Form No. Form No. 150 - FORM OF ACKNOWLEDGEMENT UNDER SUB-SECTION (2) OF SECTION 214 OF THE FINANCE ACT, 2016 IN RESPECT OF INDIRECT TAX DISPUTE RESOLUTION SCHEME, 2016
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Indirect tax dispute resolution: acknowledgement requires payment with interest and penalty and submission of proof within specified periods. Acknowledgement under section 214(2) of the Finance Act, 2016 acknowledging receipt of a declaration filed under section 214(1) for the Indirect Tax Dispute Resolution Scheme, 2016, and directing the declarant to pay amounts due with applicable interest and an additional penalty within a prescribed short period; upon payment the declarant must furnish Form 3 with proof of payment to the designated authority within seven days, and the acknowledgement records reference, place, date, signature and official seal.
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: acknowledgement requires payment with interest and penalty and submission of proof within specified periods.
Acknowledgement under section 214(2) of the Finance Act, 2016 acknowledging receipt of a declaration filed under section 214(1) for the Indirect Tax Dispute Resolution Scheme, 2016, and directing the declarant to pay amounts due with applicable interest and an additional penalty within a prescribed short period; upon payment the declarant must furnish Form 3 with proof of payment to the designated authority within seven days, and the acknowledgement records reference, place, date, signature and official seal.
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