https://www.taxtmi.com/caselaws?id=762778 Under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, the amount payable was confined to the prescribed percentage of the disputed excise duty, and redemption fine was not to be treated as outside the Scheme's relief where the duty component had been settled. The Bombay HC analysis noted that once the covered tax dues were discharged, no further duty, interest, penalty, or fine could survive in respect of that dispute, and redemption fine was treated as akin to penalty for this purpose. Rejection of the declaration on the footing that redemption fine was excluded was therefore contrary to the governing interpretation, and the declaration could not be denied on that ground. en-us Fri, 06 Dec 2024 00:00:00 +0530 Sat, 07 Dec 2024 08:14:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762778 Under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, the amount payable was confined to the prescribed percentage of the disputed excise duty, and redemption fine was not to be treated as outside the Scheme's relief where the duty component had been settled. The Bombay HC analysis noted that once the covered tax dues were discharged, no further duty, interest, penalty, or fine could survive in respect of that dispute, and redemption fine was treated as akin to penalty for this purpose. Rejection of the declaration on the footing that redemption fine was excluded was therefore contrary to the governing interpretation, and the declaration could not be denied on that ground. Case-Laws Service Tax Fri, 06 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762778