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Himachal Pradesh State Cabinet approves Sadhbhawana (Third) Legacy Scheme to dispose 50,000 VAT & CST Cases

by | Mar 3, 2023 | Current Affairs | 0 comments

  • The Sadhbhawana Cases Legacy Resolution Scheme, 2023 was approved by the Himachal Pradesh State Cabinet on March 1st, 2023 under the leadership of Chief Minister Sukhvinder Singh Suku to resolve approximately 50,000 cases involving pre­Goods and Services Tax (GST) taxes such as Value Added Tax (VAT) and Central Sales Tax (C
  • This is the third such legacy scheme rolled out since 2020 to settle pending cases Value Added Tax (VAT) and Central Sales Tax (CST), which were later subsumed in the GST.
  • The scheme will be notified for three months initially. Dealers can deposit their taxes along with the prescribed settlement fee, where interest and penalty have been waived.
  • The State Taxes and Excise Department had earlier floated the Himachal Pradesh Swarn Jayanti (Legacy Cases Resolution) Scheme-2021.
  • It was applicable for four months initially and generated a revenue of Rs 91 crore. There was 1.68 lakh pending cases — 13,705 in Solan, 20,108 in Baddi-Barotiwala-Nalagarh, 11,615 in Sirmaur, and 9,869 in Una.