TMI BlogIndirect Tax Dispute Resolution Scheme, 2016X X X X Extracts X X X X X X X X Extracts X X X X ..... pute Resolution Scheme, 2016 - reg. Attention of all the importers, Customs Brokers, and the members of the Trade is invited to Indirect Tax Dispute Resolution Scheme,2016 ITDR Scheme Rules,2016 as notified by Notification No. 29/2016-CE (NT) dated 31.05.2016. 2. The Chapter Xl of the Finance Act, 2016 (28 of 2016) comprising of Section 212 to 218, is in respect of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as been given by the designated authority, the proceedings before the Commissioner will not proceed any further with the appeal till expiry of said sixty days. (c) Form-3, is the form to be filed by the declarant giving the details of the amounts deposited by him as required under the scheme. Declarant has to deposit the sums required to be deposited by him within a fortnight of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on or before the 31st day of December, 2016 in such form and manner as may be prescribed. (2) The designated authority shall acknowledge the declaration in such form and manner as may be prescribed. (3) The declarant shall pay tax due alongwith the interest thereon at the rate as provided in the Act and penalty equivalent to twenty-five per cent. of the penalty imposed i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 2016; or (c) the impugned order is in respect of narcotic drugs or other prohibited goods; or (d) impugned order is in respect of any offence punishable under the Indian Penal Code, the Narcotic Drugs and Psychotropic Substances Act, 1985 or the Prevention of Corruption Act, 1988, or (e) any detention order has been passed under the Conservation of Foreign Exchange an ..... X X X X Extracts X X X X X X X X Extracts X X X X
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