VARANASI, April 22 -- The Uttar Pradesh government has waived off interest and penalty worth Rs.119.50 crore imposed on 11,722 traders of 10 districts of eastern Uttar Pradesh after they deposited the GST for the year 2017 to 2020 under the provisions of penalty and interest waiver scheme.

The scheme for waiving off interest and financial penalty in lieu of depositing the GST was announced by the Uttar Pradesh government in November, 2024. This scheme was valid from January 25 to March 31.

According to a press statement, additional commissioner, State Tax, Varanasi Mithilesh Kumar Shukla said that 11,722 traders of 10 districts, namely Varanasi, Chandauli, Ghazipur, Azamgarh, Mau, Ballia, Mirzapur, Sonbhadra, Bhadohi, Jaunpur of Varanas...