https://www.taxtmi.com/caselaws?id=433969 Under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, timely tender of the admitted amount in the prescribed electronic mode could not be defeated by delayed bank credit where Rule 7 was amended to allow payment on or before 30 June 2020. The procedural amendment was treated as applicable retrospectively, and the petitioners were found to have complied by tendering payment on 30 June 2020; the next-day credit was attributable to the banking mechanism, not any default by them. Accordingly, discharge under the scheme was due, and the penalty and recovery action were unsustainable. en-us Wed, 08 Feb 2023 00:00:00 +0530 Fri, 08 Sep 2023 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433969 Under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, timely tender of the admitted amount in the prescribed electronic mode could not be defeated by delayed bank credit where Rule 7 was amended to allow payment on or before 30 June 2020. The procedural amendment was treated as applicable retrospectively, and the petitioners were found to have complied by tendering payment on 30 June 2020; the next-day credit was attributable to the banking mechanism, not any default by them. Accordingly, discharge under the scheme was due, and the penalty and recovery action were unsustainable. Case-Laws Service Tax Wed, 08 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433969