Firsthandholding

Amnesty Scheme for Delayed Filing of Appeals under GST:

1. The Govt. has notified "Amnesty Scheme under GST for delayed filing of appeals" vide Notification No. 53/2023-CT dated 02.11.2023, against the Orders passed on or before 31.03.2023 under section 73 or 74 of CGST Act, for:
• Taxable persons who could not file appeal within the time period specified and/or
• Taxable persons whose appeal against the said order was rejected as the said appeal was not filed within the time period specified.
2. Now, the time period to file above referred appeals has been extended to 31.01.2024. The appeal shall be allowed to file only if:
• Admitted liability (tax, interest, fine, fee and penalty) is paid in full.
• 12.5% of disputed tax liability is deposited - 10% through Credit ledger and 2.5% through Cash Ledger.