Sponsored
    Follow Us:
Sponsored

Reduction in rate of VAT on Petrol & Diesel in Maharashtra

FINANCE DEPARTMENT
Madam Cama Road, Hutatma Rajguru Chowk, Mantralaya,
Mumbai 400 032, dated the 14th July, 2022.

NOTIFICATION

Maharashtra Value Added Tax Act, 2002.

No. VAT/1522/CR32/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 amends the SCHEDULE ‘B’ appended to the said Act, with effect from the 15th July, 2022, as follows namely :—

In the Maharashtra Value Added Tax Act, 2002, in Schedule ‘B’,—

(1) in entry 5,—

(a) in sub-entry (a), against clauses (i) and (ii), in column (3), for the figures, signs and words “24% + Three rupees per litre” the figures and sign “24%” shall be substituted;

(b) in sub-entry (b), in column (3), for the figures, signs and words, “21% + Three rupees per litre” the figures and sign “21%” shall be substituted;

(2) in entry 10,—

(a) in sub-entry (a), against clauses (i) and (ii), in column (3), for the figures, signs and words “26% + Ten rupees and twelve paise per litre” the figures, signs and words “26% + Five rupees and twelve paise per litre” shall be substituted;

(b) in sub-entry (b), in column (3), for the figures, signs and words, “25% + Ten rupees and twelve paise per litre” the figures, signs and words “25% + Five rupees and twelve paise per litre” shall be substituted.

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

MANDAR KELKAR,
Deputy Secretary to Government.

Sponsored

Tags:

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728