The Department of Goods and Services Tax, Govt. of Maharashtra on March 17, 2025, issued the Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee (Payable by Public Sector Undertaking Companies) Bill, 2025.
The following has been stated namely: -
• SECTION 3, which states that the Commissioner of State Tax is designated as the Commissioner for the Act, and officers under the Value Added Tax Act or Goods and Services Tax Act are appointed as designated authorities. The Commissioner may delegate powers to these authorities through a notification, allowing them to exercise authority within their jurisdiction as specified under the respective tax acts.
• SECTION 4, which states that applicants, whether registered or not under the Relevant Act, are eligible to apply for the settlement of tax arrears, interest, penalty, or late fees for the specified period, regardless of whether the arrears are disputed in an appeal. Those who have previously benefited from any Amnesty Schemes or Settlement Acts, including the Maharashtra Settlement of Arrears Acts from 2016 to 2023, are also eligible, provided they comply with the conditions in section 11 and other provisions of the Act.
• SECTION 5, which states that if the Department of Goods and Services Tax has filed a reference or appeal before the Maharashtra Sales Tax Tribunal or the Courts, the disputed demands (tax, interest, penalty, or late fee) can be considered for settlement by the applicant. Once settled under this Act, there will be no refund, adjustment, or recovery of the amount paid or any waiver already granted.
Detailed notification is attached below.
[Bill No. XXI of 2025]
