Indirect tax dispute resolution scheme enables settlement of pending appeals through payment of tax, interest and reduced penalty. The Indirect Tax Dispute Resolution Scheme, 2016 permits settlement of indirect tax disputes pending as appeals before the Commissioner (Appeals) by ... Summary
Indirect tax dispute resolution scheme enables settlement of pending appeals through payment of tax, interest and reduced penalty.
The Indirect Tax Dispute Resolution Scheme, 2016 permits settlement of indirect tax disputes pending as appeals before the Commissioner (Appeals) by filing a declaration and paying outstanding tax and interest together with a reduced portion of the penalty; key definitions include Act, declarant, designated authority and impugned order, and undefined terms follow meanings in the Acts and rules.
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