We have filled vat return e-704 for f.y 2012-2013 and there was a interest payable 120000/- , there was no statutory orders from department regarding demand and not any appeal file by us so whether this amt can be written off as it is below 2 lakh under amnesty scheme 2023 or as there was no any assessment order by department and neither any appeal file by us so is it we have to pay the 15 percent of the above and not eligible for writeoff .
Regarding the Maharashtra VAT Amnesty Scheme 2023, here’s a summary relevant to your query:
The scheme allows for write-off or waiver of penalty and interest on outstanding VAT dues under certain conditions.
Amount threshold: Debts below Rs. 2 lakh can be written off fully, subject to scheme conditions.
However, for dues to be eligible for write-off, there must be an assessment order or demand order issued by the department.
If there is no statutory order (no demand or assessment order) from the department, and no appeal filed, the liability remains as self-assessed.
In such cases, amnesty scheme benefits like write-off may not apply fully.
Typically, the scheme requires a certain percentage payment (often 15%) to be made on such outstanding dues to avail the waiver on the balance.
So, if no demand order exists, the interest payable might not be eligible for complete write-off without payment.
Since you have interest payable of Rs. 1,20,000 for FY 2012-13 without any demand or appeal, the amount might not be directly written off under the scheme.
You may need to pay 15% of the amount (i.e., Rs. 18,000 approx) to avail the waiver on the rest.
Please verify the exact provisions of the Maharashtra VAT Amnesty Scheme 2023 notification.
Consult the official Maharashtra VAT Amnesty Scheme 2023 notification for exact eligibility and payment terms.
Contact your local VAT department or a tax consultant for confirmation before proceeding.
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