Telangana One Time Settlement Scheme, 2022

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....e Commissioner of Commercial Taxes, Telangana, Hyderabad Letter dated: 07.04.2022. ***** ORDER:- In the letter read above the Commissioner of Commercial Taxes, Telangana, Hyderabad has informed that there is an arrear amount of around Rs. 3000 Cr pending in various stages of litigation and that this amount is not readily recoverable. In similar context, the state Governments of Maharashtr....

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....eme shall be known as The Telangana State One-Time Settlement Scheme 2022. 2. The provisions of this scheme shall apply to all registered and unregistered dealers under the Andhra Pradesh General Sales Tax Act, 1957, the Telangana Value Added Tax Act, 2005, the Central Sales Tax Act, 1956 and the Telangana Entry of the Goods into Local Areas Act, 2001. 3. For settlement of disput....

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.... (d) The timeframe under the One Time Settlement is as follows:- Sl. No Particulars Timeline (1) (2) (3) 1. Application to avail OTS 16.05.2022 to 30.06.2022 2. Scrutiny of application for confirming the arrear & Intimation 1.07.2022 to 15.07.2022 3. Submission of settlement letter by tax payer and payment of agreed amount 16.07.2022 to 15.08.20....

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....drawal of appeal (wherever applicable). v. The proceedings for settlement of balance tax, penalty and/or interest will be issued after realization of the total tax payable and disposal of the case as withdrawn by the respective legal forum. 6. For the amounts payable higher than Rs.25 lakhs, installment facility will be provided without interest up-to 4 equal monthly installments. Bank....