The Directorate of Commercial Taxes, West Bengal on April 25, 2023, issued a notification regarding the settlement of arrear disputes in Tax, Interest, Late fee, and Penalty
The following has been stated namely: -
• It has issued the date May 31, 2023, for the settlement of arrear disputes in Tax, Interest, Late fee, Penalty, etc. as stood on February 10, 2023, for the period up to June 30, 2017
• It states that for Value Added Tax, Central Sales Tax, and Sales Tax it has been directed to pay only 15% for forms/certificates related to disputed tax and 15% for other disputed taxes and 100% waiver of Interest, Late fee, and a Penalty.
• It states for the Entry Tax it has been directed to pay only 50% of the disputed tax and 100% waiver of Interest, Late fee, and Penalty.
• It further states that the transporter can also apply for this scheme where in they shall pay 2% of 15000 whichever is lower for other penalties related to evasion of tax.
• For Further details can be viewed at the SOD 2023 Tab
