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Roadmap for Reducing Litigation in Indirect Taxes


Great Suggestions

All the suggestions in this article are good and if implemented, can surely reduce the litigations considerably. The suggestions to reduce the pendency of Call Book cases is urgently needed. The suggestion (e) is also need of the hour. However, I think that once the order of the OIO of Commissioner/Commissioner (A)is passed and the order is not stayed by the higher forum, it should be obligatory on the tax department/ taxpayer to implement the order unless stayed by the higher forum. I have found that there is a clear Board instruction to implement the order of Commissioner (A) for giving refund, but the taxpayers continue to pay the duty on the lower rate, even after the order of Commissioner/ Commissioner (A). Every order must be respected and implemented till it is stayed by higher forum.

ltu ltu 06/01/2015

 

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Mr Larry Summers, Former US Treasury Secretary addressing at TIOL Fiscal Awards 2024 after being conferred TOL Kautilya Global Award 2024 by Deputy Chairman of Rajya Sabha, Shri Harivansh Narayan Singh.

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Dr. C. Rangarajan, former Governor of RBI, addressing at TIOL Fiscal Awards 2024 after being conferred TOL Kautilya Global Award 2024 by Deputy Chairman of Rajya Sabha, Shri Harivansh Narayan Singh.

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