Recently, the Hon’ble Supreme Court directed the disposal of around 199 appeals based on monetary limits prescribed by the Revenue as a step towards reducing litigation.
This initiative will undoubtedly bring much-needed relief to both taxpayers and the department. But why stop there?
— Expanding the Initiative:
The same exercise should be carried out for all pending cases before High Courts, CESTAT, and the soon-to-be-constituted GSTAT to multiply the benefits.
— Identifying Covered Cases:
It’s also worth identifying all cases where the point of law has been settled by the Hon’ble Supreme Court. Both the department and taxpayers can proactively withdraw such appeals, freeing up judicial resources to focus on new and unresolved issues and saving legal costs for all parties involved.
Ref. C.C.E. AND S.T., SURAT I vs BILFINDER NEO STRUCTO CONSTRUCTION LTD.
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