Quick Summary
Experts Urge Expansion of GST Amnesty Scheme to Benefit a Larger Taxpayer Base In a bid to enhance the reach and impact of the Goods and Services Tax (GST) amnesty scheme, experts are advocating for an extension of the cut-off date and broader inclusion of cases. According to these experts, such
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FAQ :
Experts are urging the government to broaden the GST amnesty scheme by extending the cut-off date and including a wider range of cases.
Experts estimate that the expanded scheme could benefit over 5000 taxpayers, more than double the current potential of around 2000.
The scheme targets appeals rejected due to late filing, missed appeal deadlines, or pending late-filed appeals at the Appellate Authority, concerning demand orders under section 73 or 74 of the CGST Act 2017.
The appeals must relate to demand orders passed on or before March 31, 2023.
They believe it will provide financial relief and tax compliance assistance to a larger group of taxpayers facing challenges with appeal deadlines and GST regulations.
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