There are at least 36 tribunals for settling various administrative and tax-related disputes, including Central Administrative Tribunal (CAT), Income Tax Appellate Tribunal (ITAT), Customs Excise and Service Tax Appellate Tribunal (CESTAT), Competition Appellate Tribunal (COMPAT) and Securities Appellate Tribunal (SAT), among others.
In such major policy issues involving statutory provisions, once the recommendations of designated IMG are received, the same are examined at the competent level keeping all aspects in mind and appropriate decision is taken in larger public interest, he said in a written reply in Lok Sabha.
"IMG shall study a report in this regard prepared by Indian Law Institute and shall look into the comments received from various ministries or departments to give its suggestion on this issue," he said.