Maharashtra Profession tax OTPT Scheme-Summary and Practical Guide

The Government Of Maharashtra vide Notification No. PFT.1218/C.R.52/Taxation-3 makes available an optional scheme for the payment of profession tax, in advance, for an enrolled person, under the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975.

Summary of the Scheme and Practical Aspects as under –

1. Date of Effect

Deemed to be into Force w.e.f 01.04.2018 i.e PTEC payments from 01/04/2018 onwards

2. Preconditions

The scheme is available only to Enrolled persons ( Registration under PTEC is compulsory )

3. Availment

Enrolled person can opt for this scheme anytime after enrollment

4. Period

An enrolled person can avail benefit of this scheme by making payment of tax for a minimum period of 3 years upto a maximum of 35 years. Senior Citizen above 65 years of age are exempt from profession tax in Maharashtra

Enrolled person may opt for the scheme again after earlier period availed under the scheme is over

5. Amount

Amount to be paid as per Table A electronically ( Table A at the end of the article )

6. Enrolled persons who have made 5 year lumpsum payment prior to 01.04.2018

Such persons can opt for the scheme after completion of such period of 5 years.

7. Payment done for 2018-19 or Lumpsum payment done post 01.04.2018

Such persons can opt for this scheme by paying balance amount payable for the period opted under the scheme ( This facility is not yet made available on www.mahagst.gov.in )

8. Enrolled person availing benefit under this scheme joins employment

Such person to furnish OTPT Certificate to the employer. The employer then is no further required to do PTRC Deduction and the liability is deemed to be paid for the period covered under the scheme

9. Change of Entry Number for Enrolled Persons

Eg : ABC enrolled under PTEC where in he was required to pay PTEC of Rs.750 as per classification. He made payment under the OTPT Payment scheme for 5 years. After 3 years, due to change of business, he was then covered under another entry where he was required to pay PTEC of Rs.2500.

In such case, the liability to pay shall not be varied due to such change in entry under Schedule “I”

10. Refund of Excess Payment

No refund shall be granted , once amount is paid under the scheme

11. FALSE Information /Withdrawal of Benefits under the scheme

In  case of

  • Suppression of any material information or particulars by furnishing any incorrect of false information
  • Suppression of material facts
  • Concealment of any particulars

THEN

Benefits availed under the scheme shall be withdrawn.

12. Payment Procedure

PS : Department’s website is experiencing technical difficulties.

Enrolled person making payment in the month of April pays less than what a person pay in subsequent month of the financial year. Currently you can make payment for period starting from 01/04/2019

  • Go to www.mahagst.gov.in
  • Under E-payments Tab, Click on PTEC OTPT Payment
  • Enter 11 digit PTEC TIN
  • Enter PAN , if not automatically updated
  • Change Trade Name , if required
  • Select Schedule Entry ( Depending on Classification )
  • Select No. of years for which you want to avail benefit of the scheme ( Minimum 3, Maximum 35 )
  • Select Location
  • Select Payment Gateway
  • Enter Mobile Number and Email ID
  • Tick on “I agree”
  • Check draft challan and click on Proceed
  • Select Your bank , enter captcha code and make payment

TABLE A

I.

Rate of tax per year of Rs. 2500/-
Amount payable under OTPT if payment is made in the months
Number of years
Payable as per Schedule I
April to June
July
August
Sept-ember
Oct-ober
Nove-mber
Dece-mber
Jan-uary
Febr-uary
March
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
3
7500
6839
6907
6976
7044
7112
7181
7249
7318
7386
7454
4
10000
8717
8804
8891
8979
9066
9153
9240
9327
9415
9502
5
12500
10425
10529
10633
10737
10842
10946
11050
11154
11259
11363
6
15000
11977
12097
12217
12336
12456
12576
12696
12815
12935
13055
7
17500
13388
13522
13656
13790
13924
14058
14191
14325
14459
14593
8
20000
14671
14818
14964
15111
15258
15405
15551
15698
15845
15991
9
22500
15837
15996
16154
16312
16471
16629
16788
16946
17104
17263
10
25000
16898
17067
17236
17404
17573
17742
17911
18080
18249
18418
11
27500
17861
18040
18219
18397
18576
18754
18933
19112
19290
19469
12
30000
18738
18925
19112
19300
19487
19675
19862
20049
20237
20424
13
32500
19534
19730
19925
20120
20316
20511
20706
20902
21097
21292
14
35000
20258
20461
20664
20866
21069
21271
21474
21676
21879
22082
15
37500
20917
21126
21335
21544
21753
21963
22172
22381
22590
22799
16
40000
21515
21730
21946
22161
22376
22591
22806
23021
23236
23452
17
42500
22059
22280
22500
22721
22942
23162
23383
23603
23824
24045
18
45000
22554
22779
23005
23230
23456
23682
23907
24133
24358
24584
19
47500
23004
23234
23464
23694
23924
24154
24384
24614
24844
25074
20
50000
23412
23646
23881
24115
24349
24583
24817
25051
25285
25519
21
52500
23784
24022
24260
24497
24735
24973
25211
25449
25687
25924
22
55000
24122
24363
24604
24845
25087
25328
25569
25810
26051
26293
23
57500
24429
24673
24917
25162
25406
25650
25895
26139
26383
26627
24
60000
24708
24955
25202
25449
25696
25943
26191
26438
26685
26932
25
62500
24962
25211
25461
25711
25960
26210
26460
26709
26959
27208
26
65000
25193
25445
25696
25948
26200
26452
26704
26956
27208
27460
27
67500
25402
25656
25910
26164
26418
26672
26927
27181
27435
27689
28
70000
25593
25849
26105
26361
26617
26873
27129
27385
27640
27896
29
72500
25766
26024
26282
26539
26797
27055
27312
27570
27828
28085
30
75000
25924
26183
26442
26702
26961
27220
27479
27739
27998
28257
31
77500
26067
26328
26589
26849
27110
27371
27631
27892
28153
28413
32
80000
26198
26460
26721
26983
27245
27507
27769
28031
28293
28555
33
82500
26316
26579
26842
27105
27369
27632
27895
28158
28421
28684
34
85000
26424
26688
26952
27216
27481
27745
28009
28273
28537
28802
35
87500
26522
26787
27052
27317
27582
27848
28113
28378
28643
28908

II.

Rate of tax per year of Rs. 2000/-
Amount payable under OTPT if payment is made in the months
Number of years
Payable as per Schedule I
April to June
July
August
Septe-mber
October
Nove-mber
Dece-mber
January
Febr-uary
March
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
3
6000
5471
5526
5580
5635
5690
5745
5799
5854
5909
5963
4
8000
6974
7043
7113
7183
7253
7322
7392
7462
7532
7601
5
10000
8340
8423
8507
8590
8673
8757
8840
8924
9007
9090

III.

Rate of tax per year of Rs. 1500/-
Amount payable under OTPT if payment is made in the months
Number of years
Payable as per Schedule I
April to June
July
August
Septe-mber
October
Nove-mber
Dece-mber
Jan-uary
Febr-uary
March
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
3
4500
4103
4144
4185
4226
4267
4308
4349
4390
4431
4472
4
6000
5230
5282
5335
5387
5439
5492
5544
5596
5648
5701
5
7500
6255
6318
6380
6443
6505
6568
6630
6693
6755
6818

IV.

Rate of tax per year of Rs. 1000/-
Amount payable under OTPT if payment is made in the months
Number of years
Payable as per Schedule I
April to June
July
August
Septe-mber
October
Nove-mber
Dece-mber
January
February
March
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
3
3000
2736
2763
2791
2818
2845
2873
2900
2928
2955
2982
4
4000
3487
3522
3557
3592
3626
3661
3696
3731
3766
3801
5
5000
4170
4212
4253
4295
4337
4379
4420
4462
4504
4545

V.

Rate of tax per year of Rs. 750/-
Amount payable under OTPT if payment is made in the months
Number of years
Payable as per Schedule I
April to June
July
August
Septe-mber
October
Nove-mber
Dece-mber
January
Febr-uary
March
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
3
2250
2052
2073
2093
2114
2134
2155
2175
2196
2216
2237
4
3000
2615
2641
2667
2693
2720
2746
2772
2798
2824
2850
5
3750
3127
3158
3190
3221
3252
3283
3315
3346
3377
3408

VI.

Rate of tax per year of Rs. 500/-
Amount payable under OTPT if payment is made in the months
Number of years
Payable as per Schedule I
April to June
July
August
Sept-ember
October
November
Dece-mber
Jan-uary
Febr-uary
March
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
3
1500
1368
1382
1395
1409
1423
1436
1450
1464
1477
1491
4
2000
1743
1760
1778
1795
1813
1830
1848
1865
1882
1900
5
2500
2085
2106
2127
2148
2168
2189
2210
2231
2252
2273

BARCODE

FORM A

One Time Profession Tax Payment Certificate

[Under sub-section (3) of section 8 of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975]

Tax Payment Certificate No.

This is to certify that ……………………………………………….. whose details are given below he is enrolled person under the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975.

(1) Enrollment Number
(2) PAN
(3) Name as per PAN
(4) Trade Name
(5) Schedule Entry
(6) Address
(7) Period covered under OTPT scheme – From ………. To …………….

The holder of this certificate has discharged his Profession Tax liability for the period from …………..to …………. After completion of this period he will be liable to pay tax, if applicable, as per the provisions of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975.

Place: Digital Signature:
Date: Designation:

(Note.-This certificate is valid under the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 only for the period mentioned above and for the payment made under the OTPT scheme by an enrolled person whose details are mentioned in this certificate. Tax liability for any other periods or under any other Act administered by the Department is not covered by this certificate. Authenticity of this certificate can be checked on www.mahagst.gov.in.)

The Author Mr. Raj C Doshi is a CA in Practice and Proprietor at R C D & Co., Chartered Accountants, Mumbai.

(Author can be reached at raj@rcdco.in)

Author Bio

Qualification: CA in Practice
Company: R C D & Co. Chartered Accountants
Location: Mumbai, Maharashtra, IN
Member Since: 03 Apr 2019 | Total Posts: 1
R C D & Co. is a modern age CA firm providing robust people, process and technology solutions in multi-disciplinary fields. View Full Profile

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8 Comments

    1. Raj Doshi says:

      Yes Employee can do so. But then he has to get enrolled and take Profession Tax EC number to his name and make the payment. Then Employer need not deduct PT from his salary

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