Voluntary compliance scheme offers declaration and payment route with immunity from penalty and interest for eligible taxpayers. The Scheme is a one time mechanism requiring persons who have not filed returns or paid service tax for the period from 1 October 2007 to 31 December 2012 to declare outstanding tax dues and pay them under the Scheme's provisions; participants who comply are granted immunities from penalty, interest and other proceedings under Chapter V of the Finance Act, 1994.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Voluntary compliance scheme offers declaration and payment route with immunity from penalty and interest for eligible taxpayers.
The Scheme is a one time mechanism requiring persons who have not filed returns or paid service tax for the period from 1 October 2007 to 31 December 2012 to declare outstanding tax dues and pay them under the Scheme's provisions; participants who comply are granted immunities from penalty, interest and other proceedings under Chapter V of the Finance Act, 1994.
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