Business Standard

With unprecedented discounts, will Sabka Vishwas scheme earn sabka trust?

By November 3, only 17,000 applications with tax payable amounting to Rs 1,100 crore have been received by the government, under the Sabka Vishwas Legacy Dispute Resolution Scheme

Officials say the department is facing issues in implementation of faceless scrutiny and this could hit tax revenue collections
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Abhishek Waghmare New Delhi
Mr X, a 75-year-old businessman, resigned from any kind of business activity and has a service tax liability of nearly Rs 40 lakh from business operations carried out years ago. Currently under litigation, he is actively thinking of submitting an application towards probably the most lucrative amnesty scheme ever introduced by the government. Though he has enough confidence in winning the case, he might prefer letting go of the legal hassles that could continue for years. 

Yet, few are treading the road Mr X has taken, after half the time to apply for that very scheme is over. 

By November 3, only

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