Punjab extends deadline of one-time scheme for settling tax dues of pre-GST period till Sept 30
GST
Dated:- 31-7-2026
PTI
Chandigarh, Jul 31 (PTI) The Punjab government on Friday announced the extension of its one-time tax settlement scheme till September 30 for clearing pending dues for the period before the implementation of GST (goods and services tax).
The earlier deadline of the One-Time Settlement (OTS) Scheme 2025 was July 31.
GST, a unified taxation regime to replace multiple indirect taxes levied by central and state governments, was implemented nationwide on July 1, 2017.
The extension of the deadline will allow eligible taxpayers to settle pending tax disputes with substantial relief, said Finance, Excise
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ly policies aimed at resolving legacy tax disputes.
At the same time, Cheema said, the Excise and Taxation Department has intensified recovery proceedings against habitual defaulters of value added tax (VAT) through property attachment and auction.
More than Rs 12.39 crore has been recovered through enforcement action, with several defaulters opting for the OTS scheme after recovery proceedings were initiated, he said.
The department has scheduled 13 auction proceedings in August to recover around Rs 48.48 crore in outstanding dues, Cheema said and urged the taxpayers to settle their liabilities under the scheme before the auction dates.
Calling the extension a “strictly final” opportunity, Cheema warned that no further exte
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