Vces

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2013 Sir,
We are giving declaration under VCES Amnesty Scheme.
We have to pay service tax for last 3 years which we are declaring in VCES 1. We have paid some amount in April 2012, But we have not filed any return for these 3 years.

My question is can we adjust the amount paid against the tax due as per declaration. Since the scheme is effective from May 2013 and we paid amount in April 2012.

CA Kedar Sakhardande

CA Kedar Sakhardande (Expert)
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14 December 2013 Payment under VCES can be made only in cash (no cenvat credit nor amount paid BEFORE DECLARATION of scheme is allowed)

That means in case, you have made some payment prior to declaration of scheme, you cannot take credit of that under VCES

So now you make vces application only for undeclared and undisclosed service tax