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Query on Indirect Tax Dispute Resolution Scheme, 2016

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..... Dear Sir, Good Afternoon. The Dispute Resolution Scheme,2016 applicable if dispute pending before Commissioner(Appeals) as on ist March 2016. In my case, our client received OIO on 25th Jan. 2016 we have not filed appeal till date. Now my client wish to pay all tax, interest 25% penalty wants to close the issue. Is my client eligible for scheme if we file appeal now i.e. before end of 60 .....

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..... days ? What is the status of my issue on 14th March 2016 ? Can I say that my issue is pending with Commissioner (Appeals) on 01.03.2016 as it is not pending with Adjudicating Authority ? Pl. reply. Thanks. Sumeet C. Tholle, CA, Aurangabad - Reply By KASTURI SETHI - The Reply = Sh.Summet C. Tholie, In my views, your client is not eligible as only those cases will be conside .....

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..... red which are pending with the Office Of The Commissioner (Appeals) as on 1.3.2016 (as per records of office). However, still rules are to be framed and enacted. There is every possibility of some changes while framing rules. - Reply By Ganeshan Kalyani - The Reply = Yes I agree with Sri Kasturi Sir's reply. Even otherwise if you decide to close the case by paying the disputed tax along .....

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..... with interest and penalty the case would be concluded. Thanks. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, In this case, the party has crossed period of thirty days from the date of communication of order-in-original. They have neither deposited tax along with interest and 25% of penalty nor filed appeal with the Commissioner (Appeals) before 1.3.16 in order to avail the .....

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..... benefit of the Indirect Dispute Resolution Scheme, 2016 . Though he can file appeal with the Commissioner (Appeals) with in 30 days of the receipt of order. So he has forfeited the benefit of reduced penalty in both ways.Had he filed appealed before 1.3.16, he would have got the benefit of reduced penalty in new scheme. - Reply By Ganeshan Kalyani - The Reply = Yes Sir I agree with your views. .....

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..... Thanks. - Reply By surya narayana - The Reply = Our friends already given the views which does not require any intervention. However, it is too early to think about this in absence of the Rules which are yet be framed or notified. Regards Suryanarayana - Query on Indirect Tax Dispute Resolution Scheme, 2016 - Query Started By: - sumeet tholle Dated:- 14-3-2016 Service Tax - Got 5 Replies - .....

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..... Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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