Effective from 1st September 2019 ( Notification link ) Objectives • One time measure for liquidation of past disputes of 29 enactments including Excise, Service Tax, Sugar Cess, Salt Cess, tobacco cess enactments etc. • To provide an opportunity for voluntary disclosure to non-compliant taxpayers. Cases covered under the Scheme • A show-cause notice or appeals arising out of a show-cause notice pending as on the 30th day of June 2019 • An amount in arrears • An enquiry, investigation or audit where the amount is quantified on or before the 30th day of June 2019 • A voluntary disclosure Exclusions from the Scheme • Cases in respect of excisable goods set forth in the Fourth Schedule to the Central Excise Act, 1944 (this includes tobacco and specified petroleum products) • Cases for which the taxpayer has been convicted under the Central Excise Act, 1944 or the Finance Act, 1944 • Cases involving erroneous refunds • Cases pending before the Set
I am practising Chartered Accountant registered under the Chartered Accountant Act, 1949 with a vision to providing Auditing & assurance, Appellate representations, Direct Tax consultancy, Indirect Tax Consultancy, Corporate Law & allied services, Business Consultancy.