Sanjaya Kumar Mishra to head GST Appellate Tribunal

Retired Justice Sanjaya Kumar Mishra has been appointed as the President of the Goods & Services Tax Appellate Tribunal (GSTAT) by the Centre. The move aims to streamline the resolution of disputes concerning businesses efficiently. The appointment, made by the Appointment Committee of the Cabinet based on the recommendation of the Search-cum-Selection Committee, comes with a salary of ₹2.50 lakh per month for a tenure of four years.

Appointment of President of the GSTAT

The Appointment Committee of the Cabinet, upon recommendation by the Search-cum-Selection Committee (SCSC), approved the appointment of Justice (Retd.) Sanjaya Kumar Mishra. His tenure spans four years, commencing from the date of assuming charge or until reaching the age of 70, whichever comes earlier. The order from the Department of Personnel and Training (DoPT) outlined his monthly salary at ₹2.50 lakh.

Establishment of GST Appellate Tribunal

The Finance Ministry has issued vacancy circulars for 63 judicial members and 33 Technical Members for the Centre and States. Last September, the Centre notified the setup of 31 GSTAT benches with a Principal Bench in Delhi and additional benches across various States. Uttar Pradesh will host three benches, the highest in any State, while others like Gujarat, Karnataka, Rajasthan, Tamil Nadu, and Maharashtra will have two each. These tribunals are crucial for handling disputes related to GST, providing a specialized mechanism for timely resolution.

Role of GST Tribunal

GST Tribunals are envisioned as specialized bodies to address GST-related disputes promptly and efficiently. Their establishment is essential to ensure fairness, accountability, and the rule of law in tax administration. With the rise in appeals against orders of first Appellate Authorities, the need for dedicated and specialized GSTATs has become even more pronounced. Businesses previously had to resort to High Courts, resulting in prolonged and costly legal battles. The establishment of GSTATs is expected to alleviate this burden, fostering a conducive environment for business and enhancing ease of doing business in the country.

Enhancing Business Sentiments

Industry experts have welcomed the move, highlighting its potential to boost business sentiments and facilitate economic growth. Chandrajeet Banerjee, Director General at CII, emphasized the importance of GSTATs in ensuring speedier and cost-effective resolution of cases. With a significant increase in appeals over the past years, the establishment of GSTATs in major cities across the country is seen as a critical step towards streamlining tax dispute resolution and relieving pressure on jurisdictional High Courts.

Akansha Arora

My role as a content writer specializing in current affairs at Adda247 involves meticulously researching and crafting compelling articles aimed at guiding and informing candidates preparing for National and State Level Competitive Government Exams. With a dedication to educational excellence, I strive to keep our candidates abreast of the latest developments and trends in current affairs. By providing insightful and engaging content, I aim to ensure that aspiring candidates are well-prepared and informed for their examinations.

Recent Posts

Who is Raghav Chadha? Check His Early Life, Education, Political Career and Net Worth

Raghav Chadha is a young Indian politician and Chartered Accountant who has made a quick…

19 hours ago

National Parks in Tamil Nadu, Check their Names and Location

India is a country full of rich wildlife and natural beauty. It has hundreds of…

21 hours ago

India’s 1968 Olympic Bronze Medalist Gurbax Singh Grewal Passed Away

The hockey veteran Mr. Gurbax Singh Grewal was passed away at the age of 84…

21 hours ago

India to Participate in SCO Defence Talks as Rajnath Singh Heads to Bishkek

Respectable Defense Minister of India Rajnath Singh is set to visit the Bishkek Kyrgyzstan to…

22 hours ago

Virat Kohli Becomes First Player in IPL History to Hit 800 Boundaries

India's veteran player Virat Kohli has become the first batter in the IPL history to…

22 hours ago

US Announces Heavy Anti-Dumping Duty on Solar Cells and Panels from India

The US Department of Commerce has announced the preliminary anti-dumping duty on the solar cell…

23 hours ago