Tax Management India. Com
                        Law and Practice: A Digital eBook ...

Category of Documents

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Manuals SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 
Discussions Forum
Home Forum Other Topics This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Sabka Vikas scheme, Other Topics

Issue Id: - 115732
Dated: 1-12-2019
By:- Rohidas Kamath
Sabka Vikas scheme

  • Contents

Dear Sir,

I have a matter involving around ₹ 10.00 crore demand and ₹ 10.00 crore penalty and interest.

Breif Matter:

Due to oversight I failed to comply with a notification issued in Sept 2009 in respect of service tax. Subsequently service tax of ₹ 10.00 crore alongiwth interest was paid after the visit of Preventive officers. I have taken cenvat credit of service tax of ₹ 10.00 crores,

Subsequently show cause notice was issued seeking to deny the service tax credit. On adjudication, the Commissioner confirmed the demand and imposed equal amount of penalty.

CESTAT remanded the matter to original adjudicating authority.

As far as Iam concerned, I have discharged the tax liability.

Now my managemnt has opted for relief under subaka vikas schme.

Now my concern is:

1) Will I get relief from payment of any duty/tax as I have already discharged my service tax liability.

2) What remedy is available to me if the Committee rejects my application under "Sabka Vikas Scheme".

Post Reply

Posts / Replies

Showing Replies 1 to 4 of 4 Records

1 Dated: 1-12-2019
By:- Rajagopalan Ranganathan

Sir,

CESTAT would have set aside the original order passed and remanded the matter to the original authority for fresh adjudication. Therefore the proceedings before the original authority should be treated as fresh proceedings. However the relevant the date of remand by CESTAT should be before 30.06.2019. If it is after 30.06.2019 you are not eligible to relief granted by subaka vikas scheme.


2 Dated: 2-12-2019
By:- KASTURI SETHI

By virtue of de novo proceedings (remanding the case back to Original Adjudicating Authority for re-adjudication), the status of the demand is unconfirmed (stage of SCN is back) . Unconfirmed demand cannot be recovered until or unless is confirmed. Now the date of issuance SCN is relevant. As per Section 124 (1) (b) of Chapter V of the Finance (No.2) Act, 2019, your firm is eligible for complete relief from penalty. No relief in respect of tax/duty is admissible.

 


3 Dated: 2-12-2019
By:- Rohidas Kamath

Small correction in the query.

On remand the Commissioner has confirmed the demand and imposed equal amount of penalty. My concern is I have already discharged the service tax dues alongwith interest and therefore as on date I have no liability to be discharged as service tax. The Commissioner in the second round of litigation (on remand) has denied me the cenvat credit of service tax. I will get relief as far as interest and penalty is concerned. But my concern is why I should pay 60% of the service tax on account of Sabka vishwas scheme when I owe nothing.


4 Dated: 2-12-2019
By:- KASTURI SETHI

Tax/duty deposited cannot be claimed as relief in this case. You are not eligible for this relief.


1

Post Reply

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Blog || Site Map - Recent || Site Map || ||