Consider the following statements about the Direct Tax Vivad se Vishwas Bill, 2020? 1. The Bill offers a waiver of interest, penalty and prosecution for settlement of tax disputes and offers a complete waiver of interest and penalty for payments made by March 31. 2. The scheme aims to resolve all disputes relating to the erstwhile Service Tax and Central Excise Acts, which are now subsumed under GST. Select the correct answer using the codes given below: - Study24x7
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UPSC & State PSC
1008 followers study24x7 10 Feb 2021 01:36 PM study24x7 study24x7

Consider the following statements about the Direct Tax Vivad se Vishwas Bill, 2020? 1. The Bill offers a waiver of interest, penalty an...

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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