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Towles is nil rate of MVAT from 1st April 2016 - All About Finance

Towles is nil rate of MVAT from 1st April 2016

FINANCE DEPARTMENT

Madam Cama Marg, Hutatma Rajguru Chowk,

Mantralaya, Mumbai 400 032, dated the 20th April 2016

NOTIFICATION

MAHARASHTRA VALUE ADDED TAX ACT, 2002.

No. VAT. 1516/CR 61/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 Schedule ‘A’ appended to the said Act, as follows, Namely :—

In Schedule A Maharashtra Value Added Tax Act, 2002, in entry 51, in column (2), for sub-entry (vii), the following sub-entry shall be substituted, namely :—

“(vii) Towels.”

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

R. D. BHAGAT,

Deputy Secretary to Government.

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