2 thoughts on “CBIC issued FAQs on SABKA VISHWAS (LEGACY DISPUTE RESOLUTION) SCHEME, 2019

  • August 18, 2019 at 3:18 pm
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    In all eligible cases there is waiver of interest and penalty . In non voluntary cases there is rebate in taxes varying from 40% to 70% . But in voluntary cases there is no waiver in taxes also ITC is denied . This is unjust and unfair. To overcome this there should be some token waiver of say 10% that should be allowed. Government should act fairly and provide for rebate for voluntary cases also.

    Reply
    • August 28, 2019 at 8:26 am
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      Sir, It should be the way you are saying, but the benefit they are giving in this scheme is that in case of voluntary disclosure, no verification of duty will be made by the officials and on the payment of the amount, discharge certificate will be issued. (FAQ Ques no. 30)

      Reply

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