VCES

Rejection Order passed by Designated Authority under VCES is appealable

Service Tax - Whether an appeal under Section 85 of the Finance Act, 1994) would lie as against the Rejection Order of declaration passed by the Designated Authority under the Voluntary Compliance Encouragement Scheme, 2013 ....

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Taxes paid on or after Match 1, 2013 would be eligible for VCES even if paid before May 10, 2013

Service Tax - Sadguru Construction Co. (the Petitioner)is a partnership firm engaged in the business of construction. On March 8, 2013, preventive officers of the Service Tax Department conducted inquiry at the premises of the Petitioner regarding unpaid Service tax dues....

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VCES Scheme – Pendency of Audit as on 01.03.2013 – One more ground to deny relief

Service Tax - Recent Issue under Service Tax-Amnesty Scheme 2013- Whether it can be said that Audit was pending as on 01.03.13, if Audit Para was not determined and/ liability was also not quantified till 01.03.13...

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Service Tax paid after March 1, 2013 but before enactment of VCES on May 10, 2013 – Should be considered as paid under VCES

Service Tax - Service Tax paid after March 1, 2013 but before enactment of VCES on May 10, 2013 – Should be considered as paid under VCES We are sharing with you an important judgment of the Hon’ble Gujarat High Court in the case of Sadguru Construction Co. Vs. Union of India  on the following issue:...

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Clarification regarding availment of CENVAT credit of tax dues paid under VCES, 2013

Service Tax - A clarification was sought as to whether the first instalment of tax dues paid (Minimum 50% of tax dues) under the Service Tax Voluntary Compliance Encouragement Scheme, 2013 would be available as Cenvat Credit immediately after payment or only after payment of tax dues in full and receipt of acknowledgement of discharge certificate in f...

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CAG criticises Service Tax VCES, 2013

Service Tax - The Performance Audit of CAG revealed deficiencies in the design and enabling provisions of the Service Tax Voluntary Compliance Encouragement Scheme, 2013 (VCES), non-compliance to provisions prescribed in various stages and inadequacies in tax administration ...

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Issues under Voluntary Compliance Encouragement Scheme, 2013

Service Tax - As you may be aware, Voluntary Compliance Encouragement Scheme, 2013 was introduced vide Chapter VI of the Finance Bill, 2013, to encourage voluntary compliance by the assessees who have failed to pay 'tax dues' for the period 01.10.2007 to 31.12.2012 without interest, penalty and other legal proceedings including prosecution. The assess...

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VCES Scheme Successful? Seems to be be

Service Tax - CA Sandeep Kanoi As per the Government Officials they have collected nearly 5500 Crores till 29.12.2013 under the Voluntary Compliance Encouragement Scheme 2013 and it is  said by some official that final figure for VCES is in excess of Rs. 8000 Crore . As per CBEC Results Framework Document (RFD) for  2013-2014 the combined total [&hel...

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Service Tax Offices Open on 28.12.2013 & 29.12.2013

Service Tax - December 27,2013 In terms of Section 107(1) of the Finance Act, 2013, the last date for filing declaration under Voluntary Compliance Encouragement Scheme is on or before 31.12.2013. In order to enable trade & industry to file declarations well in time before 31.12.2013, and also to avoid last minute rush, all the offices handling Ser...

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Handbook on Service Tax VCES, 2013

Service Tax - Further, the Committee, continuing with its efforts to update the members and also to partner the Government in its initiative, has come out with Handbook on Service Tax Voluntary Compliance Encourage Scheme, 2013. The Handbook has been hosted on Indirect Taxes Committee page of ICAI website and can be downloaded from http://220.227.161.8...

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VCES 2013: Even 6 days delay cannot be condoned

M/s Kasmisons Builders Private Limited Vs Assistant Commissioner of Service Tax (Kerala High Court) - HC held that Voluntary Compliance Encouragement Scheme (VCES) was in the nature of an Amnesty Scheme and, therefore, its provisions have to be strictly interpreted. Infact, the scheme was a settlement between the assessee and the department and from the terms of the settlement neither party can be p...

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VCES application rejection for Delay or Short Payment of taxes valid – HC

Ramilaben Bharatbhai Patel Vs Union of India (Gujarat High Court) - The High Court of Ahmedabad held in the case of Ramilaben Bharatbhai Patel v. Union of India that in exercise of writ jurisdiction, the High Court does not have power to waive or relax the condition of depositing 50% of tax dues by December 31, 2013 under the Service Tax Voluntary Compliance Encoura...

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Sadguru Construction Co. Vs. Union of India (Gujrat High Court)

Sadguru Construction Co & 1 Vs Union Of India & 2 (Gujarat High Court) - Petitioners have challenged an order dated 31.12.2013 passed by the Deputy Commissioner of Service Tax, Rajkot as a designated authority under the Service Tax Voluntary Compliance Encouragement Scheme...

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Issue of Discharge Certificate under VCES and availment of CENVAT credit – Clarification

Circular No. 176/2/2014 - ST - (20/01/2014) - Trade and Industry has sought clarification as to whether the first installment of tax dues paid under Voluntary Compliance Encouragement Scheme (VCES), 2013 would be available as Cenvat Credit immediately after payment or Cenvat credit can be availed only after payment of tax dues in full and recei...

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VCES – No Declaration for Period not covered by Scheme, Installment Payment Possible

F. No. B1/19/2013-TRU (Pt.) - (11/12/2013) - In one instance, the Designated Authority has asked a declarant, who has “tax dues” only for a part of the period covered by the Scheme, to furnish an undertaking that he had no unpaid “tax dues” for the remaining period covered by the Scheme....

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Clarifications on Service Tax Voluntary Compliance Encouragement Scheme (VCES)

Circular No.174/9/2013 – ST - (25/11/2013) - The Service Tax Voluntary Compliance Encouragement Scheme (VCES) has come into effect from 10.5.2013. Most of the issues raised with reference to the Scheme have been clarified by the Board vide circular Nos. 169/4/2013-ST, dated 13.5.2013 and No. 170/5/2013-ST, dated 8.8.2013....

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Clarification Service Tax Voluntary Compliance Encouragement Scheme

Circular No. 170/5 /2013 - ST - (08/08/2013) - The Service Tax Voluntary Compliance Encouragement Scheme (VCES) has come into effect from 10.5.2013. Some of the issues raised with reference to the Scheme have been clarified by the Board vide circular No. 169/4/2013-ST, dated 13.5.2013. Subsequently, references have been received by the Board se...

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Appointment of Designated Authority for Service Tax Voluntary Compliance Encouragement Scheme

TRADE NOTICE NO. 04/13-14-ST-I - (27/05/2013) - The Service Tax Voluntary Compliance Encouragement Scheme 2013 was introduced in the Budget 2013-14. The Scheme has since been notified w.e.f. 10th May, 2013. The specifics of the Scheme are contained in Chapter VI of the Finance Act, 1994. A detailed Notification No. 10/2013-ST date 13.05.2013 has ...

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Recent Posts in "VCES"

CAG criticises Service Tax VCES, 2013

The Performance Audit of CAG revealed deficiencies in the design and enabling provisions of the Service Tax Voluntary Compliance Encouragement Scheme, 2013 (VCES), non-compliance to provisions prescribed in various stages and inadequacies in tax administration ...

Read More
Posted Under: Service Tax |

VCES 2013: Even 6 days delay cannot be condoned

M/s Kasmisons Builders Private Limited Vs Assistant Commissioner of Service Tax (Kerala High Court)

HC held that Voluntary Compliance Encouragement Scheme (VCES) was in the nature of an Amnesty Scheme and, therefore, its provisions have to be strictly interpreted. Infact, the scheme was a settlement between the assessee and the department and from the terms of the settlement neither party can be permitted to retract....

Read More

Issues under Voluntary Compliance Encouragement Scheme, 2013

As you may be aware, Voluntary Compliance Encouragement Scheme, 2013 was introduced vide Chapter VI of the Finance Bill, 2013, to encourage voluntary compliance by the assessees who have failed to pay 'tax dues' for the period 01.10.2007 to 31.12.2012 without interest, penalty and other legal proceedings including prosecution. The assess...

Read More
Posted Under: Service Tax |

Rejection Order passed by Designated Authority under VCES is appealable

Whether an appeal under Section 85 of the Finance Act, 1994) would lie as against the Rejection Order of declaration passed by the Designated Authority under the Voluntary Compliance Encouragement Scheme, 2013 ....

Read More
Posted Under: Service Tax |

Taxes paid on or after Match 1, 2013 would be eligible for VCES even if paid before May 10, 2013

Sadguru Construction Co. Vs. Union of India

Sadguru Construction Co. (the Petitioner)is a partnership firm engaged in the business of construction. On March 8, 2013, preventive officers of the Service Tax Department conducted inquiry at the premises of the Petitioner regarding unpaid Service tax dues....

Read More
Posted Under: Service Tax |

VCES application rejection for Delay or Short Payment of taxes valid – HC

Ramilaben Bharatbhai Patel Vs Union of India (Gujarat High Court)

The High Court of Ahmedabad held in the case of Ramilaben Bharatbhai Patel v. Union of India that in exercise of writ jurisdiction, the High Court does not have power to waive or relax the condition of depositing 50% of tax dues by December 31, 2013 under the Service Tax Voluntary Compliance Encouragement Scheme, 2013....

Read More

VCES Scheme – Pendency of Audit as on 01.03.2013 – One more ground to deny relief

Recent Issue under Service Tax-Amnesty Scheme 2013- Whether it can be said that Audit was pending as on 01.03.13, if Audit Para was not determined and/ liability was also not quantified till 01.03.13...

Read More
Posted Under: Service Tax |

Service Tax paid after March 1, 2013 but before enactment of VCES on May 10, 2013 – Should be considered as paid under VCES

Service Tax paid after March 1, 2013 but before enactment of VCES on May 10, 2013 – Should be considered as paid under VCES We are sharing with you an important judgment of the Hon’ble Gujarat High Court in the case of Sadguru Construction Co. Vs. Union of India  on the following issue:...

Read More
Posted Under: Service Tax |

Sadguru Construction Co. Vs. Union of India (Gujrat High Court)

Sadguru Construction Co & 1 Vs Union Of India & 2 (Gujarat High Court)

Petitioners have challenged an order dated 31.12.2013 passed by the Deputy Commissioner of Service Tax, Rajkot as a designated authority under the Service Tax Voluntary Compliance Encouragement Scheme...

Read More

Clarification regarding availment of CENVAT credit of tax dues paid under VCES, 2013

A clarification was sought as to whether the first instalment of tax dues paid (Minimum 50% of tax dues) under the Service Tax Voluntary Compliance Encouragement Scheme, 2013 would be available as Cenvat Credit immediately after payment or only after payment of tax dues in full and receipt of acknowledgement of discharge certificate in f...

Read More
Posted Under: Service Tax |
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