The Government of India has set in motion the Goods and Services Tax Appellate Tribunal (GSTAT) with the appointment of retired Justice Sanjaya Kumar Mishra as its President.
- The setting up of the tribunal aims to help businesses resolve various disputes efficiently.
- He is a former Chief Justice, High Court of Jharkhand.
- He has been appointed to the post of President in Goods and Services Tax Appellate Tribunal, in the salary of ₹2.50 lakh per month for 4 years.
- The four-year will be counted from the date of his assuming charge or till attaining the age of 70 years, whichever is earlier.
Goods and Services Tax Appellate Tribunal (GSTAT)
- The Goods and Services Tax Appellate Tribunal (GSTAT) is the second Appellate Authority established under the Central Goods and Services Tax Act, 2017 to hear various appeals under the said Act and the respective State/UT GST Acts.
- In September 2023, the Centre notified to set up 31 GSTAT benches with one Principal Bench in Delhi.
- Uttar Pradesh will have three Benches, the highest in any given State in the country.
- The Principal Bench will take up matters related to inter-state disputes, while Benches in States will take up all other issues, including rates.
- The aggrieved parties can move to the High Courts and Supreme Court.
- GST Tribunals are envisioned as specialised bodies to handle disputes related to GST, providing a timely and efficient resolution mechanism.
