a) In the wake of the outbreak of pandemic Coronavirus (COVID-19), the Central Board of Indirect Taxes and Customs (CBIC) issued a circular to amend SVLDRS Module.
b) The Directorate General of Systems & Data Management, CBIC issued a circular on Friday addressing all the Principal Chief Commissioners, Principal Commissioners of Policy Wing and Commissioner of Central Tax specified the amendments in the SVLDRS Module.
c) In light of the unprecedented situation caused due to COVID-19 pandemic, norms pertaining to taxation and other laws are relaxed, and consequently, the changes were made in SVLDRS Module.
d) The circular directed the Designated Committee members to issue SVLDRS Form-2 to the taxpayers before May 1, 2020, and Form-3 till May 31, 2020.
“The Taxpayers will be able to make payment against their SVLDR Form-3 or ratified SVLDR Form-3 tax dues till June 30, 2020, by creating challans from SVLDRS module”, the circular said.
e) The circular explained all the 4 scenarios pertaining to creating challans from the SVLDRS module as given below-
1. Firstly, in the case where applications, where SVLDR-3 has not yet been issued then the auto-generated challan, will have its applicability till June 30, 2020, instead of the validity for 30 days.
2. Secondly, in the case where applications where SVLDR-3 has been issued but challan has not been issued then the new challan will have its validity till June 30, 2020, instead of the validity for 30 days.
3. Thirdly, in the case where applications where SVLDR-3 and challan have been issued but payment is not made because of many reasons but the validity of challan has not expired then the applicant has the window available to make payment before the expiry of challan.
4. Fourthly, challan has been issued but payment is not made because of many reasons but the validity of challan has expired then the new challan is generated which will be valid till June 30, 2020.