Dispute Resolution Scheme, 2008-Reg.

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..... ove subject. 2.1 The Dispute Resolution Scheme, 2008 covers all such cases which satisfy the following conditions: (i) tax arrears, including interest and penalty, were payable or leviable under the Finance Act, 1994, but not paid prior to 1.3.2008; (ii) pending service tax arrears, as on 1.3.2008, was not in excess of Rs.25,000, There is no ceiling for penalty and interest amount; It may al .....

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..... ssued or before 1.3.2008, the compounding amount would be determined on the basis of the revisional order passed under section 84. 2.3 As regards a notice issued under section 84, giving the assessee an opportunity to be heard and present his case, such a notice does not alter the position of tax arrears, hence such notice does not have any relevance in so far as application of the Scheme is con .....

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