GST Appellate Tribunals likely to be besieged with appeals involving over ₹1 trillion

In what might be a game-changer for both the government and the industry, sources have told CNBC-TV18 that over one lakh appeals involving more than ₹1 lakh crore are expected to reach the GST Appellate Tribunals once it become functional.Sources share that "the government expects the Appellate Tribunals to be functional by April 2024." It is understood that both the government and the i…