Tax Dispute Resolution: Pay Due Tax, Interest, and 25% Penalty Within 15 Days Under Clause 211, 2016 Scheme.

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....INDIRECT TAX DISPUTE RESOLUTION SCHEME, 2016 - Procedure for making declaration - Clause 211 of the Bill - The declarant shall pay tax due alongwith the interest thereon at the rate as provided in the Act and penalty equivalent to twenty-five per cent. of the penalty imposed in the impugned order, within fifteen days of the receipt of acknowledgement under sub-section (2)....