Bare Act
The Puducherry Settlement of Arrears Act, 2020
This Act provides a framework for the settlement of tax, penalty, and interest arrears for dealers operating within the Union territory of Puducherry. It specifically covers those liable under the Puducherry Value Added Tax Act, 2007 or the erstwhile Pondicherry General Sales Tax Act, 1967, allowing them to avail of a formal settlement process (Section 1). The law establishes that relief is extended to an "applicant" who is a dealer wishing to settle these financial liabilities through compliance (Section 2). It designates administrative oversight to the Appellate Assistant Commissioner, ensuring the proceedings adhere to the statutory hierarchy of tax administration (Section 2). The Act extends to the entirety of the Union territory and comes into force upon a government notification in the Official Gazette (Section 1).
- 1. Short title, extent and commencement.
- 2. Definitions.
- 3. Eligibility for settlement.
- 4. Application for settlement.
- 5. Determination of the amount payable by the applicant and payment thereof.
- 6. Rate applicable in determining amount payable and waiver.
- 7. Settlement of arrears and issue of certificate.
- 8. Bar on re-opening of settled cases.
- 9. Withdrawal of appeal, revisions and revenue recovery Actions.
- 10. Authority not to proceed in certain cases.
- 11. Revocation of certificate.
- 12. Information to be sent to authorities under relevant Act.
- 13. Power to remove difficulties.
- 14. Power to make rules.
PDF: pending for this language.