Waiver of outstanding interest and penalty scheme of UP Commercial Tax Department

Waiver of outstanding interest and penalty scheme of UP Commercial Tax Department

As per the Notification issued in this regard, the waiver scheme shall apply to pending demands /penalty arising out of all orders passed till 31.03.2019. 

The Scheme applies to all orders passed under U.P. Trade Tax Act 1948, Central Sales Tax Act, 1956, U.P. Entertainment & Betting Tax Act 1979, U. P. Entry Tax 2007, U.P. VAT Act 2008 and U.P. Cable Television Network (Exhibition) Regulation 1997.

The Scheme shall remain in force till the end of three months from the date of Government Order.

Waiver of outstanding interest and penalty scheme of UP Commercial Tax Department

The Government Order issued in this respect states that due to the waiver scheme, the traders shall be able to devote their attention to GST because they shall be given opportunity of interest waiver and exemption from any coercive action. The biggest attraction of the Scheme is that on payment of due tax they will get relief from interest and penalty.

It is estimated that the benefit of the said Scheme can be availed by 3,23,439 traders who owe 23457.96 crores outstanding tax. Also arrangements are made to give option of instalment payment (EMI) for the monthly payment of tax.

It has been clarified that the exemption from penalty shall be restricted to only those penalty levied due to non payment of outstanding tax and shall not apply to any other penalty.

Traders who pay the due/outstanding tax shall be issued a No Dues Certificate on the condition that if in future it is found that the trader has supressed its turnover/caused loss to the Revenue, then immunity shall be withdrawn.

All the application for the Interest Waiver Scheme shall be made only through the Departmental Portal only. For small traders, facility shall be provided at local office level.

Amount to be waived based on amount of due tax paid shall be as under:

Download GO for Waiver Scheme Click Here >>

• If assessee fails to explain source of purchases, estimating profit rate contrary to Section 69C
• Income Tax Department not trusted even upon its lawyers – SC slams ITD for delay
• Goods loaded in two trucks with one e-way bill stating both truck numbers – No evasion
• GOI makes four new Labour Codes  effective from 21st November 2025
• Provident fund dues have first charge over claim of bank under SARFAESI Act – SC