17264 Points
Joined December 2018
The Sabka Vishwas Scheme, 2019 is a scheme proposed in the Union Budget, 2019, and introduced to resolve all disputes relating to the erstwhile Service Tax and Central Excise Acts, which are now subsumed under GST, as well as 26 other Indirect Tax enactments (as listed below). The scheme will be for taxpayers who wish to close their pending disputes, with a substantial relief provided by the government.
These are the 26 enactments to which the Sabka Vishwas Scheme, 2019, also applies-
(i) The Agricultural Produce Cess Act,1940; (ii) The Coffee Act, 1942;
(iii) The Mica Mines Labour Welfare Fund Act, 1946;
(iv) The Rubber Act, 1947;
(v) The Salt Cess Act, 1953;
(vi) The Medicinal and Toilet Preparations (Excise Duties) Act, 1955;
(vii) The Additional Duties of Excise (Goods of Special Importance) Act, 1957;
(viii) The Mineral Products (Additional Duties of Excise and Customs) Act, 1958;
(ix) The Sugar (Special Excise Duty) Act, 1959;
(x) The Textiles Committee Act, 1963;
(xi) The Produce Cess Act, 1966;
(xii) The Limestone and Dolomite Mines Labour Welfare Fund Act, 1972;
(xiii) The Coal Mines (Conservation and Development) Act, 1974;
(xiv) The Oil Industry (Development) Act, 1974;
(xv) The Tobacco Cess Act, 1975;
(xvi) The Iron Ore Mines, Manganese Ore Mines and Chrome Ore Mines Labour Welfare Cess Act, 1976;
(xvii) The Bidi Workers Welfare Cess Act, 1976;
(xviii) The Additional Duties of Excise (Textiles and Textile Articles) Act, 1978;
(xix) The Sugar Cess Act, 1982;
(xx) The Jute Manufacturers Cess Act, 1983;
(xxi) The Agricultural and Processed Food Products Export Cess Act, 1985;
(xxii) The Spices Cess Act, 1986;
(xxiii) The Finance Act, 2004;
(xxiv) The Finance Act, 2007;
(xxv) The Finance Act, 2015;
(xxvi) The Finance Act, 2016;
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The scheme has been notified by the CBIC to come into force on the 1st of September, 2019, and shall be operational until the 31st of December, 2019.
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Student
23688 Points
Joined November 2017
In addition to Mr Kapadia Pravin Sir's reply :
As per the Provision of Section 122 clause (c) of Finance ( No. 2 ) Act 2019, the Central Government may specific more Indirect Tax Enactments by way of NOTIFICATION which shall be applicable under the Sabka Vishwas ( Legacy Dispute Resolution ) Scheme 2019.
In exercise of the above said powers, the Central Government has issued "Notification No. 06/2019 Central Excise ( N.T. ) " , dated 04th December 2019.
As per this Notification, the government has further notified the following "EIGHT ENACTMENTS" :
1). Cine-Workers Welfare Cess Act, 1981(30 of 1981).
2). Industries(Development and Regulation) Act, 1951 (65 of 1951).
3). Sugar Export Promotion Act, 1958 (30 of 1958).
4). Sugar (Regulation of Production) Act, 1961 (55 of 1961).
5). Tea Act, 1953 (29 of 1953).
6). Finance Act, 2001 (14 of 2001).
7). Finance Act, 2005 (18 of 2005).
8). Finance Act, 2010 (14 of 2010).
Therefore, 26 + 8 = 34 INDIRECT TAX ENACTMENTS (+) CENTRAL EXCISE Act (+) SERVICE TAX.
The Last date to opt for the Scheme is "31.12.2019." The date will not be extended further. So Hurry up. ONLY THREE DAYS LEFT.