Bihar Government notifies Bihar Settlement of Taxation Disputes Act and Rules for Pre-GST Settlements [Read Notification]
Traders must pay 10% of the interest and penalty, along with 35% of the disputed tax, to avail this unique opportunity.
By Manu Sharma - On March 23, 2024 7:32 pm - 2 mins read
The Government of Bihar has notified the Bihar Settlement of Taxation Disputes Act, 2024 and rules to implement and enforce the same. The Government had introduced a significant ‘one-time settlement’ initiative on Thursday, targeting traders burdened with tax liabilities from the pre-GST era. Deputy Chief Minister and Finance Minister Samrat Chaudhary presented the Bihar Tax…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
