Centre Urges State Govts To Approve Amendments In GST Laws By October

New Delhi, June 20 (KNN) The union government has asked the state governments to approve the changes in their Goods and Services Tax laws by October so that the government can start constituting tribunal benches, a senior official told FE.

The tribunal will help quickly resolve disputes relating to the key indirect tax and boost tax collections, addressing concerns of both the industry and tax authorities.

As per reports, the tribunal will have benches across states by December 2023. Parliament had given its nod to changes in the GST law in March.

The delay in the establishment of the appellate tribunal has led to the accumulation of unresolved legal issues under the GST regime after it was rolled out in July 2017.

The Tribunal will consist of the president of the appellate tribunal (one of the judicial members of the principal bench), a Union government secretary and a state chief secretary nominated by the council. The chairperson will have a casting vote. The principal bench and each state bench will have two judicial and two technical members, with equal representation fr0m the Centre and states in case of technical members.

Many benches can be set up in each state, subject to the approval of the GST Council. The cases involving the issue of the place of supply will be heard by the principal bench only.
(KNN Bureau)

MENAFN20062023000155011030ID1106462678