The Central Board of Excise and Customs vide Instruction F.NO. 1080/06/DLA/IDRS/2016 dated June 1, 2016 has informed the concerned Commissioners to publicize the Scheme named Indirect Tax Dispute Resolution Scheme, 2016 (“the Scheme”) in their respective Jurisdictions. Further, the Scheme allows the party in Appeal before the Commissioner (Appeals) on March 1, 2016 to file a declaration before Designated Authority for the purpose of availing the benefits prescribed in the Scheme.
Also, Indirect Tax Dispute Resolution Scheme Rules, 2016 have been notified vide Notification No. 29/2016-CE(NT) dated May 31, 2016 providing Four forms for making the Scheme operational.
Read more at: http://www.cbec.gov.in/resources//htdocs-cbec/excise/cx-instructions/cx-instructions-2016/cx-ins-itd-res-schm16.pdf
For detailed discussion click on the given link: http://www.a2ztaxcorp.com/indirect-tax-dispute-resolution-scheme-2016-overview/