Vces scheme

There is no required for extra document for depositing service tax duty. Only calcualtion sheet and deposit GAR-7 and also required a receipts whichis submitted in the Dept.

As per declared amount in VCES - 2, 50% such amount declared you would have deposited.

Now you can deposit remaining 50% with in 30th June 2014. After depoist of the same you can intimate to juridictional VCES authoratative perion at dept. with Payment covering letter , ST deposited challen and VCES - 2 (Photocopy) and request him to issue VCES - 3 which is conclusive document in case of VCES scheme.

Only the Balance Amount as shown in VCES-2 issued by the deparment shall be paid on or before 30-06-2014 (without interest) or upto 31-12-2014 (with interest from 01-07-14 onwards). The GAR-7 Challan is to be submitted to the deparment.

Thanks all

Dear Sir,

what step should be taken if VCES 3 is not received in 7 days. In our firm, We have submitted around 13 Vces Cases. all the vces parties has made the full payment before 30/06/2014 and we submitted the relevent documents to dept before 30/06/2014. After 1 month we received notices from our 7 clients regarding submission of supporting documents. we submitted such documents within prescribed time. but till 30/09/2014 we have not received any VCES 3 regarding such parties. in other 6 cases we have received VCES 3 within 30 days of submission. but in case of above 7 parties no VCES 3 till date?can dept. delay issuance of VCES 3 ?

Kindly guide us.

Dear Ashish,

As per section 111, 

 Where the Commissioner of Central Excise has reasons to believe that the declaration made by a declarant under this Scheme was substantially false, he may, for reasons to be recorded in writing, serve notice on the declarant in respect of such declaration requiring him to show cause why he should not pay the tax dues not paid or short-paid.

(2)        No action shall be taken under sub-section (l) after the expiry of one year from the date of declaration.

(3)        The show cause notice issued under sub-section (l) shall be deemed to have been issued under section 73, or as the case may be, under section 73A of the Chapter and the provisions of the Chapter shall accordingly apply.

And Further, As per Rule 7 "