Indirect Tax Dispute Resolution Scheme permits settlement by paying tax, interest and reduced penalty to secure discharge of dues. The Scheme permits a party in appeal on the cutoff date to file a declaration before the designated authority and obtain discharge by paying tax with interest and a penalty equal to 25% of the penalty in the impugned order, then intimating the designated authority with proof; on receipt the authority shall issue a prescribed discharge order within the specified timeframe.
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 permits settlement by paying tax, interest and reduced penalty to secure discharge of dues.
The Scheme permits a party in appeal on the cutoff date to file a declaration before the designated authority and obtain discharge by paying tax with interest and a penalty equal to 25% of the penalty in the impugned order, then intimating the designated authority with proof; on receipt the authority shall issue a prescribed discharge order within the specified timeframe.
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TaxTMI 
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TaxTMI 
