Voluntary Compliance Scheme allows regularisation of unpaid service tax with structured payments and immunity from penalties upon full payment. The VCES 2013 allows persons with unpaid service tax for 1 October 2007-31 December 2012 to declare dues to a Designated Authority in prescribed form, pay at least fifty percent by the declaration deadline and the balance by prescribed dates with interest for delay; CENVAT credit cannot be used for scheme payments. On full payment and issuance of an acknowledgement of discharge, the declarant obtains immunity from penalty, interest or other proceedings under the Chapter, and the declaration becomes conclusive; payments are non refundable.
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 allows regularisation of unpaid service tax with structured payments and immunity from penalties upon full payment.
The VCES 2013 allows persons with unpaid service tax for 1 October 2007-31 December 2012 to declare dues to a Designated Authority in prescribed form, pay at least fifty percent by the declaration deadline and the balance by prescribed dates with interest for delay; CENVAT credit cannot be used for scheme payments. On full payment and issuance of an acknowledgement of discharge, the declarant obtains immunity from penalty, interest or other proceedings under the Chapter, and the declaration becomes conclusive; payments are non refundable.
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