TRADE CIRCULAR Date: 15.04.2009

No.VAT-2005/ Noti/138/ Adm-6 Mumbai,

Trade Cir. No.13 T of 2009

Sub: Rate of tax on Timber from 1st April 2009.

Ref: 1) Govt. Notification No. VAT-1508/CR- 44/Taxation- 1 dated 29.3.2008.

2) Trade circular No. 18T of 2008 dated 12.5.2008.

Gentlemen/Sir/ Madam,

You are aware that by the Government notification cited at reference (1) above, the rate of tax on Timber [under Entry 108(2) of schedule ‘C’ appended to the Maharashtra Value Added Tax Act, 2002] for the period 1st April 2008 to 31st March 2009 was reduced to 4 per cent. Thus, with effect from 1st April 2009 the rate of tax on Timber shall be 12.5 per cent. The Trade is requested to take a note of it.

2. This circular cannot be made use of for legal interpretation of provisions of law as it is clarificatory in nature. If any member of the trade has any doubt, he may refer the matter to this office for further clarification.

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

Yours faithfully,

(SANJAY BHATIA)

Commissioner of Sales Tax,

Maharashtra State, Mumbai.

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