The Government has notified the amnesty scheme as on 02-11-2023 vide Notification No 53/2023 - Central Tax which enables taxpayers to file time-barred appeal with appellate authority.
Conditions to file appeal are as given under:
- Appeal can be filed against order involving tax demand only;
- Demand order has been passed on or before 31-03-2023;
- Cases where appeal has already been filed and rejected solely on the ground of time-barred shall also be covered;
- Appeal shall be filed on or before 31-01-2024;
- 12.5% of tax shall be paid as pre-deposit instead of 10%, maximum - INR 25 crores;
- 20% or more shall be paid from cash ledger.
Time-barred appeal filed earlier and pending for order shall be deemed to have been filed within time.
Regards
CA Jai Prakash
Team GST Podcast
