Service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2013 Hiiii everyone.
plzz tell me what's the procedure of amnesty scheme... and which one documents are required.

RENGARAJ R.K

RENGARAJ R.K (Expert)
Follow

27 July 2013 The procedure to be followed for filing declaration and thereafter its compliance has been laid out u/s 107 of the Chapter read with Rules 4, 5, 6 & 7 of the Service Tax Voluntary Compliance Encouragement Rules 2013.
A declaration under this scheme shall be submitted to the Designated Officer (DO) [an officer not below Assistant Commissioner as may be notified by the Commissioner – sec 105(1)(c)]. The form to be used for this purpose is Form VCES-1. This declaration shall have to be filed positively by 31.12.2013.
Upon receiving such a declaration the DO shall acknowledge the same by issuing a receipt in Form VCES-2 within a period of 7 working days from the date of receipt of declaration.
The declarant shall pay the tax as declared by him in Form VCES-1 as follows:
Not less than 50% of total tax dues – on or before 31.12.2013
Balance Tax dues shall be paid:
By 30.06.2014 – without interest
On and from 01.07.2014 – along with interest as applicable u/s 75 or 73B
The declarant shall furnish particulars of such tax payment to the DO from time to time. With every such intimation, the declarant shall annex a copy VCES-2.
It is most important to note here that the declared tax dues cannot be paid by utilization of Cenvat Credit balance available with the declarant, if any. [Rule 6(2) of VCES Rules 2013]