The Supreme Court has issued a notice to the Finance Ministry requesting a response regarding a petition that seeks the introduction of an option for filing revised GST returns. The petitioner argues that the current lack of a revision facility is problematic for registered businesses, unlike other tax laws. The court will hear further arguments on November 15, 2023, with a potential ruling that could allow businesses to correct errors without penalties.
Supreme Court Issues Notice in Writ Petition Seeking Option for Revised GST Returns
The Supreme Court has recently issued a notice in a Writ Petition seeking the availability of an option for revised returns on the GSTIN Portal. The petition was filed by Pradeep Kanthed, who argued that the unavailability of such an option is creating a trap for GST-registered persons and GST-registered dealers.
Kanthed pointed out that GST returns are filed under sections 39(1), 39(2), 39(3), and 39(5) of
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FAQ :
The Supreme Court has issued a notice to the Finance Ministry in response to a Writ Petition seeking the option to file revised GST returns.
The petition was filed by Pradeep Kanthed.
The petitioner argues that the absence of a revised returns option traps GST-registered persons and dealers, contrasting it with provisions in other tax laws like Income Tax and VAT.
If successful, it could lead to the introduction of a provision for revised GST returns, allowing businesses to correct errors without penalties or interest and potentially reducing disputes.
The next hearing is scheduled for November 15, 2023.