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2017 (5) TMI 1541 - HC - VAT and Sales TaxPenalty u/s 72(1) of KVAT Act - benefit of "Kara-samadhana Scheme of 2017" - Held that: - Clause 1.2 of the Scheme is crystal clear when it defines the terms "arrears of penalty and interest" means all kinds of penalties levied and all kinds of interest accrued under the provisions of the KST and CST Acts relating to all the assessment years ending on March 31, 2005 up to March 31, 2016. Obviously the said period will include the month of March 2015, the month in which there was a delay of 71 days in filing the returns by the petitioner. Thus, respondent No. 3 is not justified in claiming that the petitioner is not entitled to the benefit of the Scheme. Respondent No. 3 is directed to accept the application filed by the petitioner, in case it is filed prior to the closing of the office on May 31, 2017 along with the payment of 10 per cent. of the penalty - petition disposed off.
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