Facility for Voluntary Payment of Tax Arrears under Jammu and Kashmir VAT Act

The Jammu and Kashmir Taxation Department, in order to facilitate voluntary payment of tax arrears payable under the Jammu and Kashmir Value Added Tax Act, 2005 has remitted 100% of the penalty and interest on arrears of tax in respect of dealers registered under the said Act and who pay arrears of VAT up to the accounting year 2015-16 in six equal monthly installments, with the first one being within one month from February 3, 2017.

The notification also specifies the categories of dealers who can avail the benefit of the scheme and actions which shall be regarded as disqualification from the scheme.

[No. ET/Estt/180/2016]


URL: https://jkcomtax.gov.in/JKPortal/manageUpload.htm?ACTION_TYPE=getlist&category=NOTI