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of <h1>Indian Govt Introduces Indirect Tax Dispute Resolution Scheme 2016: Simplified Process and Immunity from Future Proceedings.</h1> The Indirect Tax Dispute Resolution Scheme Rules, 2016, effective from June 1, 2016, were established under the Finance Act, 2016 by the Indian government to facilitate the resolution of indirect tax disputes. The scheme outlines the process for making declarations, including the submission of Form 1 for the amount payable, verification, and acknowledgment by the designated authority. Declarants must report deposits using Form 3, and upon verification, the designated authority issues an order of discharge in Form 4. This order certifies payment receipt and grants immunity from further proceedings related to the declared dispute.
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