Swipe through the latest business and wealth clues with our android app

Maharashtra offers one-time pre-GST amnesty scheme

Maharashtra state government has launched an amnesty scheme for settlement of pre-GST state tax disputes under various state levies, including VAT, CST, entry tax, professional tax, luxury tax, and purchase tax on sugarcane. The move is aimed to ensure that the government recovers outstanding taxes and also clears the backlog of long pending assessments till the introduction of GST on July 1, 2017. The relief under the scheme is available only to taxpayers who have filed their relevant tax returns on or before July 15, 2019. Karnataka and West Bengal had already announced such schemes earlier. 

©2020 TheNewsClues