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In the Budget Speech for the year 2023-24 made on 17th February, 2023 it was announced that a “Karasamadhana Scheme, 2023” would be introduced in order to expeditiously resolve pre-GST legacy tax disputes and to collect arrears promptly without litigation.…
Settlement of Arrears of Tax, Interest, Penalty or Late fee under various Acts administered by the Maharashtra Goods and Services Tax Department.
The government is all set to bring a one-time settlement policy for over 44,000 defaulters of various state taxes, including Value Added Tax and Central Sales Tax. According to information, the government is making a case to let off nearly…
Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2023 (Mah. Act No. XVIII of 2023), is hereby published under the authority of the Governor. The Act shall come into force on the 01.05.2023. This Act may…
Jittery over the show-cause notices being issued by State Goods and Services Tax (SGST) department for value added tax (VAT) assessments as old as those from financial year 2016-17, the businessmen have asked chief minister Bhagwant Mann and finance minister…
The Union Budget 2023-24 may propose a dispute resolution scheme for exporters, which will offer a one-time opportunity to settle past issues of disagreement involving export obligation defaults. Read more at : Business Standard
The Hon’ble Supreme Court in M/s Shekhar Resorts Limited v. Union of India [Civil Appeal No. 8957 of 2022 dated January 5, 2023] has held that the assessee cannot be denied relief under Sabka Vishwas (Legal Dispute Resolution) Scheme, 2019…
The government is considering a Goods and Services Tax (GST) dispute settlement scheme offering a one-time opportunity for businesses to settle tax cases and avoid litigation, officials aware of the development said. It will be a time-bound scheme covering only…
The Telangana Commercial Taxes Department has issued Order vide G.O.Ms.No. 45 dated May 09, 2022 introducing the “One Time Settlement Scheme” to settle disputed tax under the legacy Acts such as the Andhra Pradesh General Sales Tax Act, 1957 (“the…