Background:
The Sabka
Vishwas (Legacy Dispute Resolution) Scheme, 2019 (the ‘Scheme’) was introduced
w.e.f.
01.09.2019. The objective of the Scheme was to enable taxpayers to clear their
baggage of disputes under legacy taxes (i.e. Service Tax and Central Excise)
amongst others.
Under the said scheme, an applicant was required to file declaration in Form SVLDRS-1 on or before 15.01.2020, as extended vide Notification No. 07/2019 CE-NT dt. 31.12.2019.
Relevant Amendment:
The Central Government vide Notification No. 01/2020-CE
(N.T.) dt. 14.05.2020, has amended the Sabka Vishwas (Legacy Dispute Resolution)
Scheme Rules, 2019. By way of the said amendment, the time limit prescribed for
issuing statement by the designated authority as well as time limit for making
payment under the Scheme has been extended as under:
|
S. No. |
Particulars |
Earlier
time period |
Extended
time period |
|
1. |
Issuance of statement by designated committee in Form SVLDRS-3 indicating the amount
payable by the declarant, where the amount estimated to be payable by the
declarant, as estimated by the designated committee, equals the amount
declared by the declarant |
To be issued within a period of sixty days from the date of receipt of the declaration |
To be issued on or before
31.05.2020 |
|
2. |
Issuance of statement by designated committee in
Form SVLDRS-3 after hearing the declarant (i.e. in cases where the amount
estimated to be payable by the declarant, as estimated by the designated
committee, exceeds the amount declared by the declarant) |
To be issued within a period of sixty days from
the date of receipt of the declaration |
To be issued on or before
31.05.2020 |
|
3. |
Issuance of statement by designated committee in Form SVLDRS-2 along with notice of
opportunity for personal hearing, where the amount estimated to be payable by
the declarant exceeds the amount declared by
the declarant |
To be issued within a period of thirty days from the date of receipt of the declaration |
To be issued on or before
01.05.2020 |
|
4. |
Payment of amount by declarant as per statement
issued by designated committee in Form SVLDRS-3 |
To be paid within a
period of thirty days from the date of its issue |
To be paid on or before 30.06.2020 |
TBM Comments:
-
In terms of the aforesaid
amendment, the designated committee members can issue Form SVLDRS-2 to the tax
payers on or before 01.05.2020, post which they would not be able to issue Form
SVLDRS-2 in any case.
-
Likewise, the designated committee
members can issue Form SVLDRS-3 to the tax payers on or before 31.05.2020, post
which they would not be in a position to issue Form SVLDRS-3 in any case.
However, the designated committee members would be able issue rectified Form
SVLDRS-3 after 31.05.2020.
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