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Dear Professional Colleagues,

Greetings of the Day !

Haryana Government (Excise and Taxation Department) issued a Notification No. 71/ST-1 dated 30th December, 2023 regarding Haryana One Time Settlement Scheme for Recovery of Outstanding Dues, 2023. This scheme is operational from January 1, 2024, to March 30, 2024.

Applicable laws

· The Haryana Value Added Tax Act, 2003 (6 of 2003);
· The Central Sales Tax Act, 1956 (Central Act 74 of 1956) ;
· The Haryana Local Area Development Tax Act, 2000 (13 of 2000);
· The Haryana Tax on Entry of Goods in to Local Areas Act, 2008 (8 of 2008) ;
· The Haryana Tax on Luxuries Act, 2007 (23 of 2007) ;
· The Punjab Entertainment Duty Act, 1955 (Punjab Act 16 of 1955) ;
· The Haryana General Sales Tax Act, 1973 (20 of 1973)

Settlement of outstanding dues

An applicant opting for settlement of outstanding dues under this scheme shall have to pay, by way of settlement, an amount in lieu of his outstanding dues as mentioned below:

Serial Number	Category	Percentage of Tax or any other amount payable	Percentage of interest associated with tax	Percentage of penalty associated with tax
1.	Admitted Tax	•100%	•0%	•0%
2.	Disputed Tax	• 30% in case of tax amount equal to or less than Rs. 50 lacs • 50% in all other cases	•0%	•0%
3.	Undisputed Tax	• 40% in case of tax amount less than or equal to Rs. 50 lacs. • 60% in all other cases	• 0%	• 0%
4.	Differential Tax	• 30%	• 0%	• 0%

Dues in lumpsum or in installment

The applicant may opt to make payment for settlement of his outstanding dues in lumpsum or in installments as per the prescriber percentages.

Provisions under Section 142 of the GST laws

The applicants whose outstanding dues have been uploaded by the jurisdictional authority in FORM GST DRC-07A shall also be eligible to benefit from the scheme.
The jurisdictional authority shall, after successful issuance of FORM OTS-4 modify the demand created through FORM GST DRC-07A and issue FORM GST DRC 08A of the Haryana Goods and Services Tax Rules, 2017.

Applicants not eligible to opt scheme.

The following applicants shall not be eligible to opt for the scheme in case,-

criminal proceedings have been initiated against the applicant for any reason(s) under the relevant Acts;
the demand relates to erroneous refund(s) under the relevant Act.

Hope you find it interesting and useful to read.

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Hope you find it interesting and useful to read.

For any clarification/ feedback, feel free to write us at amrg@amrg.in.

Best regards,

AMRG Team

About Us

AMRG & Associates is an established Chartered Accountants firm. It came into existence in 1984 and since then has grown its branches across major Indian cities such as Delhi, Mumbai and Chandigarh. Since its inception, it has become one of the leading chartered accountants’ firms in North India. AMRG & Associates offers its clients a wide range of exceptional services through the expertise of its highly motivated group of trained professionals. The firm provides expertise in financial and business advisory, tax and regulatory, audit and assurance and risk advisory services.

AMRG & Associates has a client base of 200+ companies & individuals. The firm's approach to service delivery helps to provide value-added services to its wide clientele. Our differentiation is derived from a rapid performance based, industry-tailored and technology-enabled business advisory services delivered by talented professionals in the country.

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© -2023 AMRG & Associates All Rights Reserved. This document has been written for the general interest of our clients and professional colleagues and is subject to change. This document is not to be construed as any form of solicitation. It is not intended to be exhaustive or a substitute for legal advice. We cannot assume legal liability for any errors or omissions. Specific advice must be sought before taking any action pursuant to this document.

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