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Vces

Arun Kumar (Auditor & Tax Practitioner) (168 Points)

14 June 2016

Dear Professional Friends

When can we expect VCES Scheme from the Service Tax Department in the near future..?

Thanks and Regards

Arun Kumar

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6 Replies

CA Sujeet Kumar (Self-Practice) (738 Points)
Replied 15 June 2016

Sir it is a scheme broght by govt nearly after considering some facts.

1. period since last scheme was broght

2. requirement of industry

3. total taxes dues from the industry

4. many mores

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CA Sujeet Kumar (Self-Practice) (738 Points)
Replied 15 June 2016

Sir it is a scheme broght by govt nearly after considering some facts.

1. period since last scheme was broght

2. requirement of industry

3. total taxes dues from the industry

4. many mores

Arun Kumar (Auditor & Tax Practitioner) (168 Points)
Replied 15 June 2016

Dear Sujeet Kumar, kindly let me know can my client who has not filed returns from past 1 year to come forward and file now in June 2016, as per the old VCES Scheme 2013..?

karan jit singh (Consultant) (1299 Points)
Replied 15 June 2016

We are hoping after applicability of GST, to clear of outstanding dues under old laws.

Regards

Karanjit Singh | +91-7503588224

karan jit singh (Consultant) (1299 Points)
Replied 15 June 2016

Originally posted by : Arun Kumar M H
	Dear Sujeet Kumar, kindly let me know can my client who has not filed returns from past 1 year to come forward and file now in June 2016, as per the old VCES Scheme 2013..?

No, the scheme was for limited time.

Regards

Karanjit Singh | +91-7503588224

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CA Sujeet Kumar (Self-Practice) (738 Points)
Replied 16 June 2016

Yes karanjeet singh g you are right no vces scheme exist today so you can file your return anytime after due date. There is no limitation period under service tax like income tqx.