Acknowledgement under section 214 requires prompt payment of dues with interest and additional penalty and submission of prescribed proof. Form 2 is the designated authority's acknowledgement for a declaration under the Indirect Tax Dispute Resolution Scheme, directing the declarant to pay ... Summary
Acknowledgement under section 214 requires prompt payment of dues with interest and additional penalty and submission of prescribed proof.
Form 2 is the designated authority's acknowledgement for a declaration under the Indirect Tax Dispute Resolution Scheme, directing the declarant to pay outstanding tax dues with interest and an additional penalty tied to the penalty in the original order, within a short prescribed period, and requiring subsequent submission of an intimation and proof of payment in the prescribed form.
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