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CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · Assessment, Audit, Scrutiny, Demand and Recovery, Advance Ruling, Appeals and Revision

Under section 20 of the IGST Act as amended w.e.f. 1 November 2024, what is the maximum amount payable for each appeal to be filed before the Appellate Authority or the Appellate Tribunal?

The maximum amount payable for each appeal before the Appellate Authority or the Appellate Tribunal is forty crore rupees, as per the proviso to section 20 of the IGST Act substituted with effect from 1 November 2024.

  1. ARs 25 crore
  2. BRs 50 crore
  3. CRs 40 croreCorrect
  4. DRs 100 crore

Explanation

The substituted proviso to section 20 of the IGST Act states that a maximum amount of forty crore rupees shall be payable for each appeal to the Appellate Authority or the Appellate Tribunal. The other figures are not in the text.

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