The Government of Maharashtra on April 06, 2023, published the Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2023
This Act aims to provide for the settlement of arrears of tax, interest, penalty, or late fee which were levied, payable, or imposed, respectively, under various Acts administered by the Goods and Services Tax Department and for the matters connected therewith or incidental thereto
This Act shall come into force on May 01, 2023
The following has been stated namely: -
• It has defined various terminologies such as “Tax on the Entry Act”, “requisite amount”, “order of settlement”, “un-disputed tax” etc.
• It states that the Commissioner of State Tax shall be the Commissioner for the purposes of this Act.
• It states that an applicant, whether registered or not under the Relevant Act, shall be eligible to make an application for settlement of arrears of tax, interest, penalty, or late fee in respect of the specified period, whether such arrears are disputed in appeal under the Relevant Act or not.
• It states that the applicant, who has availed benefits under any of the Amnesty Schemes, as declared by the Government under any Government Resolution or under the Maharashtra Settlement of Arrears in Disputes Act, 2016 or the Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019 or the Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2022 shall also be eligible to make an application under this Act
• It states that the payment of the requisite amount as determined shall be made in the form of Chalan prescribed under the Relevant Act or, in Form-MTR-6 prescribed under the Value Added Tax Rules
• The requisite amount shall be paid under One Time Payment option, provided that, in case the arrears are in excess of rupees fifty lahks, then the applicant may opt to pay the requisite amount under the Instalment option mentioned under the Table
• It states that Under no circumstances, the applicant shall be entitled to get a refund of any amount paid
• The Commissioner may, from time to time, issue instructions and directions as he may deem fit to the designated authorities, for carrying out the purposes of this Act
[Notification No. RNI No. MAHENG /2009/35528]
