Circular No.ES/ 56 /2016-17 August 3, 2016
To: Members of the Council
Sub: Indirect Tax Dispute Resolution Scheme Rules, 2016.
Dear Member,
The Council is in receipt of a letter from the Directorate General of Taxpayer Services informing us about the Indirect Tax Dispute Resolution Scheme Rules, 2016 pronounced by the Hon’ble Finance Minister in the Union Budget 2016.
In accordance with the above pronouncement, the Indirect Tax Dispute Resolution Scheme, 2016 has been operational by Chapter XI, comprising of Sections 212-218 of the Finance Act, 2016. The Rules required for implementation of the Scheme have been notified by the Notification No.29/2016-CE (NT) dated 31st May, 2016. The Scheme is now open for filing of declarations by the taxpayers from 1st June, 2016 and shall remain open upto 31st December, 2016.
Members may avail the benefit and get rid of the eligible category of cases pending before the Commissioner (Appeals) as on 1.3.2016.
A brief note on the Indirect Tax Dispute Resolution Scheme Rules, 2016 is attached for your information.
Thanking you,
V.ANIL KUMAR
EXECUTIVE DIRECTOR
