AMNESTY SCHEME FOR VAT
RAJASTHAN
The Rajasthan Government has introduced an Amnesty Scheme related to outstanding demand of tax via Notification No. F. 12(16)FD/Tax/2009-188 Dated 09th February 2015, where the dealer can save the interest and penalty on the taxes imposed by the government.
Applicability of the Scheme
1. The Scheme is applicable to the dealer with an outstanding demand upto Rs.5 Crores under
a. Rajasthan Sales Tax Act,1954
b. Rajasthan Sales Tax Act,1994
c. Rajasthan Value Added Tax,2003
d. The Central Sales Tax Act,1956
2. The Scheme is applicable to dealers whose demand is created on or before 31st March,2011.
3. In case where the demand is under dispute and the case is filed by the applicant/ department on or before 31st December,2013, which is pending under any court or Appellate Authority.
Benefits under the Scheme
|
S.NO |
DEMAND RELATING TO |
BENEFIT |
|
1 |
a)
Tax Evasion
b)
Misuse of Declaration Forms
c)
Unaccounted Goods
d)
Goods in Transit |
80% of interest &
75% of penalty |
|
2 |
Interest |
85% of interest |
|
3 |
Others |
80% of interest |
Procedure for availing the benefits –
1. The applicant should submit an application in Form AS-I to the assessing authority, along with the details of deposit of tax and /or penalty and/or interest, as the case may be, and proof of withdrawal of case from the concerned Appellate Authority, if any upto 31.03.2015.
2. Form AS-II will be issued by the Assessing Authority, if he is satisfied with the details mentioned in the application. .
3. The Assessing Authority shall also reduce the outstanding demand of penalty and /or interest, as the case may be from Demand and Collection Register.
4. Where the case of prosecution has been filed by department under clause (d) of sub-section (1) of section 67 of Rajasthan Value Added Tax Act, 2003 or any provisions of the Act repealed by the said Act and the applicant has deposited the amount as required under this scheme, on being satisfied, the Assessing authority shall proceed to withdraw the case from the court.
5. The assessing authority shall forward the copy of form AS-II to the concerned Deputy Commissioner (Administration) and he shall also forward the copy of form AS-II to the commissioner, in the cases where the amount is above Rs. Five lacs.
