rd GST Council meeting held. The Tax Authority would generally not go for an appeal if the monetary limit is less than the prescribed by the GST Council.
