The Government vide the Finance Act, 2019 has implemented the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (‘Scheme’) for settlement of disputes of old Indirect Tax laws (excise and service tax). The Scheme came into force from September 1, 2019 and will remain effective till December 31, 2019.

With each passing day, the Government is striving to remove doubts by issuing Circulars at regular intervals. Recently, on December 12, 2019, the CBIC issued Circular No.1074/07/2019-CX to provide further clarifications.

We have shared following updates on the Scheme till now:

• NITYA’s Insight | Issue 46 | Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 dated September 20, 2019
• NITYA’s Insight | Issue 69 | Amended Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 dated November 25, 2019

(In these updates, we shared a detailed booklet, capturing the key salient features of the Scheme, relief available thereunder and key points covered under Government’s Circular and FAQs)

 We have revised the booklet basis the clarifications made. The same has been attached herewith for your kind perusal.

NITYA’s Insight Issue 79 Amended Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019