2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ministry of Finance
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Ministry of Corporate Affairs
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Ministry of Home Affairs
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Ministry of MSME
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Detailed explanation-1: -Updated on : Jan 10, 2022 - 12:28:55 PM. 12 min read. Sabka Vishwas Legacy Dispute Resolution Scheme is an ambitious scheme made available for the pre-GST taxpayers to resolve the tax disputes.
Detailed explanation-2: -What is the SVLDRS (Sabka Vishwas Legacy Dispute Resolution Scheme) all about? The scheme is for taxpayers who seek to close their pending disputes with a substantial relief provided by the government. This scheme provided relief to the taxpayers in the form of Dispute Resolution and Amnesty.
Detailed explanation-3: -Sabka Vishwas - (Legacy Dispute Resolution) Scheme, 2019(SVLDRS)
Detailed explanation-4: -The GST Amnesty Scheme for 2022 allows waiving all arrears in cases where arrears are Rs. 10,000 or less. Dealers with arrears of Rs. 10 lakhs or less as of 1st April 2022 are allowed to pay 20% of total arrears as a lump sum amount instead of calculating the same with interest and penalty.