late fees

Exemption from payment of late fee under section 20(6) is only after payment of tax and interest – Trade Circular No. 13T of 2014

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Description A late fee of rupees 5000 for delayed returns was introduced with effect from 1st August 2012, under the Maharashtra Value Added Tax Act, 2002 by virtue of sub-section (6) inserted in sections 20. 2 The State Government issued a notification under the proviso to section 20(6) on 1 st January 2014,providing for exemption … Read more

Late Fees Exemption Conditions under MVAT Act 2002 – MVAT Notification dated 27/12/2013

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FINANCE DEPARTMENT Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 24th December 2013 . NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT. 2002.   No. VAT 1513/C.R. 124/Taxation-1.-In exercise of the powers conferred by the proviso to sub-section (6) of section 20 of the ‘Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government … Read more