https://www.taxtmi.com/caselaws?id=449819 Under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, the amount payable had to be computed after giving credit for all deductible pre-deposits and other deposits already made in relation to the same service tax demand. The Madras HC noted that the declared tax due was accepted and that Section 124 required deduction of sums already deposited before issuing the statement of amount payable. Because Form SVLDRS-3 excluded part of the deposits made both before and after declaration, the computation was held erroneous. The payable amount was therefore directed to be recomputed with full credit for the deductible deposits, and the matter was to be closed on payment of the revised amount with interest. en-us Thu, 18 Jan 2024 00:00:00 +0530 Tue, 20 Feb 2024 20:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449819 Under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, the amount payable had to be computed after giving credit for all deductible pre-deposits and other deposits already made in relation to the same service tax demand. The Madras HC noted that the declared tax due was accepted and that Section 124 required deduction of sums already deposited before issuing the statement of amount payable. Because Form SVLDRS-3 excluded part of the deposits made both before and after declaration, the computation was held erroneous. The payable amount was therefore directed to be recomputed with full credit for the deductible deposits, and the matter was to be closed on payment of the revised amount with interest. Case-Laws Service Tax Thu, 18 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449819