Rs 5,500 crore declared so far under indirect tax amnesty scheme

A total of Rs 5,472 crore has been declared under the indirect tax amnesty scheme, Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, a mid-term review of the scheme by the Central Board of Indirect Taxes and Customs (CBIC) has revealed. The scheme gives a window to tax litigants to settle any pre-GST indirect tax related disputes. It covers disputes under central excise, service tax and spec…