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Bill - Highlights / Catch Notes

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INDIRECT TAX DISPUTE RESOLUTION SCHEME, 2016 - Procedure for ...

Bill

March 5, 2016

INDIRECT TAX DISPUTE RESOLUTION SCHEME, 2016 - Procedure for making declaration - Clause 211 of the Bill - The declarant shall pay tax due alongwith the interest thereon at the rate as provided in the Act and penalty equivalent to twenty-five per cent. of the penalty imposed in the impugned order, within fifteen days of the receipt of acknowledgement under sub-section (2)

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