CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018
Section 25 - Amendment of section 107
Amendment to Section 107: Limitation on Appeal Amount
Section 107 of the principal Act has been amended. Specifically, in sub-section (6), clause (b), a new limitation has been added. Now, when an appeal is filed, the amount involved in the dispute, as arising from the order being appealed, is capped. The maximum amount for such disputes has been set at twenty-five crore rupees. This means that the financial stake of an appeal cannot exceed this limit, potentially simplifying the appeals process and providing a clear boundary for financial disputes in appeals. This amendment aims to streamline the process and ensure that appeals do not involve excessively large amounts, which could complicate legal proceedings.
Note: It is an AI generated summary for reference purpose only.
Amendment of section 107.
25. In section 107 of the principal Act, in sub-section (6), in clause (b), after the words “arising from the said order,”, the words “subject to a maximum of twenty-five crore rupees,” shall be inserted.
