Concerned Department
Excise Registration Taxation Stamps Department
Sponsored By
State
Funding Pattern
100%
Description
A tax defaulter is eligible to apply for availing the Scheme subject to fulfillment of the terms and conditions set herein.
(1) A tax defaulter shall, within a period of 45 (forty-five) days of the notification of the Scheme, extendable by another period of 15 (fifteen) days by the Commissioner of Taxes on sufficient cause shown, apply to the Commissioner of Taxes through the jurisdictional assessing officer in Form-1. The acknowledgement shall be issued by the concerned officer in Form-1A.
(2) (a) On receipt of application in Form-1, the concerned assessing officer shall update the interest up to the date of notification of the Scheme and thereafter forward the same including the Certificate of Arrears in Form-2 to the Commissioner of Taxes within 15(fifteen) days from the date of receipt excluding non-working days, if any.
(b) The interest so calculated as specified in clause (a) shall remain frozen subject to compliance with the provision of sub-rule(S)(i).
(3) On issuance of the Eligibility Certificate in Form-3 by the Commissioner of Taxes, the tax defaulter shall make payment of the first installment and all subsequent monthly installments within the due date specified therein.
(4) All payments should be made by Treasury Challan or through GRAS and a copy of the same should be furnished to the concerned Assessing officer within 10(ten) days from the date of payment and an acknowledgement thereof shall be issued by the concerned officer in Form-4.
(5) (i) Failure to make payment of an installment shall automatically render the eligibility Certificate null and void ab initio and further interest under Section 20-A of the Act shall accrue from the date of freezing of the interest including further penalty if applicable.
(ii) The concerned Assessing officer shall inform the Commissioner within 15(fifteen) days from the date fixed for payment of the installment in case of failure on the part of the tax defaulter to make payment of the installment.
(6) Under no circumstances, the applicant shall be entitled to get the refund of the amount paid under this instant Scheme, provided that, in case the offer under this instant Scheme is rendered null and void due to failure of the tax defaulter to make payment of any of the installment within the due date, the amount paid by the applicant under the instant Scheme shall be treated to have been paid under the Act as if this Scheme was never offered to or availed by the tax defaulter.
(1) A tax defaulter shall, within a period of 45 (forty-five) days of the notification of the Scheme, extendable by another period of 15 (fifteen) days by the Commissioner of Taxes on sufficient cause shown, apply to the Commissioner of Taxes through the jurisdictional assessing officer in Form-1. The acknowledgement shall be issued by the concerned officer in Form-1A.
(2) (a) On receipt of application in Form-1, the concerned assessing officer shall update the interest up to the date of notification of the Scheme and thereafter forward the same including the Certificate of Arrears in Form-2 to the Commissioner of Taxes within 15(fifteen) days from the date of receipt excluding non-working days, if any.
(b) The interest so calculated as specified in clause (a) shall remain frozen subject to compliance with the provision of sub-rule(S)(i).
(3) On issuance of the Eligibility Certificate in Form-3 by the Commissioner of Taxes, the tax defaulter shall make payment of the first installment and all subsequent monthly installments within the due date specified therein.
(4) All payments should be made by Treasury Challan or through GRAS and a copy of the same should be furnished to the concerned Assessing officer within 10(ten) days from the date of payment and an acknowledgement thereof shall be issued by the concerned officer in Form-4.
(5) (i) Failure to make payment of an installment shall automatically render the eligibility Certificate null and void ab initio and further interest under Section 20-A of the Act shall accrue from the date of freezing of the interest including further penalty if applicable.
(ii) The concerned Assessing officer shall inform the Commissioner within 15(fifteen) days from the date fixed for payment of the installment in case of failure on the part of the tax defaulter to make payment of the installment.
(6) Under no circumstances, the applicant shall be entitled to get the refund of the amount paid under this instant Scheme, provided that, in case the offer under this instant Scheme is rendered null and void due to failure of the tax defaulter to make payment of any of the installment within the due date, the amount paid by the applicant under the instant Scheme shall be treated to have been paid under the Act as if this Scheme was never offered to or availed by the tax defaulter.
Scheme Beneficiaries
Others
Scheme Benefits Type
Cash
Other Details
EQUATED MONTHLY INSTALLMENTS:
(1) The number of equated monthly installments shall be as under:
(a) Total arrear upto ₹l0 lakhs - six installments.
(b) Total arrear exceeding ₹10 lakhs upto ₹20 lakhs - 12 (twelve) installments.
(c) Total arrear exceeding ₹20 lakhs upto ₹50 lakhs - 24 (twenty-four) installments.
(d) ₹50 lakhs to ₹1 crore - 36 (thirty-six) installments.
(e) Exceeding ₹1 crore - 48 (forty-eight) installments.
ADJUSTMENT OF PAYMENT:
Any payment made in respect of the statutory order on or after the date of commencement of the instant Scheme, shall first be adjusted towards the amount of tax and thereafter towards the interest and the balance amount remaining unadjusted, shall then be adjusted towards the penalty, sequentially for each tax period.
TAX CLEARANCE CERTIFICATE:
On full payment of the sum total of arrear dues by the due date for each installment and on receipt of the report to the effect from the concerned Assessing officer, the Commissioner shall issue the Tax Clearance Certificate in Form-5.
VALIDITY:
The Scheme shall remain valid till the last installment is paid by the tax defaulter subject to the provision of Rule 4(5)(i).
(1) The number of equated monthly installments shall be as under:
(a) Total arrear upto ₹l0 lakhs - six installments.
(b) Total arrear exceeding ₹10 lakhs upto ₹20 lakhs - 12 (twelve) installments.
(c) Total arrear exceeding ₹20 lakhs upto ₹50 lakhs - 24 (twenty-four) installments.
(d) ₹50 lakhs to ₹1 crore - 36 (thirty-six) installments.
(e) Exceeding ₹1 crore - 48 (forty-eight) installments.
ADJUSTMENT OF PAYMENT:
Any payment made in respect of the statutory order on or after the date of commencement of the instant Scheme, shall first be adjusted towards the amount of tax and thereafter towards the interest and the balance amount remaining unadjusted, shall then be adjusted towards the penalty, sequentially for each tax period.
TAX CLEARANCE CERTIFICATE:
On full payment of the sum total of arrear dues by the due date for each installment and on receipt of the report to the effect from the concerned Assessing officer, the Commissioner shall issue the Tax Clearance Certificate in Form-5.
VALIDITY:
The Scheme shall remain valid till the last installment is paid by the tax defaulter subject to the provision of Rule 4(5)(i).
Age From
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to
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How to avail
(1) This Scheme shall be applicable to all Petrol Pump owners who are in default of payment of tax and other dues either partially or wholly for all quarterly tax periods upto March,_
(2) This Scheme shall not apply to a registered dealer who has been permitted by the Commissioner to make payment of the arrear dues in installments prior to the effective date of this scheme. Provided that a registered dealer, who has been so permitted by the Commissioner to make payment of the arrear in installments, may apply for availing the offer under this Scheme.
(2) This Scheme shall not apply to a registered dealer who has been permitted by the Commissioner to make payment of the arrear dues in installments prior to the effective date of this scheme. Provided that a registered dealer, who has been so permitted by the Commissioner to make payment of the arrear in installments, may apply for availing the offer under this Scheme.
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