FORM 2 - CERTIFICATE FOR FULL AND FINAL SETTLEMENT OF TAX ARREARS UNDER SECTION 96 (2) OF THE FINANCE ACT, 2008 IN RESPECT OF DISPUTE RESOLUTION SCHEME, 2008
Dispute Resolution Scheme Rules, 2008
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Full and final settlement under dispute resolution scheme grants immunity from penalty upon payment and withdrawal of challenges. The certificate records that the designated authority has determined the tax arrears on a declarant's submission, that the declarant has paid the sum ... Summary
Service Tax Dispute Resolution Scheme, 2008 (Chapter VI - of Finance Act, 2008)
Full and final settlement under dispute resolution scheme grants immunity from penalty upon payment and withdrawal of challenges.
The certificate records that the designated authority has determined the tax arrears on a declarant's submission, that the declarant has paid the sum determined, and-subject to Scheme provisions and proof of withdrawal of any judicial challenge-certifies receipt of payment towards full and final settlement and grants immunity from penalty under the finance legislation for matters covered by the declaration.
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