The Tamil Nadu Legislative Assembly on Tuesday adopted a Bill to reintroduce an effective Samadhan Scheme to provide another opportunity to settle the arrears of tax, penalty (prior to GST regime) and interest payable to the government pertaining to the assessments under various Acts up to 2017-18. Assessments made on or before March 31, 2021 would benefit from the scheme.
The Bill introduced by Minister for Commercial Taxes and Registration P. Moorthy and adopted by the House the same day is in line with the announcement made by the Tamil Nadu government in the floor of the Assembly on August 13, 2021 that it would launch an effective Samadhan Scheme to clear pending dues of ₹28,000 crore under Tamil Nadu Value Added Tax and other legacy legislations.
Representations were received from various trade associations for the reintroduction of the Samadhan Scheme for expeditious settlement of the pending cases and in order to mitigate the hardship of the dealers and to reduce tax litigations.
