GST: Finance ministry launches amnesty scheme for filing appeals against demand orders

The finance ministry has introduced an amnesty scheme for filing appeals against Goods and Services Tax (GST) demand orders. The scheme will be open until January 31, 2024, for entities that were unable to submit their appeals by March 31, 2023. The scheme requires a pre-deposit of 12.5% of the tax demand, compared to the current 10%. This initiative aims to facilitate taxpayers who missed the appeal deadline due to administrative errors or unforeseen circumstances while promoting enhanced compliance and better cooperation with tax authorities.

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