Benefits of Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019:

♦ Relief from payment of tax dues to the extend of 50% to 70% of the tax dues depending on the amount of tax dues involved.

♦ Relief from payment of interest and penalty.

♦ Person discharged not be liable for prosecution.

Details Amount (In Rs) Relief
Tax dues relatable to SCN or appeal arising out of such SCN which is Pending as on 30.06.2019. < 50 lakhs 70% of tax dues.
> 50 lakhs 50% of tax dues.
Tax dues relatable to SCN for late fee or penalty only and the amount of duty has been paid or is nil. Entire amount of late fee or penalty.
Tax Dues are relatable to amount in arrears. < 50 lakhs 60% of the tax dues
> 50 lakhs 40% of the tax dues
Tax dues are linked to an enquiry, investigation or audit against the declarant and the amount quantified on or before 30th June. < 50 lakhs 70% of tax dues.
> 50 lakhs 50% of tax dues.
Tax dues are on account of voluntary disclosure by the declarant No relief

All persons shall be eligible to make a declaration under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 except-

  • Where appeal filed before the appellate forum AND final hearing has taken place on or before 30.06.2019.
  • Where SCN has been issued AND final hearing has taken place on or before 30.06.2019.
  • Who have been convicted for any offence under any provision for the matter for which he intends to file a declaration.
  • Who have been subjected to any enquiry or investigation or audit AND amount of duty involved has not been quantified on or before 30.06.2019.
  • Who have been issued a show cause notice for an erroneous refund or refund
  • A person making a voluntary disclosure
    • after being subjected to any enquiry or investigation or audit
    • having filed a return wherein he has indicated an amount of duty as payable, but has not paid it
  • Who have filed an application in the Settlement Commission
  • Seeking to make declarations with respect to excisable goods set forth in the Fourth Schedule to the Central Excise Act, 1944.

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