Indirect Tax Dispute Resolution Scheme, 2016

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..... f the Finance Act, 2016 (28 of 2016) comprising of Section 212 to 218, is in respect of the Indirect Tax Dispute Resolution Scheme, 2016. The said scheme allows the party in appeal before the Commissioner (Appeals) on 1st March 2016, to file a declaration before the Designated Authority for the purpose of availing the benefit of the scheme. 2. As per clause (e) to sub-section (1) to section 213 .....

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..... shall give the acknowledgement about the receipt of declaration by him. Once such an acknowledgement has been given by the designated authority, the proceedings before the Commissioner (Appeals) shall remain suspended for sixty and the Commissioner will not proceed any further with the appeal till expiry of said sixty days. c) Form 3, is the form to be filed by the declarant giving the details .....

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..... in appeal, said disposal of appeal shall have no binding precedent value. 5. All the trade associations are requested to bring the contents of this Trade Notice to the attention of their members in particular and the trade in general. This Trade Notice is issued based on instruction dated 1/2 June 2016 issued from F.NO. 1080/06/DLA/IDRS/2016/959 by CBEC New Delhi. RESHMA LAKHANI COMMISSIONER .....

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