The Telangana Sales Tax (Settlement of Disputes) Act, 2001
The Telangana Sales Tax (Settlement of Disputes) Act, 2001
This Act regulates the resolution of pending tax disputes in Telangana, specifically covering unpaid sales, entertainment, and central sales taxes, penalties, and interest due by March 2001. It applies to both registered and unregistered dealers with disputes of one crore rupees or less per assessment year. The law matters because it offers businesses a clear pathway to settle outstanding litigation by waiving fifty percent of unpaid taxes and ninety percent of associated penalties and interest if the remaining balance is paid. This allows businesses to clear legal liabilities while helping the state government collect outstanding revenue and reduce court backlogs.
- 1. Short title, extent and commencement.
- 2. Definitions.
- 3. Application of the provisions of the law relating to Telangana General Sales Tax Act, 1957, Telangana Entertainments Tax Act, 1939 and Central Sales Tax Act, 1956.
- 4. Application of the Act.
- 5. Act not apply to certain cases.
- 6. Waiver of the tax, etc.,
- 7. Competent authority.
- 8. Withdrawal of appeal, revision etc.,
- 9. Eligibility for settlement.
- 10. Application for settlement.
- 11. Determination of amount payable by the applicant.
- 12. Settlement of dispute.
- 13. Rectification of error.
- 14. Revocation of certificate of settlement.
- 15. Power to make rules.
- 16. Repeal of Ordinance.
PDF: pending for this language.