FAQ’s on Settlement of Arrears in Dispute Act, 2016

8th floor, Vikrikar Bhavan, Mazgaon, Mumbai-400010. TRADE CIRCULAR To, ………………………. ……………………….   No. VAT/MMB-2015/47/2016-17/ADM-8                                                                              dated 30th June 2016. Trade Cir. No. 19T of 2016 Subject : FAQ’s on Settlement of Arrears in Disputes Act, 2016. Ref. : (1) The Maharashtra Settlement of Arrears in Disputes Act, 2016. (Act No. XVI of 2016)            (2) … Read more

FAQ on VAT return filing in new Automation System

Q.1         What are the types of return I need to file? Ans.       There is no change in type of returns. You are required to file the same type of returns which you have been filing until now. Q.2         Should I use different annexure for every return form? Ans.       No, you have to use single annexure … Read more

US-Dollar Cheque Collection – RBI FAQ

One of the services rendered by banks as part of their normal banking operations is collection of cheques deposited by their customers, some of which, could also be drawn or payable on banks that are outside the country. Such cheques are called foreign currency cheques and, presently, a significant part of these cheques are US-Dollar … Read more