Petrol Pump retail outlets are not liable to file MVAT return – Notification

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 23rd October 2020 NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002, No. VAT/1520/CR-73/Tax-1.—Whereas, the Government of Maharashtra is satisfied that circumstances exist which render it necessary to take immediate action further to amend the Maharashtra Value Added Tax Rules, 2005 and to … Read more

Scheme for providing the criteria for selective risk based assessments under the Maharashtra Value Added Tax Act, 2002

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 11th October 2018. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT.1518/C.R. 23A/Taxation-1.— Whereas, on the implementation of the Goods and Services Tax in Maharashtra with effect from the 1st July 2017, the Finance Department vide Government Notification, Finance Department, No.VAT.1518/C.R. … Read more

Key Highlights Of Maharashtra Budget 2017-18

HIGHLIGHTS OF THE BUDGET SPEECH DATED 18TH MARCH, 2017 BY HONOURABLE MINISTER (FINANCE, PLANNING & FOREST) SHRI SUDHIR MUNGANTIWAR   Tax Concessions   Sugarcane Purchase Tax for the year 2016-17 exempted to give fair and remunerative price to the farmers. The condition regarding export of sugar for exemption for the year 2015-16 is removed.   … Read more

The Government of Maharashtra has increased the VAT rates from 17th September 2016

Maharashtra Notification Amends Schedule C, D, & E Enhance tax rate to 6% and 13.5% w.e.f. 17-9-2016 Notification No. VAT. 1516/CR-123/Taxation-1- Dated 16th September, 2016 In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra hereby, with … Read more

FAQS in respect Of MVAT 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 … Read more

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

MVAT rate on petrol is increased from 1st June 2016

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400032, Dated the 31.05.2016. NOTIFICATION Maharashtra Value Added Tax Act, 2002_ No. VAT 1516/ CR 77/Taxa.tion-1.—In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra, hereby with … Read more

Step by step procedure SAP based new registration and Billing Software

Office of the Commissioner of Sales Tax, 8th Floor, Vikrikar Bhavan, Mazgaon, Mumbai   Trade Circular To —————— —————— No: Project Director/ADIC/New Automation/First Phase Go Live/B- 167          Dt 24-05-2016 Trade Circular Number : 18T of 2016 Ref: Trade Circular No 7 T of 2016 dated 25-02-2016 Subject: Go Live of SAP based new registration … Read more

MVAT Rate Schedule applicable from 1.4.2016

MVAT Rate Schedule is divided in 5 different categories which are as below: Schedule Particulars Click here to get Complete schedule A List of the Goods which the rate of tax is NIL Schedule A B List of the Goods which Rate of Tax is 1% or 1.1% Schedule B C List of the Goods which … Read more