TMI BlogDeposit amount for appeal in the TribunalX X X X Extracts X X X X X X X X Extracts X X X X ..... Deposit amount for appeal in the Tribunal X X X X Extracts X X X X X X X X Extracts X X X X ..... nt had filed an appeal under section 107 of the CGST Act depositing 10% of the disputed amount of tax, which was approximately Rs 80 lakhs. The appellate authority has set aside part of the demand and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... upheld the balance tax amounting to about Rs 35 lakhs. Since the disputed amount is now only Rs 35 lakhs and the amount already deposited is more than 20% of this amount, the client is of the opinion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that additional deposit should not be required while filing the appeal before the Tribunal under section 112 (or following the procedure as prescribed under Circular 224/18/2024 -GST dated 11.7.2024 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for stay of recovery, pending the constitution of the Appellate Tribunal). The department is, however not in agreement and insisting on additional deposit of 10% of Rs 35 lakhs. Can the experts kindly ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... clarify. Thank you. Reply By Sadanand Bulbule: The Reply: Plz meet the Commissioner with proper representation and it might solve your problem, since you are on the right side of the law. Some auth ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orities enjoy being in the "cage" by forfeiting their quasi-judicial freedom. X X X X Extracts X X X X X X X X Extracts X X X X
|