Scheme Name | Sabka Vishwas Yojana |
Launched by | Mrs. Nirmala Sitharaman |
Department | Department of Revenue |
Beneficiary | Taxpayers of India |
Mode of Application | Online |
Start date to Apply | 1st September 2019 |
Last date to Apply | 31st December 2019 |
Benefits | Solution of Tax Disputes |
Type of Scheme | Central Govt. |
Status | Active |
Official website | https://cbic-gst.gov.in/ |
- The scheme is centrally aimed to make the disclosure of past dispute of Central excise, Service tax and 26 other indirect tax possible.
- The motive is to facilitate an eligible person to pay his or her unpaid tax duties.
- The scheme also provide to the people who are eligible to pay taxes certain immunities, including penalty, interest or any other proceedings including prosecution.
Benefits in Sabka Vishwas Scheme 2019
- Where a SCN has been issued or an appeal has been filed, or enquiry, investigation or audit against the declaring has been conducted on or before the 30-06-2019 in which the amount of duty quantified is:
- Rs. 50 lakhs or less, 70% of the tax dues shall be waived off.
- More than Rs. 50 lakhs, 50% of the tax dues shall be waived off.
- Where the tax dues are relatable to a SCN for late fee or penalty only, and the amount of duty in the said notice has been paid or it is nil, then 100% of the amount of late fee or penalty shall be waived off.
- Where tax dues are in arrears and the amount of duty is:
- Rs. 50 lakhs or less, then 60% of the tax dues shall be waived off;
- More than Rs. 50, then 40% of the tax dues shall be waived off.
- Where declarant has indicated in the return form (filed under the Indirect-tax enactment) an amount of duty as payable but not paid it and the duty of amount is
- Rs. 50 lakhs or less, then 60% of the tax dues shall be waived off;
- More than Rs. 50 lakhs, then 40% of the tax dues shall be waived off.
Feature of Sabka Vishwas Scheme
In Cases pending in Litigation, Appeal, Enquiry, Investigation and Audit |
Amount |
Duty up to Rs. 50 lakh | Pay only 30% of duty |
Duty more than Rs. 50 lakh | Pay only 50% of duty |
In case of tax arrears | Amount |
Duty upto 50 lakh | Pay only 40% of duty |
Duty more than Rs. 50 lakh | Pay only 60% of duty |
If you voluntarily discloses any past dues | simply pay the due amount only |
Document Required
- Pan Card
- Aadhaar Card
- Address Proof
- Income Tax Details
- Email ID
- Mobile Number
Restriction under Sabka Vishwas scheme 2019
- Tax dues payable can never be paid through input tax credit account.
- The dues of taxes which are already paid shall not be refundable under any circumstances.
The scheme also states that it should not be opted by the following applicants:-
- The applicant who has filed an appeal before appellate forum and final hearing concluded on or before 30-06-2019.
- The applicant who is found guilty for any offence under indirect tax enactment
- Applicant who has been issued a show cause notice (‘SCN’) and final hearing has already taken place on or before 30-06-2019
- The applicant who has been subjected to enquiry or investigation or audit and amount of duty not quantified on or before 30-06-2019;
- applicant who has already filed an application in the Settlement Commission for settlement of a case.
- The applicant who intends to file a declaration with respect to excisable goods which are petroleum, tobacco and related tobacco products as mentioned in the Fourth Schedule to the Central Excise Act, 1944;
- The applicant who makes a voluntary disclosure after being subjected to enquiry or investigation or audit or having filed a return.
Procedure to Fill Sabka Vishwas me Application Form
- The Taxpayers who wants to Register under the Sabka Vishwas Legacy Dispute Resolution Scheme Firstly visit at the official website.
- At the homepage of Government of India Sabka Vishwas Legacy Dispute Resolution, you will find “SVLDRS Scheme Application Form” Option.
- Fill the Registration Form with all the Required Details.
- Then submit your Registration Form
Login
- After doing the Successful Registration under the scheme, you have to go for SVLDRS Login Section.
- Now after the successful login fill the Further Details under SVLDRS Application Form.
- Now take a Print Out of Filled Application Form for Future Use.