Many large companies to move Appellate Authority against GST demand notices
In recent days, an increasing number of GST notices have been sent to many companies mainly on account of alleged discrepancy in input tax credit (ITC).
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) expects number of pending tax disputes would go down before implementation of Goods and Services Tax as it is disposing of cases quickly, an official said on Wednesday.
"Currently there are about 88,000 pending cases with the tribunal. We are trying to dispose the cases as quickly as possible given the constraints of members and funding," said President of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Justice Satish Chandra.
"We are disposing close to 100 cases per day and we are very serious about reducing the number of pending cases," said Chandra at an event organised by Merchants' Chamber of Commerce and Industry.
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