GST Circular No 224/2024
This circular from the Central Board of Indirect Taxes and Customs provides guidelines on handling outstanding GST dues when the Appellate Tribunal is not yet operational. It addresses concerns about recovering dues when taxpayers cannot appeal to the Tribunal due to its non-existence and explains how pre-deposit payments can be made to avoid recovery actions.
Taxpayers can make pre-deposit payments using their electronic liability ledger or FORM GST DRC-03, and this payment will be adjusted against the amount required for filing an appeal once the Tribunal is active. They must also provide a declaration that they will file an appeal when the Tribunal is operational. If taxpayers do not make the pre-deposit or provide the necessary declaration, recovery proceedings will continue.
Additionally, if taxpayers have
made payments through FORM GST DRC-03 by mistake, they can use FORM GST DRC-03A to adjust these payments against their liabilities. Until FORM GST DRC-03A functionality is available, taxpayers should notify tax officers to avoid immediate recovery actions.
