Summary of Notification No 53/2023 GST Amnesty Scheme
The Government has issued Notification No 53/2023 GST Amnesty Scheme. CBIC has anounced special provision which allows taxpayer to file GST Appeal, who has missed the deadline to file the appeal by 31-03-2023. There is another chance given to file the appeal by 31-01-2024. Appeal must be filed using the FORM GST APL-01 including the payment of admitted amount of 12.5% of the disputed tax, with atleast 20% paid from the electronic cash ledger. Appeals that is already pending that meets these terms are considered valid. No refund for excess payments will made untill appeal is resolved, and the process does not cover the demands unrelated to tax. Existing GST Rules will also apply to these appeals.
The Central Government has provided with new opportunity to business who has missed the deadline to file Appeal against GST order before 31-03-2023.
Opportunity: File GST Appeal by 31-01-2024 for those appeal which missed to filed.
Conditions to get the above opportunity :
1. Pay the full amount of GST including interest, fees, fines and penalities to file appeal
2. Pay 12.5% of tax amount disputed not exceeding 25 crore and 20% amount must come from the money deposited in Electronic cash ledger.
Refund: Immidiate refund will not be initiated for the money paid more than required conditions. One has to wait until appeal is resolved.
Specific Condition: Purely administrative and procedural disputes which does not involve the tax amount will not get the this opportunity.
On the filling of appeal, the regular rules and proceedure of GST will applicable. By this way the government is giving another chance to fight your case by following above mentioned consitions and submit your appeal before mentioned deadlines.
