NEW DELHI: In a bid to reduce litigation, Finance Minister Nirmala Sitharaman in the upcoming Budget may announce an Amnesty Scheme for customs to foster ease of doing business.
“The main asks of the industry would certainly be aligned with the objectives of the government and one objective of the government has been litigation reduction. On that front, having an amnesty scheme for customs especially covering pre-GST legacy taxes like additional duty, special additional duty has been one of the asks of the industry,” Price Waterhouse & Co LLP managing director Anurag Sehgal said.
The government had in the past announced amnesty schemes for excise and service tax and even for the income tax but not for customs.
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