The Ministry of Finance has revealed the details of settlements done under the Sabka Vishwas – Legacy Dispute Resolution Scheme.
The details of the total amount of funds that are locked up in cases at various quasi-judicial, appellate and judicial forums under Service Tax and Central Excise put together as on dated 31.12.2019 are as follows:
| Serial No. | Forum | Number | Amount (Rs. in Cr.) |
|
|
Supreme Court | 2327 | 31088.96 |
|
|
High Court | 9952 | 45893.47 |
|
|
CESTAT | 51841 | 184860.65 |
|
|
Commissioner (Appeals) | 16068 | 8015.86 |
|
|
Adjudication (Upto Commissioner) | 64368 | 145313.85 |
|
|
Total | 144556 | 415172.83 |
The total number of settlements done under the Sabka Vishwas (Legacy Dispute Resolution Scheme, 2019) as on dated 05.02.2020 is 49,534 and amount involved in these cases is 24,970 crores.
This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today.
The SVLDRS was introduced in the last Budget with the twin objectives of liquidating the legacy disputes in Central Excise and Service Tax that are pending at various fora as well as encouraging non-compliant taxpayer/tax evaders to declare the tax not paid so far and come under the tax net voluntarily.
