TaxTMI 
TaxTMI 
Indirect Tax Dispute Resolution Scheme, 2016
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....and the members of the Trade is invited to Indirect Tax Dispute Resolution Scheme,2016 & ITDR Scheme Rules,2016 as notified by Notification No. 29/2016-CE (NT) dated 31.05.2016. 2. The Chapter Xl of the Finance Act, 2016 (28 of 2016) comprising of Section 212 to 218, is in respect of the Indirect Tax Dispute Resolution Scheme, 2016. The said scheme allows the party in appeal before the Commissio....
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....sixty days. (c) Form-3, is the form to be filed by the declarant giving the details of the amounts deposited by him as required under the scheme. Declarant has to deposit the sums required to be deposited by him within a fortnight of the receipt of the dated acknowledgement and report the details of deposit made within seven days of making the deposit to the designated authority. (d) Form-4,....
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....ribed. (3) 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) and intimate the designated authority within seven days of making such payment giving the details of payment made alon....
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....on of Corruption Act, 1988, or (e) any detention order has been passed under the Conservation of Foreign Exchange and Prevention of Smuggling Act, 1974. 5. According to para 3(3) of said Notification No. 29/2016-CE (NT) dated 31.05.2016 declaration under sub-rule (l) shall be furnished in duplicate to the" Designated Authority". As per clause (e) to sub-section (I) to Section 213 of th....