May 6th 2024.
On Monday, the Finance Minister Nirmala Sitharaman swore in Justice Sanjaya Kumar Mishra as the first President of the GST appellate tribunal in New Delhi. This is an important step towards the operationalisation of the GSTAT, which will play a crucial role in resolving disputes related to GST.
According to an official statement, Minister Sitharaman administered the oath of integrity and secrecy to Justice Mishra, who was previously the Chief Justice of the Jharkhand High Court. He was selected for this role by a Search-cum-Selection Committee headed by the Chief Justice of India.
The GSTAT, established under the Central Goods and Services Tax Act, 2017, is responsible for hearing appeals under this Act and the respective State/Union Territories GST Acts. It consists of a principal bench and several state benches, with the Principal Bench located in New Delhi and 31 state benches spread across the country. The process for appointing judicial and technical members is currently underway.
The main purpose of the tribunal is to ensure prompt, fair, and effective resolution of GST disputes, thereby reducing the burden on higher courts. This will significantly contribute to a more transparent and efficient tax environment in the country. The establishment of the GSTAT is a significant step towards enhancing the effectiveness of the GST system in India.
In conclusion, the swearing-in of Justice Mishra as the first President of the GST appellate tribunal is a crucial development in the implementation of the GST system. With this, the government is taking a proactive approach in resolving any disputes that may arise and ensuring a smooth and efficient tax system for the benefit of all.
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