late fee Archives - All About Finance

MVAT Late fee exemption for the dealers who have not filed return up to 1st April, 2014

July 30, 2016July 10, 2014 by Taxclick Team

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 9th July 2014. NOTIFICATION THE MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT 1514/CR 44/ Taxation l.- “In exercise of the powers conferred by, proviso sub-sections (6) of section 20 of the Maharashtra Value Added Tax Act,2002 (Mah IX of 2005), … Read more

Exemption from late fee u/s 20(6) of MVAT Act – Trade Circular No. 8T of 2014

July 30, 2016March 12, 2014 by Taxclick Team

Background: If a person or a dealer fails to file a return under the MVAT Act or CST ACT, within the prescribed time, then such a person or dealer is required to pay late fee of Rs. 5000, before uploading such a return. [Sec. 20(6)]. This late fee is applicable for all the late returns, … Read more