Section 107 Appeal to Appellate Authority
This query is : Open
28 January 2024
Query regarding pre-deposit for appeal u/s 107
Appellant has been charged with tax rate higher than what is applicable i.e., 12% instead of 5% u/s 73 of the GST Act
Turnover being 20 cr.
What shall be the amount admitted?
20 cr @ 5%
OR
The entire amount to be disputed as the tax rate charged is higher than the applicable rate?
Appellant has been charged with tax rate higher than what is applicable i.e., 12% instead of 5% u/s 73 of the GST Act
Turnover being 20 cr.
What shall be the amount admitted?
20 cr @ 5%
OR
The entire amount to be disputed as the tax rate charged is higher than the applicable rate?
28 January 2024
12.5% on tax payable (2.5% I. form of cash)
28 January 2024
Hi Mam, thanks for the reply
This appeal does not belong to appeal under amnesty scheme.
U/s 107 we are required to pre-deposit 10% of the disputed amount, just wanted to know whether any of the amount shall be entered as admitted amount
OR
the entire tax amount determined @12% (higher rate) will be the disputed amount and the client has to pay 10% on such disputed amount as pre-deposit?
This appeal does not belong to appeal under amnesty scheme.
U/s 107 we are required to pre-deposit 10% of the disputed amount, just wanted to know whether any of the amount shall be entered as admitted amount
OR
the entire tax amount determined @12% (higher rate) will be the disputed amount and the client has to pay 10% on such disputed amount as pre-deposit?
28 January 2024
10% of disputed tax only.
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