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Business

Interactive Session cum Presentation on “Sabka Vishwas (Legacy Dispute Resolution) Scheme” on Oct 16 

by TLN Team October 13, 2019October 14, 2019
written by TLN Team October 13, 2019October 14, 2019
Interactive Session cum Presentation on “Sabka Vishwas (Legacy Dispute Resolution) Scheme” on Oct 16 

VIA Taxation & Corporate Law Forum is organising an interactive Session cum Presentation on “Sabka Vishwas (Legacy Dispute Resolution) Scheme” in presence of Shri P K Agrawal, Principal Chief Commissioner of Central GST on Wednesday, 16th October 2019 from 4 pm at VIA Auditorium, Udyog Bhawan, Civil Lines Nagpur.

Recently Hon’ble Finance Minister, Ms Nirmala Sitharaman, while presenting the Finance Budget on 5th July, 2019 announced a new amnesty scheme called ‘SabkaViswas (Dispute Resolution) Scheme 2019. The present articles present the applicability, eligibility and relief available in the ‘SabkaViswas (Dispute Resolution) Scheme 2019. 

The objective of organising this session is to encourage voluntary disclosure of past disputes of Central Excise, Service-Tax and 26 other Indirect-tax enactments; to facilitate an eligible person to declare the unpaid tax dues and pay the same as per provisions of this scheme; to provide certain immunities, including penalty, interest or any other proceedings including prosecution, to eligible persons who pay the declared tax dues. The scheme comes with a validity of 4 months starting from September 1, 2019 to December 31, 2019. 

The Sabka Vishwas (Legacy Dispute Resolution) Scheme is a one-time measure which not only allows entire waiver of interest and penaltiles but also waiver from tax dues upto 70% depending upon the nature of dispute and its pendency at various stages.

If members, industrial fraternity, trade and professionals having any query related to this scheme may send their query to VIA viangpindia@gmail.com in advance.

For details and registration contact CA Sachin Jajodia, Convener of VIA Taxation & Corporate Law Forum (9822472255) or VIA : 2561211.

The program is open for members, industrial fraternity, trade and professionals, says a press note issued by Ashok Chandak, Chairman of VIA Taxation & Corporate Law Forum.

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