No. VAT/AMD-1010/ 1C/1Adm-6

Trade Cir. No.11T of 2010, Date: 17.03.2010

Sub:  Increase in rate of tax – Schedule C.

Ref: (1) Government Notification No. VAT.1510/CR- 47/Taxation- 1 dated 10th March, 2010.

(2) Corrigendum No. VAT 1510/CR-47/Taxation -1 dated 17th March 2010 Extraordinary No.54

Gentlemen/Sir/ Madam,

Government of Maharashtra has raised the rate of tax under Schedule ‘C’ of Maharashtra Value Added Tax Act, 2002 from 4 per cent to 5% on goods other than declared goods with effect from 1st April 2010. A notification to this effect has been issued as referred above. While issuing the notification, an inadvertent error had crept in, leading to inference that some fabrics & sugar would become taxable from 1st April 2010. However, a corrigendum has now been issued to correct the mistake & it is hereby clarified that the fabrics & sugars which were tax free prior to issue of this notification continue to remain as tax free.

You are requested to bring contents of this circular to the notice of the members of your association.

Yours faithfully,

(SANJAY BHATIA)

Commissioner of Sales Tax,

Maharashtra State, Mumbai.

More Under Goods and Services Tax

0 Comments

Leave a Comment

Your email address will not be published.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

Search Posts by Date

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930