Can you explain your case, so that we can explain the applicability of limit in your case.
"The RA may pass an order on any point which has not been raised and decided in an appeal before AA/Tribunal/High Court/ Supreme Court, before the expiry of a period of 1 year from the date of the order in such appeal or before the expiry of period of 3 years from the date of initial order, which ever is larer" Not able to understand this time limit. Please help.
I am a CA Final student. I didn't understand the provision, Please help. Thanks in advance.
Hi,
You will need to be more specific in your question in order for us to revert suitably .
Regards,
Nikhil.
Hi Sir, The Revision Authority (GST) cannot exercise the power of revision if, the order has been subject to an appeal before AA or Tribunal or High Court and Supreme Court. The RA may pass an order on any point which has not been raised and decided in an appeal before AA/Tribunal/High Court/ Supreme Court, before the expiry of a period of 1 year from the date of the order in such appeal or before the expiry of period of 3 years from the date of initial order, which ever is later. ( CA FInal IDT Module 3 pg 22.10) Note able to understand the time limit within which the RA can pass order. Kindly clarify
Suppose lower authority passed on order on 1.1.2018 and the Tribunal passed its verdict against that order in 1.1.2019, then the time limit for revision (for the issues which was not decided by tribunal) will be later of the following:
1. three years from 1.1.2018 (i.e. 31 December 2020) or
2. one year from 1.1.2019 (i.e. 31 December 2019)
In the above case time limit will be 31 December 2020.