https://www.taxtmi.com/caselaws?id=401089 The article examines whether a circular and the SVLDRS-3 computation were consistent with the Finance (No. 2) Act, 2019 in calculating relief under Section 124(1)(c) on the net outstanding amount and in adjusting pre-deposits while determining the balance payable. It explains that the statutory definitions of "amount in arrears" and "amount payable" under Section 121, together with the relief mechanism in Section 124, were applied to take the arrears from the order-in-original after appropriating amounts already deposited. On that basis, the designated committee's computation of relief and the balance payable was treated as not apparently contrary to the Act, and no error in the SVLDRS-3 computation was identified. No final adjudication was made. en-us Mon, 23 Nov 2020 00:00:00 +0530 Fri, 27 Nov 2020 10:13:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401089 The article examines whether a circular and the SVLDRS-3 computation were consistent with the Finance (No. 2) Act, 2019 in calculating relief under Section 124(1)(c) on the net outstanding amount and in adjusting pre-deposits while determining the balance payable. It explains that the statutory definitions of "amount in arrears" and "amount payable" under Section 121, together with the relief mechanism in Section 124, were applied to take the arrears from the order-in-original after appropriating amounts already deposited. On that basis, the designated committee's computation of relief and the balance payable was treated as not apparently contrary to the Act, and no error in the SVLDRS-3 computation was identified. No final adjudication was made. Case-Laws Service Tax Mon, 23 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401089