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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 the IGST Act, 2017 as amended w.e.f. 1-11-2024, what is the maximum amount that shall be payable for each appeal 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 provided in the proviso to the IGST Act section on application of CGST provisions, substituted with effect from 1 November 2024.

  1. ARupees twenty crore
  2. BRupees forty croreCorrect
  3. CRupees fifty crore
  4. DRupees ten crore

Explanation

The proviso substituted by Act 15 of 2024 states that a maximum amount of forty crore rupees shall be payable for each appeal to be filed before the Appellate Authority or the Appellate Tribunal. The other figures are not stated in the text.

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