Changes in MVAT Rate Schedule from 1St April 2016

FINANCE DEPARTMENT

Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya,

Mumbai-400032, dated the 30th March 2016.

NOTIFICATION

MAHARASHTRA VALUE ADDED TAX ACT, 2002.

No. VAT. 1516/C.R. 31/Taxation-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 effect from the 1st April 2016, amends SCHEDULES ‘A’and ‘C’ appended to the said Act, as follows, namely :—

In the Maharashtra Value Added Tax Act, 2002,—

(I) In SCHEDULE A,—

(1) in entry 9A, in column (2), for the figures, letters and word, “31st March 2016” the figures, letters and word “ 31st March 2017 ” shall be substituted ;

• in entry 51, in column (2),—

• in sub-entry (vii), after the word “Towels” the words, figures and brackets “ covered under tariff item No. 63049260 of the Central Excise Tariff Act, 1985 (5 of 1986) ” shall be added;

• the figures, letters and word “31st March 2016” the figures, letters and word, “31st March 2017” shall be substituted;

• in entry 59, in column (2), for the figures, letters and word, “31st March 2016” the figures, letters and word “31st March 2017” shall be substituted;

• after entry 59, the following entry shall be inserted, namely :—

‘‘59A Retrofit kits, used to modify the vehicles of the      Nil %”.

handicapped persons sold by the dealers, authorized by the

testing agencies prescribed in the Central Motor Vehicle

Rules, 1989.

• In Schedule C,—

• in the heading, for the figures, signs and words “2% or 3% or 4% or 5%”, the words, figures and signs “between 2% to 5.5% (including both)”, shall be substituted ;

(2) in column (3),—

(i) against entries at serial numbers 1, 2 and 3,for the figure and sign “5%”, wherever it occurs, the figures and sign “5.5%” shall be substituted ;

( ii) against sub-entry (b) of entry at serial number 4, for the figure and sign “5%”, the figures and sign “5.5%” shall be substituted ;

(iii) against entries at serial numbers 5, 6, 7, 9, 11, 12, 13, 14, 15, 16, 17, 17A, 18, 19, 21, 23 and 24 for the figure and sign “5%”, wherever it occurs, the figures and sign “5.5%” shall be substituted;

( iv) against sub-entry (b) of entry at serial number 25, for the figure and sign “5%”, the figures and sign “5.5%” shall be substituted;

(v) against entries at serial numbers 26, 28, 31, 31A, 32, 33, 34, 35, 36, 37, 38, 39, 41, 43, 44, 46, 47, 50, 53, 53A, 54, 55B, 56, 59, 61, 62, 64, 65, 66, 67, 69, 70, 71, 72, 73, 74, 75, 75A, 76, 77, 79, 80, 81, 82, 82A, 83, 83A, 84, 85, 85A, 87, 88, 89, 90, 91, 92, 93, 94, 96, 97, 98, 99 and 100, for the figure and sign “5%”, wherever it occurs, the figures and sign “5.5%” shall be substituted;

( vi) against sub-entry (b) of entry at serial number 101, for the figure and sign “5%”, the figures and sign “5.5%” shall be substituted;

(vii) against entries at serial numbers103, 105, 107, 108A, 110, 112, 113, 114, 115 and 116, for the figure and sign “5%”, wherever it occurs, the figures and sign “5.5%” shall be substituted;

(5) in entry 25, after sub-entry (b), the following sub-entry shall be added, namely:-(c) Cotton seed (Gossypium Spp) 2%”;

(6) in entry 29, in sub-entry (a),—

(a) in column (2), in clause (i), after the word “shampoos” the words, “ hair oils” shall be inserted;

( b) in column (3), for the figure and sign “5 %”, the figures and sign “5.5%,” shall be substituted;

(7) in entry 29A,—

(a) after clause (d), the following clause shall be added, namely :—

“(e) Sterile water for injection.                                                                 5.5%”;

( b) in column (3), for the figure and sign “5 %”, the figures and sign “5.5%,” shall be substituted;

Explanation.— Coconut oil, measuring 500 ml or its equivalence in weight or less and sold in any form of packaging shall be deemed to be not covered by this entry.

• in entry 68, sub-entry (iii) shall be deleted;

• after entry 79, the following entry shall be inserted, namely :—

(11) after entry 82A, the following entry shall be inserted, namely :—

“ 82B Repossessed motor vehicles, sold by banks and financial

institutions, on which entry tax or, as the case may be, sales tax,

has been paid at an earlier stage in the State.                                                 5.5%”;

• entry 102 shall be deleted;

• in entry 104,—

(a) in column (2), in sub- entry (c), after the words “ drawing charcoals” the words “, pencil box, gum, glue sticks, stapler pins, tape dispensers, dusters, files” shall be inserted;

(b) in column (3), for the figure and sign “5 %”, wherever it occurs, the figures and sign “5.5% shall be substituted;

(14) in entry 107, in sub-entry (11), after Explanation, the following clause shall be added, namely :—

“( g) Processed, semi-processed, semi cooked, ready-mix, ready to eat, shelled sweet corn whether or not sold,—

(ii) in a sealed container, or (iii) under a brand name

except when served for consumption. (15) in entry 108, in sub-entry (1),—

(a) in column (2), in clause (b), for the figures, letters and word “31st March 2016” the figures, letters and word “31st March 2017” shall be substituted;

( b) in column (3), for the figure and sign “5%” the figures and sign “5.5%” shall be substituted.

(16) in entry 111,—

(a) in column (2), for the words “ and LED bulbs” the words, ’’ LED bulbs and LED tube lights” shall be substituted;

(b) in column (3) for the figure and sign “5%” the figures and sign “5.5%” shall be substituted.

By order and in the name of the Governor of Maharashtra,

1. D. BHAGAT,

Deputy Secretary to Government.

ON BEHALF OF GOVERNMENT PRINTING, STATIONERY AND PUBLICATION, PRINTED AND PUBLISHED BY SHRI PARSHURAM JAGANNATH GOSAVI, PRINTED AT GOVERNMENT CENTRAL PRESS, 21-A, NETAJI SUBHASH ROAD, CHARNI ROAD, MUMBAI 400 004 AND PUBLISHED AT DIRECTORATE OF GOVERNMENT PRINTING, STATIONERY AND PUBLICATION, 21-A, NETAJI SUBHASH ROAD, CHARNI ROAD, MUMBAI 400 004, EDITOR : SHRI PARSHURAM JAGANNATH GOSAVI.