Widening ambit of GST amnesty scheme will help larger Section

Improving the ambit of the Goods and Services Tax (GST) amnesty scheme by enabling an additional window to file appeals against demand orders by extending the cut-off date and including more instances will help to double the number of beneficiaries, according to tax professionals and experts.

According to experts, the scheme will help at least 2000 taxpayers with the current provisions, and expanding the scope will benefit more than 5000 taxpayers.

The Centre’s scheme allows appeals against demand orders under section 73 or 74 of the CGST Act 2017 issued on or before March 31, 2023, that were either rejected due to late filing or cases where the taxpayer failed to file an appeal or where a late-filed appeal is pending before the Appellate Authority and is likely to be rejected.

According to the MP Commercial Tax Appeal Board member Sudip Gupta, widening the amnesty scheme‘s ambit will help a larger section.