Indirect Taxes - Highlight of Tax Proposals of Union Budget 2013-14

Last updated: 01 March 2013


Service tax  Voluntary Compliance Encouragement Scheme, 2013 (VCES) is proposed to be introduced to encourage voluntary compliance and broaden the tax base. In this scheme, it is proposed to provide one time amnesty by way of (i) waiver of interest and penalty; and (ii) immunity from prose

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