Goods and service Tax News, Articles and Notification
Traders in cities from Maharashtra are rightfully agitating over proposed introduction of LBT because of their concerns about multiplicity of indirect taxes and related compliances.
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Adv. Neerav Mainkar After years of dragging its feet on the abolition of Octroi at its Check Nakas in several cities, the State Government has finally abolished Octroi in the cities of Nagpur, Pune and Pimpri-Chinchwad, Thane & Navi Mumbai Municipal Corporations, replacing it with Local Body Tax (LBT).
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Maharashtra is the only proud state in the country where we have octroi. The issue of abolishing octroi has been a long pending demand of taxpayers, industries, traders and transporters from every corner of the state. The Kelkar Committee (2002) reiterated that with introduction of VAT there should be unification of indirect taxes into a single tax.
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Ashish Kedia It seems the arrogance of the government simply refuses to die! Inspite of being witness to one of the largest mass movements over the last 4-5 days by the business community in recent time, the government seems to be in no mood to show any empathy. Octroi taxes have a respectable antiquity, being [...]
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Central Sales tax (Registration and Turnover) Rules 1957, for furnishing of the portion marked ‘original’ of the Declaration Forms ‘C’, ‘E-I’ or ‘E-II’, ‘F’, ‘I’, ‘J’, and ‘H’ respectively, as per the following time schedule for the year 2011-12:-
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After going through the various schedules appended with the DVAT Act and judgment passed in the case of M/s Rich Graviss Products Pvt. Ltd. vs. Commissioner, Commercial Taxes, U.P., Lucknow by Commercial Taxes, Tribunal, U.P., Lucknow (Full Bench), I am of the considered view that that item i.e. ‘Non-Dairy Whipp Topping’ is preparation of fats [...]
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After going through the various schedules appended with the Delhi Value Added Tax Act, 2004, I am of the considered view that items Patang Dor, Patang Manjha and Patang Charkhi are not covered by any other entry of any other schedule appended to the said Act and hence is an unspecified items under section (4) [...]
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Provisions of section 33 of Punjab VAT Act and Rule 36 makes the law confusing regarding the criteria for determining the periodicity of the payment of taxes by a taxable person.
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Department of Sales Tax, Maharashtra State has displayed the return periodicity for the FY 2013-14 on their website. Enter your VAT TIN No. in the first box with ending V and click SEARCH. After result is displayed, click on the TIN No. appearing below. To check your periodicity, visit mahavat.gov.in
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GOVERNMENT OF NCT OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN, NEW DELHI No.F.7(420)/VAT/Policy/20 11 /117-123 , Dated:25/04/2013 CIRCULAR NO. 3 OF 2013-14 Sub: Filing of online returns for March, 2013 and Fourth Quarter 2012-13. In order to facilitate the filing of online DVAT/CST returns, in exercise of the powers conferred under Rule 49A [...]
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