CURATED BY – GAURAV SINGHAL | CITYCHIEFNEWS

Saharanpur. District Magistrate Manish Bansal said that the penalty and interest waiver scheme has been implemented by the Government of India and the Government of Uttar Pradesh in the order of demand created under Section-73 of the GST Act during the period 01.07.2017 to 31.03.2020, which is applicable till 31 March 2025. Under this scheme, full exemption is being given on the penalty and interest payable in respect of the demand created by the concerned taxpayer if the amount of principal tax is deposited by 31 March 2025 and no appeal is filed or the filed appeal is withdrawn. DM Manish Bansal said that there are a total of 4397 cases in the district in which the amount of tax is 44.43 crores and the amount of penalty and interest is 59.5 crores. He said that it is necessary to motivate the concerned taxpayers in the district to take advantage of this scheme, so that not only will the concerned taxpayers get great relief from the waiver of penalty and interest of 59.5 crores, but also the receipt of a total revenue of 44.43 crores in the district will be ensured by March 31, 2025.