Can GST Act Timelines Be Relaxed For Bonafide Errors? Supreme Court Appoints Amicus Curiae, Issues Notice To CBIC

The Supreme Court has appointed an amicus curiae and issued a notice to the CBIC to address the question of whether GST Act timelines can be relaxed for bona fide errors. The court is considering the possibility of allowing extensions for correcting genuine mistakes in GST filings. This action underscores the court's concern for fairness and equity in tax administration. The court's decision could lead to more flexible rules for GST compliance.