The Government of Nagaland on February 11, 2025, issued a circular regarding the enforcement of Tax Filing and Payment Provisions for Petroleum Dealers.
The following has been stated: -
•Jurisdictional Authorities are directed to enforce the following provisions under the Nagaland Petroleum Taxation Rules:
1)Filing returns as per specified quarterly deadlines.
2)Payment of tax within 21 days of each month, with the balance paid before filing quarterly returns.
3)For return defaults, a 2% monthly penalty applies from the due date until payment or assessment. These rules aim to safeguard the state's revenue.
The detailed circular is given in the document below.
[Circular No.CT/LEG/PET/15/2020/208]
