Quick Summary
Finance Minister Introduces Bill to Amend GST Appellate Tribunal Age Limits; Operationalization Set to Streamline Dispute Resolution On Wednesday, Finance Minister Nirmala Sitharaman presented the Central Goods and Services Tax (Second Amendment) Bill, 2023, in the Lok Sabha, aiming to revise the age limits for the president and members of the GST Appellate Tribunals (GSTAT). The proposed changes, endorsed by the GST Council in October, seek to enhance the age limits to 70 years for the presi
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FAQ :
The bill aims to revise the age limits for the president and members of the GST Appellate Tribunals (GSTAT) and facilitate their operationalisation.
The proposed age limits are 70 years for the president and 67 years for members.
Judicial members must have at least 10 years of substantial experience in indirect tax litigation.
The term for the president and members is four years or until they reach the specified age limits.
Operationalisation of the GSTATs is anticipated to take 4-5 months.
31 GSTAT benches have been notified across states and union territories.
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