https://www.taxtmi.com/caselaws?id=410868 Redemption fine payable in lieu of confiscation was treated as falling within the expression "penalty" in section 129 of the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, because confiscation operates as a penalty in rem and the Scheme contained no express exclusion of such fine. The Court held that the Designated Committee could not insist on payment of redemption fine as an additional pre-condition for issuing the Discharge Certificate. Reliance on departmental flyers and estoppel was rejected, and the Board's communication dated 20.12.2019 was noted as consistent with this interpretation. The settlement amount under the Scheme was therefore sufficient for closure of the dispute. en-us Fri, 06 Aug 2021 00:00:00 +0530 Wed, 02 Mar 2022 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410868 Redemption fine payable in lieu of confiscation was treated as falling within the expression "penalty" in section 129 of the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, because confiscation operates as a penalty in rem and the Scheme contained no express exclusion of such fine. The Court held that the Designated Committee could not insist on payment of redemption fine as an additional pre-condition for issuing the Discharge Certificate. Reliance on departmental flyers and estoppel was rejected, and the Board's communication dated 20.12.2019 was noted as consistent with this interpretation. The settlement amount under the Scheme was therefore sufficient for closure of the dispute. Case-Laws Service Tax Fri, 06 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410868