Definition of amount payable clarifies calculation and declarant eligibility under the Sabka Vishwas settlement framework. This Scheme prescribes defined meanings for principal terms governing declarations and relief: amount declared, amount estimated, amount in arrears, amount of duty and amount payable (tax dues less tax relief as determined by the designated committee). It specifies actor and procedural definitions-declarant, declaration, designated committee, statement, and discharge certificate-distinguishes audit from enquiry or investigation, and adopts undefined terms from the indirect tax enactments consistent with the Scheme.
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Provisions expressly mentioned in the judgment/order text.
Definition of amount payable clarifies calculation and declarant eligibility under the Sabka Vishwas settlement framework.
This Scheme prescribes defined meanings for principal terms governing declarations and relief: amount declared, amount estimated, amount in arrears, amount of duty and amount payable (tax dues less tax relief as determined by the designated committee). It specifies actor and procedural definitions-declarant, declaration, designated committee, statement, and discharge certificate-distinguishes audit from enquiry or investigation, and adopts undefined terms from the indirect tax enactments consistent with the Scheme.
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