Good news for businessmen. The central and state governments continuously implement new initiatives to address the needs of traders. These programs are accessible to all traders engaged in business activities. Recently, the Uttar Pradesh government has launched a scheme that is deemed highly advantageous for traders.
This initiative, specifically designed for traders, offers significant benefits. It is important to note that only those traders registered with the GST department are eligible to participate in this scheme.
Alpana Verma, the Deputy Commissioner of Unit 4 in the Mathura unit of the Uttar Pradesh State Tax Department, highlighted the importance of this scheme for traders. She emphasized that the department is actively providing these benefits to the trading community.
According to Deputy Commissioner Alpana Verma, this initiative presents a valuable opportunity for traders to fulfill their payment obligations promptly. She explained that the Amnesty Scheme from the State Tax Department allows tax defaulters to receive exemptions from interest and penalties, thereby encouraging them to settle their outstanding dues.
Defaulters have an opportunity to pay with reduced penalties under this program. To benefit from this initiative, taxpayers need to access the GST portal. Additionally, it’s important to complete and submit any outstanding returns. To enjoy the advantages of this scheme, any cases currently in the judicial process must be withdrawn.
Deputy Commissioner Alpana Verma also mentioned that any funds paid under this scheme are non-refundable.
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Sweta Mitra
Working in the media for last 7 years. The journey started in the year 2018. For the past few years, my working experience has been in Bengali media. Currently working at Timesbull.com. Here I write like Business, National, and Utility News. My favorite hobbies are listening to music, traveling, food,...
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