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AC gives amnesty to settle tax arrears of pre GST regime

AC gives amnesty to settle tax arrears of pre GST regime

The Administrative Council (AC) which met here under the chairmanship of the Lieutenant Governor, Manoj Sinha approved a proposal of the Finance Department for granting amnesty for settlement of Tax arrears pertaining to pre GST regime.

Rajeev Rai Bhatnagar, Advisor to the Lieutenant Governor; Atal Dulloo, Chief Secretary; Mandeep Kumar Bhandari, Principal Secretary to Lieutenant Governor attended the meeting.

This step is going to provide relief to the tax payers in the form of waiver of interest and penalty besides recovery of the blocked revenue to the Government.

Earlier all dealers could not take benefit of erstwhile amnesty scheme issued vide Govt. order no. 39-FD of 2018 dated 05/02/2018 due to various reasons including Covid-19 pandemic.

Srinagar News

Srinagar News is one of the oldest newspaper in kashmir it was founded by Late Mehraj-ud-Din Wani Sahab in 1975.

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