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- Finance Ministry has launched an amnesty scheme for filing appeals against Goods and Services Tax (GST).
- This scheme will be for entities that were unable to submit their appeals against orders issued by the tax officer on or before March 31, 2023.
- This amnesty scheme will remain open till January 31, 2024.
- Central Board of Indirect Taxes and Customs (CBIC) has issued a notification regarding this scheme.
- The GST Council had approved this amnesty scheme for filing appeals in the last meeting on 7 October.
- This scheme will benefit taxpayers, who have not filed an appeal within the specified period.
- This scheme will also promote compliance among taxpayers and it will provide a fair and lenient approach to appeal filing.
- It will help tax authorities in resolving disputes efficiently.
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