With a view to minimise litigations, reduce burden of defaulters and mop-up over dues under various Acts administered by the Excise and Taxation Department, the Haryana government on Thursday decided to implement the “Haryana One Time Settlement Scheme for recovery of Outstanding Dues, 2017”.
During the Cabinet meeting, it was also observed that the scheme would prove beneficial before the implementation of Haryana Goods and Services Tax Act, 2017 with effect from 1 July.
A person opting for the settlement of outstanding dues under the scheme would have to pay full amount of tax levied or leviable under various Acts for the period up to 31 March. He can avail 90 per cent waiver on interest amount by paying 10 per cent of the interest levied or leviable under various Acts for the period up to 31 March.
Also, in case of penalty, a person would have to pay 25 per cent of the penalty amount for other offences under the relevant Acts and extent of waiver would be 75 per cent of the penalty amount for such offences. One can avail 50 per cent waiver of penalty amount by paying 50 per cent of the same amount levied for offence of suppression of tax or attempt to evade tax under the relevant Acts.
The scheme would cover the outstanding dues upto March 31 and it would be applicable for Haryana General Sales Tax, 1973 (Repealed Act), the Haryana Value Added Tax Act, 2003; the Central Sales Tax Act, 1956; the Haryana Local Area Development Tax Act, 2000 (Repealed Act); the Haryana Tax on Entry of Goods in to Local Areas Act, 2008 (under litigation); the Haryana Tax on Luxuries Act, 2007; the Punjab Entertainment Duty Act, 1955; the Punjab Passenger and Goods Taxation Act, 1952 (Repealed Act) and the Punjab Excise Act, 1914 (As applicable to the state of Haryana).