Format of FORM SVLDRS-1 This form is for a declaration under sabka Vishwas legacy dispute resolution scheme. Form SVLDRS-1 [Declaration under section 125 of the Finance Act (No. 2), 2019 read with rule 3 of the Sabka Vishwas (Legacy Dispute Resolution) Scheme Rules, 2019]
The government has issued the Sabka Vishwas (Legacy Dispute Resolution) Scheme Rules, 2019 on 21st August 2019 via Notification No. 05/2019 Central Excise-NT. 1. Short title and commencement.- (1) These rules may be called the Sabka Vishwas (Legacy Disput Resolution) Scheme Rules, 2019. (2) They shall come
New rates of challan are making a buzz. Gurugram police released a challan of Rs. 23000 to a person riding a scooty. This Rs. 23000 challan is in news.He was not wearing a helmet. Also, the RC was missing. When he was asked to hand
We have prepared the IT & GST Ready Reckoner, in which all the basic concepts of Income Tax and GST will be covered. IT & GST Ready Reckoner is created to make the work easy for professionals. Following are the topics covered in the IT & GST Ready
Nifty down 225 points, sensex dropped 769 points The downfall in the market is getting a serious shape. Is this an opportunity to enter into this market? Many rumours in media. Some experts are expecting a downfall like 2008. Some are confirming the news of
New return of GST: A lot of litigation on GSTR 3b already is there. The late fees and penalty on 3b are questioned by the court. New return of GST is introduced. This is even harder version. The most important issue is still matching. The
Do your consultant know about SVLDRS? It is one of the best schemes to benefit taxpayers. SVLDRS means saba Vishwas, Legacy dispute resolution scheme. Still, it is not getting any traction because of lack of awareness. It can have a huge impact on pending litigation
Late fees of GSTR 1 & 6 is waived off: CBIC via its notification no. 41/2019 dated 31/8/2019 has waived off the late fees. This benefit is available only if the return is filed upto 20th September. Following areas are covered by the exemption. (i)
New scheme for end of pending litigation of Excise or service tax Golden opportunity to settle your cases related to the erstwhile indirect tax laws. Sabka Vishwas (LDRS) can offer a resolution with heavy discounts. This scheme is going to be very useful for taxpayers. pending litigation
Yes, you heard it right. ITC 04 is waived off for two years.It’s a piece of good news. All who were facing a lot of issues in the filing of ITC 04. CBIC has issued notification no. 38/2019 dated 31st August 2019. Notification for the
