MVAT

Changes on Tax Front & other Changes proposed in Maharashtra Budget 2019

Goods and Services Tax - Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019. 1. The First Phase of Settlement Scheme will end on 31st July 2019 whereas, the Second Phase will end on 31st August 2019. 2. An amendment is done to bring clarity as to whether, the adjustment of tax would be towards undisputed tax or towards dispute...

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How to submit application for Settlement of Arrears of Tax, Interest, Penalty or Late fee in Maharashtra

Goods and Services Tax - User manual for preparation and uploading of Form-I and Form-IA USER MANUAL: ONLINE SUBMISSION OF APPLICATION How do I submit an application for Settlement of Arrears of Tax, Interest, Penalty or the Late fee (hereinafter referred as “Amnesty Application” To submit an Amnesty application perform following steps: 1. Access the https://...

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Maharashtra Profession Tax One Time Payment of Tax Scheme

Goods and Services Tax - 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, 19...

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An opportunity to put rest to age old Pre-GST Litigation

Goods and Services Tax - An opportunity to put rest to age old Pre-GST Litigation Recently, the Maharashtra Government introduced an Amnesty Scheme to settle all open tax disputes pertaining to pre-GST era.  This was introduced by passing an ordinance, namely, Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019. The intention ...

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Highlights of Maharashtra Settlement of Arrears Scheme (Amnesty)

Goods and Services Tax - Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fees Ordinance 2019 The Maharashtra Goods and Services Tax Act, 2017 has been made applicable in the State with effect from the 1st July 2017. Prior to the implementation of GST in the State various tax laws were in force, some of the tax laws […]...

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Govt. Dept. still deducting TDS under MVAT Act in GST Era: ICAI

Goods and Services Tax - it has been observed that some of the Govt Departments like PWD & other Municipal Corporations and Local Self Govt bodies continue to deduct TDS as per the provisions of Section 31 of Maharashtra Value Added Tax Act, 2002....

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Budget 2018 Speech by Maharashtra FM Sudhir Mungantiwar

Goods and Services Tax - In my last budget speech, I had mentioned about the Jal and Bhoomipoojan for Chatrapati Shivaji Maharaj Memorial in Arabian Sea near Mumbai at the hands of Honble Prime Minister of India. Now, the tender for this memorial has been finalized and work order has been issued. I am happy to mention that this project will be completed in thirty...

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MVAT Audit Acknowledgement submission date extended to 26.02.2018

Goods and Services Tax - Due to public holidays on 24th and 25th February 2018, last date for submission of physical copy of acknowledgment of Form e-704 is extended by one day i.e. up to 26.02.2018. Source- https://mahagst.gov.in/en/due-public-holidays-24th-and-25th-february-2018-last-date-submission-physical-copy-acknowledgment...

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Two websites for VAT / GST Dealers in Maharashtra wef 26.12.2017

Goods and Services Tax - MGSTD Portals Starting from 26/12/2017 MGSTD will have two portals, www.mahavat.gov.in for old e-Services and www.mahagst.gov.in for all New Automation / SAP e-Services. www.mahavat.gov.in 1. Prior period return filing, prior period e-CST declarations and audit VAT Audit Report (e-704) for F.Y.2016-17 and earlier periods along with CDA sh...

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MVAT: Ease of doing Business Initiative by Dept. of Sales Tax

Goods and Services Tax - Registration process and payment of Fee for registration is end to end online for all the Acts administered by the Department (MVAT Act, CST Act, Entry Tax Act, Profession Tax Act, Luxury Tax Act and Sugarcane Purchase Tax Act....

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HC directs dept to consider claim for issuance of ‘C’ Form on purchase of natural gas from Gujrat

Bombay Dyeing and Manufacturing Co. Ltd. Vs State of Maharashtra and Another (Bombay High Court) - Bombay Dyeing and Manufacturing Co. Ltd. Vs State of  Maharashtra (Bombay High Court) The Petitioner’s grievance is that the Respondents are not issuing Form C in respect of its purchase of natural gas from Gujrat. This is used in the manufacture of polyester staple fibre. Primarily, the cont...

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Classification of Hybrid Amplifier for MVAT: Under Accessory of Cable T.V. or general electronic item?

The Commissioner of Sales Tax Vs M/s Khush Bhakht Electronic Engineers Pvt.Ltd. (Bombay High Court) - The Commissioner of Sales Tax Vs M/s Khush Bhakht Electronic Engineers Pvt.Ltd. (Bombay High Court) Whether on the facts and circumstances of the case and on a true and correct interpretation of schedule entries C-II-124 and C-II-126, appended to the Bombay Sales Tax Act 1959, the Tribunal was legal...

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3% Tax Rate benefit under MVAT Act cannot be given prior to 14.10.2017

Deepak Fertilisers and Petrochemicals Corporation Ltd. Vs The State of Maharashtra (Bombay High Court) - Deepak Fertilisers and Petrochemicals Corporation Ltd. Vs The State of Maharashtra (Bombay High Court) The only question that we have to consider is whether this concessional rate of duty could be availed of by the petitioner from 24.08.2017 to 13.10.2017. The intervening period where the taxable pe...

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MVAT: No Input Tax Credit on Goods not Resold within 6 Month period

Axis Mutual Fund Vs The State of Maharashtra (Bombay High Court) - During the course of assessment, the assessing authority has alleged that the petitioner is not eligible to claim any input tax credit as the goods purchased by the petitioner on which input tax credit is claimed are not resold within a period of six months from the date of purchase. Such allegation...

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Port Trust is a dealer liable to sales tax under Bombay Sales Tax Act 1954: HC

The Board of Trustees of the Port of Bombay Vs. The State of Maharashtra (Bombay High Court) - judgment of the Supreme Court in Cochin Port Trust holds the field. We are accordingly of the view that the Port Trust falls within the definition of dealer and is liable to sales tax under the Bombay Sales Tax Act 1954....

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Maharashtra Tax Laws (Second Amendment and Validation) Act, 2019

MAHARASHTRA ACT No. XVI OF 2019 - (09/07/2019) - Amendments to the Maharashtra. Profession Tax Act and Maharashtra Value Added Tax Act [Second Amendment] vide Maharashtra Tax Laws (Second Amendment and Validation) Act, 2019...

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Maharashtra Tax Laws (Amendment and Validation) Act, 2019

MAHARASHTRA ACT No. XIV OF 2019 - (09/07/2019) - Maharashtra Tax Laws (Amendment and Validation) Act, 2019- Amendments to the Mah. Profession Tax Act and Mah. Value Added Tax Act [Conversion of Mah. Ordinance No. VI dated 6th March 2019]...

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Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019

Maharashtra Act No. XV of 2019 - (09/07/2019) - Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019 to provide for settlement of arrears of tax, interest, penalty or late fee which were levied, payable or imposed, respectively under various Acts administered by the Goods and Services Tax Department and for the matter...

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Maharashtra Tax Laws (Second Amendment and Validation) Bill, 2019

L. A. BILL No. XXXVII OF 2019 - (28/06/2019) - The Maharashtra Value Added Tax Act, 2002 is being amended,— (a) to enable grant of refunds or determination of net tax payable, in respect of those dealers, who are being assessed under section 23(5) of the said Act, after adjusting amount of refund claimed in the returns or mentioned in the a...

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Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019

L. A. BILL No. XXXIII OF 2019. - (26/06/2019) - A BILL to provide for settlement of arrears of tax, interest, penalty or late fee which were levied, payable or imposed, respectively under various Acts administered by the Goods and Services Tax Department and for the matters connected therewith or incidental thereto....

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Recent Posts in "MVAT"

Maharashtra Tax Laws (Second Amendment and Validation) Act, 2019

MAHARASHTRA ACT No. XVI OF 2019 (09/07/2019)

Amendments to the Maharashtra. Profession Tax Act and Maharashtra Value Added Tax Act [Second Amendment] vide Maharashtra Tax Laws (Second Amendment and Validation) Act, 2019...

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Maharashtra Tax Laws (Amendment and Validation) Act, 2019

MAHARASHTRA ACT No. XIV OF 2019 (09/07/2019)

Maharashtra Tax Laws (Amendment and Validation) Act, 2019- Amendments to the Mah. Profession Tax Act and Mah. Value Added Tax Act [Conversion of Mah. Ordinance No. VI dated 6th March 2019]...

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Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019

Maharashtra Act No. XV of 2019 (09/07/2019)

Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019 to provide for settlement of arrears of tax, interest, penalty or late fee which were levied, payable or imposed, respectively under various Acts administered by the Goods and Services Tax Department and for the matters connected therewith or incidental ther...

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Maharashtra Tax Laws (Second Amendment and Validation) Bill, 2019

L. A. BILL No. XXXVII OF 2019 (28/06/2019)

The Maharashtra Value Added Tax Act, 2002 is being amended,— (a) to enable grant of refunds or determination of net tax payable, in respect of those dealers, who are being assessed under section 23(5) of the said Act, after adjusting amount of refund claimed in the returns or mentioned in the audit report ;...

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Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019

L. A. BILL No. XXXIII OF 2019. (26/06/2019)

A BILL to provide for settlement of arrears of tax, interest, penalty or late fee which were levied, payable or imposed, respectively under various Acts administered by the Goods and Services Tax Department and for the matters connected therewith or incidental thereto....

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HC directs dept to consider claim for issuance of ‘C’ Form on purchase of natural gas from Gujrat

Bombay Dyeing and Manufacturing Co. Ltd. Vs State of Maharashtra and Another (Bombay High Court)

Bombay Dyeing and Manufacturing Co. Ltd. Vs State of  Maharashtra (Bombay High Court) The Petitioner’s grievance is that the Respondents are not issuing Form C in respect of its purchase of natural gas from Gujrat. This is used in the manufacture of polyester staple fibre. Primarily, the contention of the Petitioner is that the sam...

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Changes on Tax Front & other Changes proposed in Maharashtra Budget 2019

Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019. 1. The First Phase of Settlement Scheme will end on 31st July 2019 whereas, the Second Phase will end on 31st August 2019. 2. An amendment is done to bring clarity as to whether, the adjustment of tax would be towards undisputed tax or towards dispute...

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Redressal of issues due to technical glitches on www.mahagst.gov.in

Trade Circular No. 38T of 2019 (01/06/2019)

Mechanism for redressal of difficulties faced by taxpayers due to technical glitches on the portal www.mahagst.gov.in. of the Maharashtra Goods and Services Tax Department...

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How to submit application for Settlement of Arrears of Tax, Interest, Penalty or Late fee in Maharashtra

User manual for preparation and uploading of Form-I and Form-IA USER MANUAL: ONLINE SUBMISSION OF APPLICATION How do I submit an application for Settlement of Arrears of Tax, Interest, Penalty or the Late fee (hereinafter referred as “Amnesty Application” To submit an Amnesty application perform following steps: 1. Access the https://...

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GST on construction of Affordable Houses in Mumbai Metropolitan Region

Trade Circular No. 37T of 2019 (17/05/2019)

List of metropolitan cities provided in the said clause includes Mumbai (whole of MMR i.e. Mumbai Metropolitan Region) with its respective geographical limits prescribed by an order issued by the Central or State Government in this regard....

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