Punjab Newsline, Chandigarh-
Keeping in view the interests of small taxpayers, Haryana government has launched One Time Settlement Scheme, for the benefit of the small taxpayers who are having quantified outstanding tax dues under seven Acts including VAT and CST. This scheme will expire on September 27, 2025. Notably, till date, about 97,039 taxpayers have taken benefit of the scheme and have settled their tax arrears worth Rs.712.88 Crore.
Sharing information in this regard an official spokesperson said that the scheme is applicable on the quantified outstanding dues upto the period of June 30, 2017 under seven relevant Acts. The relevant Acts are :- (i) The Haryana Value Added Tax Act, 2003 (6 of 2003); (ii) The Central Sales Tax Act, 1956 (Central Act 74 of 1956); (iii) The Haryana Tax on Luxuries Act, 2007 (23 of 2007); (iv) The Haryana Entertainment Duty Act, 1955 (Punjab Act 16 of 1955); (v) The Haryana General Sales Tax Act, 1973 (20 of 1973). (vi) The Haryana Local Area Development Tax Act, 2000 (13 of 2000); (vii) The Haryana Tax on Entry of Goods into Local Areas Act, 2008 (8 of 2008);
The spokesperson said that under this scheme, taxpayers are being provided substantial relief, with complete waiver of outstanding interest and penalty. For dues up to Rs.10 lakh: a standard waiver of Rs.1 lakh plus 60 percent Waiver of Tax dues (after deducting standard waiver) on the remaining amount. For dues above Rs. 10 lakh to Rs.10 crore: 50 percent Waiver of Tax dues (after deducting standard waiver).Similarly, for dues above Rs. 10 crore: only the principal tax is payable, with 100 percent waiver of interest and penalty.
The spokesperson further said that the taxpayer has an option to pay the settlement amount in two equal instalments and no interest is chargeable on these installments. The Haryana Government has appealed to all taxpayers to make the most of this opportunity and settle their outstanding dues under the “One Time Settlement Scheme, 2025” before the closing date.