GST Certification Course

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

In the Finance Act, 19-20, the Central Government has introduced a dispute resolution scheme called Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 with an objective to settle the duty/tax (service tax and central excise) disputes pending at various stages. The salient features of the scheme is as under 1. Tax/duty disputes pending at various stages (Adjudication, Commissioner (Appeals), CESTAT, HC & SC) 2. Tax/duty arrears against the order which has reached finality or has not been appealed· 3. Voluntary disclosure of the tax/duty to be paid. (100 % tax/duty to be paid) can be settled by making the partial payment (i.e, 30%, 40%, 50%, 60% - depending on the stage at which the case is pending) of duty/tax under dispute, with a complete waiver of Interest and penalties. The attached file gives a broad picture of how the scheme works #pdf
172 times
157 KB

Download Other files in Union Budget category

Trending Downloads

GST Course
caclubindia books caclubindia books

Popular Files

Browse by Category