One-time settlement scheme pre-GST tax dues launched in Haryana

Responding to the demands of traders and industry organisations in the state, the Haryana government taking decision to establish branches of the GST Tribunal in Gurugram and Hisar as such Haryana chief minister Manohar Lal Khattar launched One Time Settlement-2023 scheme, which was a long-standing demand of traders and the business community in the state to settle pending tax payments pertaining to pre-GST time, he said that the scheme will be operational from January 1 to March 30. While introducing the scheme in Gurugram a couple of days ago, the CM also announced to open a GST training institute at Gurugram and said that the government plans to establish branches of the GST Tribunal in Gurugram and Hisar. Deputy Chief Minister Dushyant Chautala who holds the portfolio of excise and taxation department also addressed the gathering.

Under the One Time Settlement scheme, the tax amount will be divided into four categories, starting with an undisputed fee category for cases without dispute. Taxpayers will pay 100% of the amount in this category, with no penalties or interest, an official spokesperson of the department said. Whereas, In case of disputed taxes under Rs 50 lakh, taxpayers will have to pay 30% of the outstanding amount and if the disputed tax amount is above Rs 50 lakh, they will have to pay 50%. In the third category, undisputed taxes will be assessed by the department where no appeal was made. the taxpayers will pay 40% if the amount is below Rs50  lakh and 60% if it is above Rs 50 lakh. In this category  there will be relief for taxpayers from penalties and interest. However, in the fourth category to include outstanding amounts due to differences in tax rates. Here, the government has discounted the amount, requiring taxpayers to pay only 0% of the total.

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While offering tax relief, the scheme also providing easy instalment options to taxpayers on a condition that  the taxpayers with outstanding amounts below Rs 10 lakh must have to pay the entire sum in one lump sum before March 30. In case the outstanding amount is between Rs 10 lakh and R 25 lakh, the amount can be paid in two instalments and in case the outstanding amount of tax is more than Rs 25 lakh the payment can be spread across three instalments such as  40% in the first 90 days, 30% in the next 90 days, and 30% in the final 90 days. According to information the scheme addresses outstanding tax issues pertaining to the excise and taxation department until June 30, 2017, specifically resolves concerns related to seven VAT-related acts.

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While addressing, Dushyant Chautala said the Haryana government has implemented this scheme for the welfare of traders and industrialists.He said, a new bill has been passed in the recent past assembly session for this purpose enabling traders to receive exemptions in outstanding tax cases for the period till June 30, 2017. He said the implementation of the scheme, granting one-time exemption to traders in cases where  consent of outstanding tax amounts are promptly given. He said, the state government has initiated various important schemes to provide relief to people in trade and industry offering  this relief to waive the amount of interest and penalties on seven types of outstanding taxes.

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