Story in Audio

Story in Audio

Himachal Government approves HP Legacy Cases Resolution Scheme

Himachal Government approves HP Legacy Cases Resolution Scheme

- Advertisement -

Shimla: Jai Ram Government has approved the Himachal Pradesh (Legacy Cases Resolution) Scheme under the Department of Excise and Taxation in the Cabinet Meeting held yesterday. Disclosing this, Chief Minister Jai Ram Thakur said here today that the scheme would address settlement of legacy cases under General Sales Tax, VAT, CST and other taxation laws subsumed under GST. Chief Minister said that the Scheme would be applicable for both settlement of pending arrears as well as any arrear that might accrue on account of disposal of pending assessments under taxation laws subsumed under GST. The scheme is expected to expedite the disposal of the legacy issues resulting into generation of revenue stuck due to non-disposal of assessment cases or arrears under litigation, he added.


Jai Ram Thakur said that after implementation of GST large number of states such as Gujarat, Kerala, Karnataka, Maharashtra, Madhya Pradesh, Haryana and Rajasthan have introduced settlement schemes to settle legacy issues. He said that these States have brought the Settlement Schemes under certain existing legislations. The Central Government has also brought a scheme namely, Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 to settle legacy of Central Excise and Service Tax, he said. The Chief Minister said that the Central scheme and the schemes introduced by the States have provided certain immunities and incentives to the applicants. He said that Maharashtra has provided 50 percent waiver of tax amount, 90 percent waiver of penalty and 95 percent waiver of interest. Karnataka has granted waiver of 100 percent of arrears of penalty and interest. He said that the Central Government under the scheme has provided waiver of tax dues ranging from 40 percent to 70 percent alongwith complete waiver of penalty and interest and waiver from prosecution.

Jai Ram Thakur said that there was pendency of arrears of around Rs 3,500 crore and assessment cases numbering 3 lakh were pending for assessment. He said that it is estimated that the Scheme would release revenue of Rs. 620 to 670 crore assuming that all current defaulters apply under the scheme. He said that the Scheme will also help release considerable manpower engaged in legacy issues resulting into availability of more manpower for improving compliances under GST.

The Chief Minister said that the scheme has a provision of settlement fee. A declarant may settle the pending arrears or a pending assessment by way of payment of settlement fee. Jai Ram Thakur said that the declarant is required to pay settlement fee for settling a legacy issue at the rate of 10 percent of tax paid where returns or tax is late; 110 percent of the tax due where no return has been filed and where the Statutory form (C,F,H etc.) are involved and have not been produced, the fee would be 1 percent of the value of such form or 100 percent of the tax required to be paid against such forms whichever is higher. He said that the last date to file declaration under the Settlement Scheme would be 30th April, 2020.

हिमाचल की ताजा अपडेट Live देखनें के लिए Subscribe करें आपका अपना हिमाचल अभी अभी YouTube Channel…

- Advertisement -

Facebook Join us on Facebook. Twitter Join us on Twitter Instagram Join us on Instagram Youtube Join us on Youtube

RELATED NEWS

हिमाचल अभी अभी बुलेटिन

Top : News

बिग ब्रेकिंगः Himachal विधानसभा स्पीकर के नाम पर लगी मुहर, यह होंगे

Budget Session: सरकार की घेराबंदी को विपक्ष तैयार, इन मुद्दों पर बोला जाएगा हमला

रात के अंधेरे में एक किलोमीटर दूर उतारी महिला पत्रकार, HRTC चालक चार्जशीट

ब्रेकिंगः बिंदल की टीम तैयार, 8 बनाए उपाध्यक्ष- Chamba से युवा मोर्चा अध्यक्ष

Live: दीदार-ए-ताज करके आगरा से दिल्ली पहुंचे ट्रंप और मेलानिया

शिक्षा बोर्ड की Answer Sheets के मूल्यांकन को दस साल का चाहिए अनुभव

सरकारी स्कूलों की केमिस्ट्री-बायोलॉजी लैब में एप्रिन व Mask के बिना नो एंट्री

Una में खैर की लकड़ी, बंदूक और जिंदा कारतूस के साथ चार धरे, एक फरार

शोर-शराबा ना करे सत्तापक्ष-विपक्ष , विस उपाध्यक्ष ने Mukesh-भारद्वाज संग की बैठक

Budget Session में गूजेंगे 989 सवाल, 22 बैठकें होंगी-15 से 22 मार्च तक होगी Break

Donald Trump के स्वागत में Himachali नाटी, हाथ जोड़कर किया अभिवादन, मोदी बोले गुड

BSC Chemistry और PGT सहित भरे जाएंगे ये पद, 27 को होंगे कैंपस इंटरव्यू

बढ़ती महंगाई को लेकर केंद्र और राज्य सरकार के खिलाफ Congress का प्रदर्शन

बजट सत्र से पहले Jai Ram ने विपक्ष पर चलाया तीर,सकारात्मक रूख के साथ आना

Hamirpur : शादी के कार्ड बांटने गए युवक का हत्यारा पकड़ा, निकला मंगेतर का भाई

Download Himachal Abhi Abhi App Himachal Abhi Abhi IOS App Himachal Abhi Abhi Android App

HP : Board

विज्ञान विषयः अध्याय-11... मानव नेत्र तथा रंग-विरंगा संसार

विज्ञान विषयः अध्याय-10... प्रकाश-परावर्तन तथा अपवर्तन

Students के लिए अब आसान होगी केलकुलेशन, शिक्षा बोर्ड करेगा कुछ ऐसा

विज्ञान विषयः अध्याय-9......... अनुवंशिकता एवं जैव विकास

विज्ञान विषयः अध्याय-8......... जीव जनन कैसे करते हैं?

इस बार दो लाख 17 हजार 555 छात्र देंगे बोर्ड परीक्षाएं, 15 से Practical

शिक्षा बोर्डः 10वीं और 12वीं के Admit Card अपलोड, फोन नंबर भी जारी

ब्रेकिंगः HP Board ने इस शुल्क में की कटौती, 300 से 150 किया

विज्ञान विषयः अध्याय-7......... नियंत्रण एवं समन्वय

विज्ञान विषयः अध्याय-6......... जैव प्रक्रम

बोर्ड इन छात्रों को पेपर हल करने के लिए एक घंटा देगा अतिरिक्त, डेटशीट जारी

विज्ञान विषयः अध्याय-5......... तत्वों का आवर्त वर्गीकरण

बोर्ड एग्जाम में आएंगे अच्छे मार्क्स,  बस फॉलो करें ये ख़ास टिप्स

विज्ञान विषयः अध्याय-4… कार्बन और इसके घटक

Breaking: ग्रीष्मकालीन स्कूलों की 9वीं और 11वीं वार्षिक परीक्षा की Date Sheet जारी


सब्सक्राइब करें Himachal Abhi Abhi अलर्ट
Logo - Himachal Abhi Abhi

पाएं दिनभर की बड़ी ख़बरें अपने डेस्कटॉप पर

अभी नहीं ठीक है