The Maharashtra State Government has extended the last dates for the FIRST PHASE and SECOND PHASE under Amnesty Scheme.
Accordingly, the First Phase now, ends on 31st July 2019. Whereas, Second Phase starts from 1st August 2019 and ends on 31st August 2019.
After the implementation of GST, Substantial amount of tax arrears due to large number of cases and litigations which are pending under the repealed laws administered by the state GST department which includes Central Sales Tax Act 1956, Bombay Sales Tax Act 1959, Purchase Tax on Sugarcane Act 1962, Profession Tax Act 1975, Right to use goods Act 1985, Entry of Motor Vehicle Act 1987, Luxury Tax Act 1987, Works Contract Act 1989, Value Added Tax Act 2002.
The State Government hence considered it expedient to provide for a scheme for settlement of arrears of tax, interest, penalty or late fee under the relevant Act which was levied or imposed, for the periods ending on or before the 30th June 2017.
The Ordinance provides for the settlement of arrears of tax, interest, penalty or, a late fee in TWO PHASES. The first phase will last for THREE MONTHS and the Second Phase for ONE MONTH. The First Phase provides a slightly higher waiver in respect of disputed tax, interest and penalty as compared to the waiver available in Second Phase.
It may be noted that to get the benefit under the First Phase it shall be mandatory for the applicant to submit the application and also need to make payment. In case the payment is made during the First Phase but the application is submitted after the due date, then such applicant shall be entitled to get benefit available for the Second Phase.
It is clarified that the tax for the purposes of this Act, includes the surcharge, turn-over tax, additional tax, tax deducted at source, tax collection at source and by whatever name the tax is called.
