Haryana chief minister Manohar Lal Khattar on Thursday introduced a one-time scheme for the settlement of arrears below the Passenger and Items Tax. The scheme has been devised with an intention to get well the excellent arrears of Passenger and Items Tax, which, Khattar mentioned, amounted to greater than Rs. 2,000 crore due until March 31, 2017.
“The Punjab Passenger and Items Act, 1952, was abolished. Nevertheless, the tax, curiosity and penalty of whole ₹2,113 crore was due earlier than the mentioned Act was withdrawn,” the chief minister mentioned in a press briefing.
Beneath the one-time scheme, which was formulated by the transport division, if the fee is made inside 90 days of the date of difficulty of the notification, the beneficiary will likely be required to pay the principal tax quantity together with a lump sum settlement quantity equal to 25% of the principal tax.
In the meantime, Khattar additionally shared the small print in regards to the automobile tax, curiosity and penalty quantity as per the preliminary evaluation. “As many as 262,715 autos had a complete payable tax of ₹778 crore as much as March 31, 2017, whereas the curiosity payable until the mentioned date stood at ₹761 crore,” the BJP chief mentioned.
He additionally shared that from April 1, 2017, to March 31, 2021, the entire calculated curiosity was Rs. 574 crores.
Collectively, these quantity to ₹2,113 crore.