Professional Tax (PTRC) Amnesty Scheme 2018

Due Date extended for filing PT Returns without late fee in Maharashtra   

Late fees are not payable for delayed return filing of Professional Tax (PTRC) Returns in Maharashtra by the registered employer in respect of monthly or annual returns pertaining to periods April 2016 to November 2018 if the amount payable as per return should have been/shall be paid on or before the due date. The aforesaid employers should submit the monthly or, as the case may be, annual returns pertaining to the periods April 2016 to November 2018 on or before 31^st December 2018.

Exemption from payment of late fee u/s. 6(3) –

1. Kindly refer to Trade Circular No. 15T of 2018 dated 21.05.2018. By this circular, the whole of the late fee payable by the registered employer in respect of monthly or annual returns pertaining to periods April 2016 to June 2018 was exempted subject to fulfilment of eligibility conditions due to technical difficulties faced by the taxpayers.
2. As these technical difficulties are not fully resolved_, it is proposed to extend the date of filing returns without payment of late fee. Hence, under the powers conferred by Notification No. PFT-2014/CR-38/taxation dated 21.08.2014 issued by the State Government on the proviso of section 6(3) of the Profession Tax Act, 1975 the whole of the late fee payable by the registered employer in respect of monthly or annual returns pertaining to periods April 2016 to November 2018 is exempted subject to fulfilment of eligibility conditions mentioned below:
3. Eligibility Conditions:-

          i) Any amount payable as per return should have been/shall be paid on or before the due date.

        ii) The aforesaid employers should submit the monthly or, as the case may be, annual returns pertaining to the periods April 2016 to November 2018 on or before 31^st December 2018.

   4.  Needless to mention that no refund or adjustment against any tax liability shall be allowed where the late fee has already been paid.

  5.  Revocation of Late fee exemption: If it is found that the employer has not fulfilled the conditions or has submitted false information to avail the benefit of exemption then, his exemption of late fee shall be revoked and action will be taken against him as per the provisions of law.