Maharashtra takes lead to clear pre-GST cases

The government of Maharashtra promulgated an Ordinance on March 6, notifying a scheme for settlement of tax arrears, as a logical follow on to its state cabinet approval. The underlying objective: Offer a window for the closure of pre-GST tax cases. A need to address the menace of disputes under the erstwhile laws cannot be over-emphasised. As per the Economic Survey 2018, central indirect tax cases were valued at a whopping Rs 2.62 trillion. There is no credible government data on the quantum of disputes under state indirect taxes.

Broadly, the scheme gives an option to deposit all undisputed (i.e. accepted)