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<h1>Appeal Dismissed Due to Raised Rs.2 Crores Threshold for Indirect Taxes and Customs Cases per 2023 Finance Circular.</h1> The SC dismissed the appeal on the grounds of the increased monetary threshold of Rs.2 Crores for cases concerning indirect taxes and customs, following ... Monetary limit for appeals to the Supreme Court - jurisdictional threshold - indirect taxes and customs appeals - ministerial circular effect on maintainabilityMonetary limit for appeals to the Supreme Court - indirect taxes and customs appeals - ministerial circular effect on maintainability - Maintainability of the appeal in view of the revised monetary threshold prescribed by the Ministry of Finance circular dated 02.11.2023. - HELD THAT: - The Court recorded the submission of the Department that the circular dated 02.11.2023 issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes & Customs, has raised the monetary limit for matters before the Supreme Court to Rs.2 Crores, expressly including cases pertaining to indirect taxes and customs. On that basis the Court found that the present appeal falls within the scope of the revised monetary threshold and is not maintainable before this Court. The decision rests on the effect of the ministerial circular in altering the jurisdictional/monetary threshold applicable to indirect tax and customs appeals, leading to dismissal of the appeal for lack of requisite monetary jurisdiction.Appeal dismissed as not maintainable in view of the revised monetary limit prescribed by the 02.11.2023 circular; pending applications disposed of.Final Conclusion: The appeal was dismissed because the Ministry of Finance circular of 02.11.2023 raised the monetary threshold for Supreme Court adjudication to Rs.2 Crores for indirect taxes and customs matters, rendering the appeal not maintainable; ancillary applications were disposed of. The Supreme Court dismissed the appeal due to the raised monetary limit of Rs.2 Crores for matters related to indirect taxes and customs, as per the circular dated 02.11.2023 by the Ministry of Finance.
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