Indirect Tax Dispute Resolution Scheme allows appellants to settle disputed duties by declaration, payment and obtain immunity. The Scheme allows appellants pending before the Commissioner (Appeals) as on 1 March 2016 to file a declaration to a designated authority by 31 December 2016, pay tax, interest and 25% of the penalty within prescribed timeframes, and obtain an order of discharge. Receipt of payment leads to disposal of the appeal and immunity from further proceedings in respect of the declared dispute; payments are non refundable and discharge orders are not orders on merits. The Scheme lists specified exclusions and authorises rules and forms for implementation.
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.
Indirect Tax Dispute Resolution Scheme allows appellants to settle disputed duties by declaration, payment and obtain immunity.
The Scheme allows appellants pending before the Commissioner (Appeals) as on 1 March 2016 to file a declaration to a designated authority by 31 December 2016, pay tax, interest and 25% of the penalty within prescribed timeframes, and obtain an order of discharge. Receipt of payment leads to disposal of the appeal and immunity from further proceedings in respect of the declared dispute; payments are non refundable and discharge orders are not orders on merits. The Scheme lists specified exclusions and authorises rules and forms for implementation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
