MANU/EXNT/0029/2016

Ministry : Ministry of Finance

Department/Board : CBEC Excise Non-Tariff

Notification No. : 29/2016-Central Excise (N. T.)

Date : 31.05.2016

Indirect Tax Dispute Resolution Scheme Rules, 2016

In exercise of the power conferred by sub-sections (1) and (2) of section 218 of the Finance Act, 2016, (28 of 2016), the Central Government hereby makes the following rules, namely:-

1. Short title and commencement.-

(1) These rules may be called the Indirect Tax Dispute Resolution Scheme Rules, 2016.

(2) They shall come into force on the 1st day of June, 2016.

2. Definitions.-

In these rules, unless the context otherwise requires,-

(a) "Form" means the Form annexed to these rules;

(b) "Scheme" means the Indirect Tax Dispute Resolution Scheme, 2016, specified under Chapter XI of the Finance Act, 2016 (28 of 2016);

(c) "section" means section of the Finance Act, 2016 (28 of 2016);

(d) words and expressions used in these rules and not defined in these rules but defined in the Scheme under Chapter XI of the Finance Act, 2016 (28 of 2016), shall have the meanings respectively assigned to them in that Scheme.

3. Form of declaration under sub section (1) of section 214 and manner of verification of such declaration in respect the amount payable.-

(1) The declaration under sub section (1) of section 214 of the Scheme shall be made in Form 1 in respect of the amount payable under the Scheme.