NEWS UPDATE

Sabka Vishwas Scheme - Cases involving Rs 25K Crore settled

Published: Feb 10, 2020

By TIOL News Service

NEW DELHI, FEB 10, 2020: THE details of total amount of funds that are locked up in cases at various quasi-judicial, appellate and judicial forums under Service Tax and Central Excise put together as on dated 31.12.2019 are as follows:

Serial No.

Forum

Number

Amount (Rs. in Cr.)

1

Supreme Court

2327

31088.96

2

High Court

9952

45893.47

3.

CESTAT

51841

184860.65

4

Commissioner (Appeals)

16068

8015.86

5

Adjudication (Upto Commissioner)

64368

145313.85

6

Total

144556

415172.83

The total number of settlements done under the Sabka Vishwas (Legacy Dispute Resolution Scheme, 2019) as on dated 05.02.2020 are 49,534 and amount involved in these cases is 24,970 crores.

This was stated by Mr Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today.

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