Millennium Post

CBEC pavilion at trade fair

CBEC pavilion at trade fair
The pavilion has been set up with the main aim to publise and popularise Service Tax Voluntary Compliance Encouragement Scheme (VCES).

The CBEC pavilion has undertaken various measures to maintain a healthy interaction and involvement of the visitors during the trade fair in the form of various activities like painting competitions and quizzes. VCES are being held at the pavilion and the persons giving the correct answers are awarded with VCES ke Laddoo as gifts.

Commenting on the pavilion, Additional Commissioner (Publicity), Customs and Central Excise, Alok Jha said that the focus of the pavilion this year is to popularise VCES which was announced by the minister of finance in his budget speech and which has come into effect on 10 May 2013. He also said, ‘The objective of the scheme is to encourage disclosure of tax dues and compliance of service tax law by the persons who have not paid service tax dues for the period from October 2007 to December 2012. It is a golden opportunity for such persons to pay the ‘tax dues’ and come clean. On payment of the tax dues relating to the said period there will be complete waiver of interest, penalty and other proceedings.

 A service tax VCES help desk has been set up at the pavilion to accept declarations under this scheme and also to answer any queries or clarification from the trades related to this scheme. Besides the VCES help desk, a separate help desk has also been set up for answering any queries and clarifications related to any issue on customs and central excise.
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