Sabka Vishwas Scheme – Amount in arrears – Deposits to be adjusted after determination of amount payable

Solamalai Automobiles Private Limited vs The Designated Committee (Madras High Court) The Madras High Court has held that for cases falling under ‘Amount in arrears’ category under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, the deposits  should   be adjusted after the determination of the amount payable. Department’s contention that the sum paid was to be deducted first and the amount payable was to be computed thereafter, as endorsed by CBIC Circular bearing F. No. 867/78/2019-CX-8, dated 25-09-2019, was thus rejected. The Court was of the view that Section 124(2) sh...