Govt extends last date for Sabka Vishwas scheme till 15 January for settling disputes of service tax, central excise
The Finance Ministry on Tuesday extended the 'Sabka Vishwas Scheme', a dispute resolution-cum-amnesty scheme for settling pending disputes of service tax and central excise, by 15 days till 15 January
Amnesty scheme for legacy service tax, excise duty cases to open on 1 September; to be operational for four months
More than Rs 3.75 lakh crore is blocked in service tax and excise litigations
Creation of jobs, improving judicial adjudication, and bringing in foreign investment to remain concerns in 2019
Leather and beef industries were major employers in the country, and even while new jobs could not be created, existing jobs were being jeopardized.
As India and Japan failed to resolve the issue in the bilateral consultation process, the WTO had set up the dispute resolution panel earlier this year.