Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Scheme -2022

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Maharashtra Budget 2022 proposes Amnesty Scheme  

Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Scheme -2022

Maharashtra Dy CM (Finance) Shri Ajit Pawar during his budget speech proposes Amnesty Scheme on various taxes levied by Sales Tax Department before introduction of GST Act. 

To provide relief to the common citizen, the industry and business, he propose to introduce amnesty scheme. This Scheme is applicable regarding concessions on various taxes levied by Sales Tax Department before introduction of GST Act.

Highlights of The Budget Speech dated 11th March, 2022

1. This Amnesty Scheme will be called as “Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Scheme -2022”. 

2. This Scheme is applicable on various taxes levied by Sales Tax Department before introduction of GST Act and duration of this Amnesty Scheme will be from April 1, 2022 to September 30, 2022.

3. Complete waiver of the arrears in cases where arrears are of Rs. 10,000 or less per year. As a result small dealers will be benefited in almost one lakh cases.

4. Dealers having arrears up to Rs. 10 lakhs or less will pay only lump-sum of 20% amount. As a result medium dealers will be benefited in almost two lakh and twenty thousand cases.

Tax Concession on Stamp Duty :—
(1) To give incentive to construction business, the time period stipulated under article 5 (g-a) (ii) of Maharashtra Stamp Act is increased from one year to three year.

(2) Stamp Duty exemption is proposed on gift deeds without consideration to corporations and institutions under jurisdiction of State Government.

(3) Amnesty Scheme is proposed from 1st April, 2022 to 30th November, 2022 for pending penalty dues.

(4) Stamp duty waiver on gold-silver delivery order documents imported into the State of Maharashtra.

Update: The Maharashtra Government passed a Bill on 22/03/2022 to provide for settlement of arrears of tax, interest, penalty or late fee that were payable under Acts prior to the implementation of Goods and Services Tax (GST).The Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2022 will be effective from April 01, 2022.


Maharashtra Sales Tax has launched Amnesty Scheme 2022 to settle the disputes in respect of VAT and Allied Act prior to 30th June 2017. Avail this great opportunity to settle the disputes of tax prior to GST at earliest.

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