Maharashtra VAT notification enhancing Basic Tax Rate

• Friday, March 19, 2010, 10:38
• GST

The Maharashtra Government has issued Notification No. VAT-1510/CR 47/Taxation-1 dated 10 March, 2010 enhancing the basic rate of tax as mentioned below. The enhanced tax rate is effective from 1 April, 2010.

Particulars	Rate up to31 March, 2010	Rate with effect from 1 April, 2010
Goods falling under Schedule C and liable to tax at 4%, other than the declared goods, as defined under Section 14 of the Central Sales Tax Act, 1956	4%	5%

The flexibility of notifying varieties of tobacco which would be charged at concessional rate under Schedule C no longer subsists.

Further, the State Government has issued a corrigendum to the above notification and a circular to clarify that fabrics and sugar, as described in the First Schedule to the Additional Duties of Excise (Goods of Special Importance) Act, 1957, which were not chargeable to tax prior to the issuance of the subject notification, will continue to remain tax free.

Related Posts:-

1.Corrigendum to MVAT notification No. VAT.1510/ CR.47 taxation-1, dated 10th March 2010

2. Clarification on imposition of VAT on Sugar and Fabric

3. Silently proposed VAT on Fabrics by Maharashtra Government

4. MVAT – Amendment to Rate Schedule in “A” & “C”

Related posts:

1. Haryana VAT – Enhancement in basic rate of tax from 4% to 5%
2. Summary of UPVAT notification enhancing the rates of additional tax and exempting certain goods from tax
3. Exchange Rate notification for Import / Export of goods with effect from 1st February, 2010
4. Rate of Exchange for Import and Export of Goods – supersession of the notification No.18/2009-Customs (N. T.), dated the 28th January, 2009
5. Notification amending notification No. 6/2006 providing concessional rate of Central Excise duty on specified goods of Chapter 84-98

4 Comments on “Maharashtra VAT notification enhancing Basic Tax Rate”

• ketan patel wrote on 17 October, 2011, 14:52

  Hello

  Sir we are a Machinary Manufactura & sales in Nagpur

  which taxes is applicable to us ?

  VAT & CST NO IS SAME OR DIFFERENT ?

  WE ARE ALSO SERVICE OF MACHINERY AFTER SALES THAN SERVICE TAX RATE IS APLICABLE OR NOT ?
• Tina Sharma wrote on 3 January, 2012, 10:53

  i want the information Vat on services to export product.
• Tina Sharma wrote on 3 January, 2012, 10:54

  i want a information vat on export services.
• mahesh vaidya wrote on 3 March, 2012, 13:05

  Sir,

  I required which vat applicable on wood material.

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