Mvat Notification for Change in Rate & Condition for Composition Scheme of Restaurants

FINANCE DEPARTMENT

Mantralaya, Mumbai 400 032, dated the 29th June 2009.

NOTIFICATION

Maharashtra Value Added Tax Act, 2002.

No.VAT 1509/C.R.81- D/Taxation- 1 — In exercise of the powers conferred by section 42 of the Maharashtra Value Added Tax Act, 2002 (Man. IX of 2005), the Government of Maharashtra hereby amends with effect from the 1st July 2009, the Government Notification, Finance Department, No. VAT-1505/CR- 105/Taxation- l, dated the 1st June 2005, as follows,namely :—

In the SCHEDULE appended to the said notification, in entry (1),—

(1) in column (4), for the figure and words “8 per cent.” the figure “5 per cent.” Shall be substituted.;

(2) in column (5),—

(a) for condition (iii), the following condition shall be substituted, namely:—

” (iii) The claimant dealer shall apply in Form -2 in respect of caterers and in Form —1 in case of other dealers referred to in column (2) of this entry, to the Joint Commissioner of Sales Tax (Registration) in case of the dealers in Mumbai and in other cases, to the Joint Commissioner of Sales Tax (VAT Administration) concerned;”

(b) Condition (iv), shall be deleted;

(c) Condition (v) shall be re-numbered as condition (iv) thereof; and after condition (iv) as so re-numbered, the following conditions shall be added, namely:—

“(v) If the claimant dealer opts for the composition scheme on or after the 1st July 2009 but on or before 30th September 2009, then he shall be eligible to pay tax under the composition scheme with effect from the 1st July 2009.

(vi) In case of a newly registered dealer, if he applies for composition scheme within one month from the date or grant of registration certificate, then option to join composition would be effective from date of registration.

(vii) Subject to conditions (iii), (v) and {vi), if the dealer opts for composition at any time after the 1st April of any year then the option shall be effective only from the beginning of the next financial year.”

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

CHITRA KULKARNI,

Officer on Special Duty to Government