Procedure for availing the vces scheme

Procedure for availing the VCES scheme
Replies (2)

Step 1
If the declarant  is not registered, then he is first required to get himself registered and then apply for this scheme.


Step 2
After registration, the declarant shall make a declaration in Form VCES-1 to the designated authority (AC/DC Technical, Head quarter office) on or before 31.12.2013.
 

Step 3
On receipt of Form VCES- 1, the designated authority will issue acknowledgement ofdeclaration in Form VCES-2 within 7 working days from the date of receipt of declaration.
 

Step 4
The declarant is required to pay not less than 50% of tax dues by 31st December 2013. Balance by 30th June 2014 and if not paid, can be paid by 31st December, 2014 alongwith interest from 1st July 2014.
Cenvat credit cannot be utilized for payment of dues (Rule 6(2)).
Amount paid shall not be refundable.

 

Step 5
On full payment of taxes, the designated authority will issue acknowledgement of discharge in VCES-3 within 7 working days from the date of furnishing of details of tax dues paid in full, along with interest if any. Last date for payment of first installment of 50% of total tax dues is 31.12.2013 and balance amount by 30.06.2014 or 31.12.2014 (with interest)

sir, i want to ask a query related to VCES, 2013, If we deposited the tax dues amount before submitting the VCES-1 to designated authority, now can we take the claim of deposited amount in VCES scheme?? plz tell me sir

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