Vces section 106 (2)(a)(iii)
This query is : Resolved
17 December 2013
Can Client file VCES declaration if he has received communication from Superitendent Service Tax for Scrutiny in July 2012 for the year from 09-10 to 11-12 and no reply\submission made and matter is pending as on 01.03.2013. Will the matter come within scope of Section 106 (2)(a)(iii) ? Please advice.
17 December 2013
Dear friend,
Section 106(2)(a)(iii) is attracted if only in the situations mentioned therein. The scope has been fully explained at Q.No.4 of Frequently Asked Questions on VCES issued by the Board. The full details are available at http://www.cbec.gov.in/rhs-misc/vces/Customs%20Service%20Tax%20%20Book_PRS.pdf.
From the query, in my view, the declaration can not be rejected in view of Section 106(2)(a)(iii), as the communication received was in Jul-12 and till date you have not submitted any details. From this it appears that the information sought from you was of roving in nature. However, if a declaration is made with full disclosure, it a golden opportunity to get waiver from penalty, interest and other consequences and the benefit is available only upto 31.12.2013. Therefore, in my view, declaration can be filed and you sould get the benefit. This is my personal opinion and you may take an appropriate decision as per your wisdom.
Section 106(2)(a)(iii) is attracted if only in the situations mentioned therein. The scope has been fully explained at Q.No.4 of Frequently Asked Questions on VCES issued by the Board. The full details are available at http://www.cbec.gov.in/rhs-misc/vces/Customs%20Service%20Tax%20%20Book_PRS.pdf.
From the query, in my view, the declaration can not be rejected in view of Section 106(2)(a)(iii), as the communication received was in Jul-12 and till date you have not submitted any details. From this it appears that the information sought from you was of roving in nature. However, if a declaration is made with full disclosure, it a golden opportunity to get waiver from penalty, interest and other consequences and the benefit is available only upto 31.12.2013. Therefore, in my view, declaration can be filed and you sould get the benefit. This is my personal opinion and you may take an appropriate decision as per your wisdom.
17 December 2013
Dear friend,
Section 106(2)(a)(iii) is attracted if only in the situations mentioned therein. The scope has been fully explained at Q.No.4 of Frequently Asked Questions on VCES issued by the Board. The full details are available at http://www.cbec.gov.in/rhs-misc/vces/Customs%20Service%20Tax%20%20Book_PRS.pdf.
From the query, in my view, the declaration can not be rejected in view of Section 106(2)(a)(iii), as the communication received was in Jul-12 and till date you have not submitted any details. From this it appears that the information sought from you was of roving in nature. However, if a declaration is made with full disclosure, it a golden opportunity to get waiver from penalty, interest and other consequences and the benefit is available only upto 31.12.2013. Therefore, in my view, declaration can be filed and you should get the benefit. This is my personal opinion and you may take an appropriate decision as per your wisdom.
Section 106(2)(a)(iii) is attracted if only in the situations mentioned therein. The scope has been fully explained at Q.No.4 of Frequently Asked Questions on VCES issued by the Board. The full details are available at http://www.cbec.gov.in/rhs-misc/vces/Customs%20Service%20Tax%20%20Book_PRS.pdf.
From the query, in my view, the declaration can not be rejected in view of Section 106(2)(a)(iii), as the communication received was in Jul-12 and till date you have not submitted any details. From this it appears that the information sought from you was of roving in nature. However, if a declaration is made with full disclosure, it a golden opportunity to get waiver from penalty, interest and other consequences and the benefit is available only upto 31.12.2013. Therefore, in my view, declaration can be filed and you should get the benefit. This is my personal opinion and you may take an appropriate decision as per your wisdom.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
