Quick Summary
On November 2, 2023, the Central Board of Indirect Taxes and Customs (CBIC) announced an Amnesty Scheme for taxpayers facing challenges in filing appeals against demand orders. This scheme comes as a relief to those who missed appeal deadlines or had their appeals rejected on grounds of time limitations. Here are the crucial details you need to know about this significant development. Applicability The Amnesty Scheme applies to appeals against demand orders issued under the Central Goo
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FAQ :
It's a scheme by the CBIC to help taxpayers file appeals against demand orders, especially if they missed the original deadlines or had appeals rejected due to time limits.
The scheme applies to appeals against demand orders issued under the CGST Act on or before March 31, 2023.
Taxpayers must file their appeals by January 31, 2024, to benefit from the amnesty scheme.
An eligible taxpayer needs to make a pre-deposit of 12.5% of the disputed tax amount. At least 20% of this pre-deposit must come from the Electronic Cash Ledger.
No, the scheme does not apply to appeals related to demands that do not involve tax.
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