Case Law Analysis
|Custom, Excise & Service Tax Tribunal
SVLDRS Rule 7 | Late Payment After Deadline Voids Benefit, But Penalty Waived for COVID-Induced Delay : CESTAT New Delhi
CESTAT New Delhi rules that failure to pay the SVLDRS-3 amount within the stipulated deadline forfeits the scheme’s benefit, but waives penalties when the delay is directly attributable to pandemic-related banking disruptions. This sets a critical precedent for legacy tax litigants facing similar force majeure challenges, affirming that statutory deadlines are not absolute when external crises impede compliance.