‘Sabka Vishwas’ Legacy Dispute Resolution Scheme: Too good to be true?
The new Legacy Dispute Resolution Scheme – ‘Sabka Vishwas’ is live from September 1, 2019. The Scheme is a one-time measure for liquidation of past disputes of Central Excise and Service Tax as well as to ensure disclosure of unpaid taxes by a person eligible to make a declaration. As the objective of the Scheme is to free as large a segment of the taxpayers from the legacy taxes as possible, the relief given thereunder is substantial.
In this context, find attached our article titled “Sabka Vishwas’ Legacy Dispute Resolution Scheme: Too good to be true?” authored by our Associate Partner, Mr. Deepak Suneja, and Executive, Ms. Simran Arora.