Demand to reduce pre deposit amount to GST

In a bid to boost the overall business tempo, the All India Tax Advocates Forum (AITAF) has urged the Finance Minister to reduce the upper limit of 'pre-deposit' for the filing of an appeal to Appellate Authority and Appellate Tribunal to Rs 10 crore under the GST rules. "We strongly suggest that the pre-deposit amount under the GST should be fixed at 7.5 per cent at first stage of appeal and…