Declaration under Indirect Tax Dispute Resolution Scheme suspends appeal proceedings and mandates prescribed forms and deposit compliance. Taxpayers with appeals pending before the Commissioner (Appeals) on 1 March 2016 may file a declaration under the Indirect Tax Dispute Resolution Scheme (Chapter XI, Finance Act, 2016). The scheme prescribes Form 1 (declaration), Form 2 (acknowledgement by the Designated Authority) whose issuance suspends appeal proceedings for sixty days, Form 3 (details of deposits) and Form 4 (order discharging dues). Declarants must deposit required sums within a fortnight of the dated acknowledgement and report the deposit within seven days. Shri Roy Joseph is nominated as the Designated Authority for Chennai VIII.
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.
Declaration under Indirect Tax Dispute Resolution Scheme suspends appeal proceedings and mandates prescribed forms and deposit compliance.
Taxpayers with appeals pending before the Commissioner (Appeals) on 1 March 2016 may file a declaration under the Indirect Tax Dispute Resolution Scheme (Chapter XI, Finance Act, 2016). The scheme prescribes Form 1 (declaration), Form 2 (acknowledgement by the Designated Authority) whose issuance suspends appeal proceedings for sixty days, Form 3 (details of deposits) and Form 4 (order discharging dues). Declarants must deposit required sums within a fortnight of the dated acknowledgement and report the deposit within seven days. Shri Roy Joseph is nominated as the Designated Authority for Chennai VIII.
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