GST NO. 07AAACE1747M1ZJ

CIN U20299DL1986 NPL023253

EXPORT PROMOTION COUNCIL FOR HANDICRAFTS 

EPCH HOUSE, POCKET 6 & 7, SECTOR 'C', LOCAL SHOPPING CENTRE, VASANT KUNJ, NEW DELHI-110070 

Tel: 91-11-26135256

Email:  policy@epch.com

Fax: 91-11-26135518,26135519

web: www.epch.in

EPCH-3/1(7)-POLICY/2019-20

06 March, 2020

 

To,

 

All Member(s),

 

Sub :- Direct Tax “Vivad se Viswash”Bill 2020 - GST System - reg.

 

Dear Member(s),

 

As you are aware, in the recent Budget, the Hon’ble Finance Minister launched a new scheme namely Vivad Se Vishwas’ scheme for settlement of long drawn litigations related to direct taxes. The highlights of the scheme are as under:- 

ü  Under the proposed scheme, a tax payer would be required to pay only the amount of the disputed taxes and get complete a waiver of interest and penalty provided he/she pays by 31 March 2020. 

ü   Those who avail this scheme after 31 March 2020 will have to pay some additional amount, which shall be notified by the Government.

ü   The scheme will remain open until 30 June 2020.

ü   Taxpayers in whose cases appeals are pending at any level can benefit from this scheme.

ü   The taxpayers will make use of this opportunity to get relief from vexatious litigation process.

In case you are interested to avail the scheme and are facing problems / issues, do share it with us at policy@epch.com  on or before 13th March 2020. A copy of “Vivad se Viswash” Bill 2020 is attached herewith for your ready reference.

 

               Thanking you,

Yours faithfully,

 

 

(RAKESH KUMAR)

DIRECTOR GENERAL

Encl : as above

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