Vces

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Could anyone explain VCES??
Replies (6)

Have a look at the attachment

have a lokk at the attachment

Dear Aleena,

Can you be more specific what exactly do you want to know about VCES? The scheme has ended on 31-12-2013 for new applications and no new declaration can be given under the scheme.

VCES WAS A SCHEME BY WHICH....

SERVICE TAX LIABILITY FROM 2007-2012 CAN BE SETTLED BY DISCLOSING ALL LIABILITIES FOR THE SAID 5 YEAR.

LAST DATE 31.12.2013 , VCES 1 TO BE FILED ALONG WITH 50% AMOUNT .

NEXT 50% SHALL BE PAID BEFORE JUNE 30.

VCES 2 WILL BE PROVIDED BY DEPARTMENT ONCE THEY ACCEPT IT.

IT WAS A GOLDEN OPPORTUNITY FOR THOSE WHO WERE NOT UPDATE WITH SERVICE TAX REGISTRATION, DUES, RETURNS ETC.

ABOUT 5500 CRORES RUPEES WAS COLLECTED UNDER THIS SCHEME.

Can I go now forVCES now last date 31.12.13 but we are not aware of that can it is possible now.

Rakesh varma...

Last date is over....


CCI Pro

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