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Government Notifies the Rules, Forms and clarifies the procedure scope of Service Tax Dispute Resolution Scheme

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....overnment Notifies the Rules, Forms and clarifies the procedure scope of Service Tax Dispute Resolution Scheme <br>News and Press Release<br>Dated:- 5-6-2008<br><BR>The Dispute Resolution Scheme, 2008....

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.... has been notified vide Chapter VI of the Finance Act, 1994. This compounding scheme has been notified as a one time measure for quick resolution of disputes. (a) involving small service tax amounts ....

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....upto Rs 25000; and (b) involving non-recovery of penalty or interest. However, cases involving non-payment of service tax after having collected the same from client/customer are not included in the....

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.... Scheme. To give effect to the provisions of the Scheme: 1. Central Government has notified (notification no. 28/2008 dated 4-6-2008) the Rules and Forms for the purpose of Service Tax Resolution S....

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....cheme 2. Issued a circular 102 /5/2008-ST dated 4-6-2008clarified the scope of the scheme with illustrated examples<BR> News - Press release - PIB....