STATE TIMES NEWS
JAMMU: The Central Government has extended period for availing Sabka Vishwas (Legacy Dispute Resolution) scheme upto December 31, 2020 for eligible tax-payers from Union Territories of Jammu & Kashmir and Ladakh. This decision would turn out to be a major relief to taxpayers of Jammu & Kashmir and Ladakh who faced genuine difficulties in availing the scheme earlier due to numerous reasons. It was stated by H B Negi, Commissioner, CGST Commissionerate, Jammu, in a press statement issued on Friday.Negi further conveyed that the scheme has been extended only for J&K & Ladakh UTs with an objective of reducing litigation and disputes relating to legacy taxes (central excise), so that tax-payers could focus on Goods & Service Tax (GST), which was introduced in 2017.He further stated that scheme would provide tax-payers relief in payment of disputed tax amounts ranging from 70 per cent (of tax amount) to 40 per cent along with full waiver of interest and penalty.The Commissioner, CGST Commissionerate, Jammu advised all tax-payers not to miss out the second opportunity, which might also be the last one, for availing the scheme.
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Withheld some a/cs within India, to continue advocating right of free expression: Twitter
New generation ICD with latest technology implanted at SSH Jammu
Arthritis drug no better than standard care for severe COVID-19, says study
India asks WhatsApp to withdraw changes to privacy policy
People shouldn’t hesitate to get vaccinated, listen to scientists: Delhi’s 1st COVID patient
Rupee slumps 29 paise to 73.76 against US dollar in early trade
Can AI pay a month’s salary to terminated contractual pilots: HC asks national carrier
Rupee tanks 67 paise to 73.10 against US dollar in early trade
Gold falls Rs 148, silver declines Rs 886
Rupee gains 14 paise to 72.32 against US dollar in early trade
Download 10Cric Casino app, and enjoy Indias most popular casino games, directly on your mobile!
Gamble with real money online! Play Indias favourite casino games at 7Jackpots.com, Indias most trusted online casino site.
© 2020 State Times Daily Newspaper | Powered by Ideogram Technology Solutions [P] Ltd.