Upto 100 percent interest to be waived in Excise Amnesty Scheme 2022

Upto 100 percent interest to be waived in Excise Amnesty Scheme 2022

This scheme is valid till September 2022 and applicable for cases of arrears before 31 March 2021.

 
excise dept

Cases decided under this scheme will not be permitted to be challenged in any court.

The state Excise Department has initiated an Excise Amnesty Scheme 2020 for outstanding Revenue cases. This scheme will be in operation till 30 September 2022. The defaulters who participate in this scheme to clear their dues, will get rebates on the principal amount and due interest.

This scheme has been initiated to expedite the disposal of old cases or Revenue Arrears and to attract the majority of defaulters, attractive rebates on principal and interest will be provided as per Excise Commissioner Prakash Rajpurohit. He said that the government has implemented this scheme with an aim to quickly dispose off dues recovery cases from the back-out tenderers of excise contracts as well as other cases of outstanding revenue.

Who will be permitted to avail this scheme

The scheme will be applicable to all cases of excise revenue arrears before 31 March 2021. All cases of demand generation for the said locking date will be included in this, even if the orders were issued after 1 April 2021.

Explained

  • For cases upto 31 March 2009: 5% of the principal amount needs to be deposits. 95% of the Principal due and 100% of the interest due will be waived off.
  • For cases betwen 1 April 2022 and 31 March 2014, 50% of the principal amount needs to be deposited. 50% of the principal and 100% interest will be waived off.
  • For cases between 1 April 2014 till 31 March 2021, 100% of the interest will be waived off, if the entire principal is deposited.

Exclusions from Amnesty

  • Arrear cases of excise revenue, which fall under Rajasthan Excise Act 1950 and are classifed as those of criminal tendency as well as those falling under NDPS Act 1985 will NOT be able to avail the benefits of this scheme.
  • Cases in which the entire amount has already been deposited, will not be considered.
  • If a partial amount has ben deposited in the past, then the benefit will accrue only on the remaining portion of the dues.
  • Cases pending in judicial or quasi-judicial processes will only be considered if an application to withdraw the suit is submitted in court.

Cases decided under this scheme will not be permitted to be challenged in any court. An underttaking to this extent on a Rs 500 stamp paper will need to be given to the department on behalf of the debtor.

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