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Haryana settlement of outstanding dues ordinance promulgated

Press Trust of India  |  Chandigarh 

Governor Kaptan Singh Solanki has promulgated the Settlement of Outstanding Dues Ordinance, 2017, to provide for expeditious recovery of outstanding dues under various Acts by bringing out settlement scheme.

As per the ordinance, there would be one or more schemes for settlement of outstanding dues and matter connected therewith or incidental thereto covering payment of tax, interest, penalty or any other dues under the relevant Acts related to any period up to March 31, 2017.


"This would be subject to such conditions and restrictions as may be specified in the scheme, covering period of limitation, rate of tax, tax, interest, penalty or any other dues payable by a person or an importer or a proprietor or an owner or a class of dealers or classes of dealers or all dealers," an official spokesman said here today.

He said that the Acts included in the Schedule are the General Sales Tax, 1973 (Repealed Act), the Value Added Act, 2003; the Central Sales Act, 1956; the Local Area Development Act, 2000 (Repealed Act); the on Entry of Goods in to Local Areas Act, 2008 (under litigation); the on Luxuries Act, 2007; the Punjab Entertainment Duty Act, 1955; the Punjab Passenger and Goods Taxation Act, 1952 (Repealed Act) and the Punjab Excise Act, 1914.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, June 16 2017. 19:58 IST
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