MVAT

Justice delayed is Justice denied case of Trans-1 and MVAT revised return!!

Goods and Services Tax - Maharashtra state SGST department has corrected the mistake related to Trans 1 and MVAT revise return. Because of it taxpayers suffers from many problem related to it, tell us that how much it affects the taxpayers?...

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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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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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Bombay HC refers matter of 10% Mandatory deposit under MVAT to Larger Bench

United Projects Vs State of Maharashtra (Bombay High Court) - The petitioners are aggrieved by the refusal of registration of their appeals filed under the Maharashtra Value Added Tax Act since they have not deposited the ten per cent of the disputed amount now mandated under the amended provision of Section 26 of the Act. They have challenged the validity of ...

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Repeal of VAT Act – Savings clause saves all rules, regulations, orders, notifications, etc

Magma Fincorp Limited Vs State of Maharashtra & Anr. (Bombay High Court) - Magma Fincorp Limited Vs State of Maharashtra & Anr. (Bombay High Court) Section 78 of Maharashtra Goods and Services Tax Related Laws (Amendments, Validation and Savings) Act, 2017, which saves Section 64 of Maharashtra Value Added Tax Act, 2002 is constitutionally valid. Bombay High Court has ...

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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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Change in VAT rate on petrol & diesel in Maharashtra WEF 01.04.2020

No VAT-1520/CR-34/Taxation-1 and No VAT-1520/CR-35/Taxation-1 - (30/03/2020) - VAT (Value added tax) on petrol and diesel increased by Re 1 per litre in Maharashtra with effect from the 1st April 2020. In other words, this means petrol and diesel in Maharashtra become costlier by Re 1. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated...

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Time barring assessment under Maharashtra VAT Act- Internal Instructions

Internal Circular No. 4A of 2020. - (20/03/2020) - In order to follow the government directives pertaining to attendance and to also ensure that no assessment is barred by limitation, all the officers are instructed to pass the assessment orders on the SAP system and where it is not possible to pass assessment orders on system, in such cases the ass...

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SOP to be followed by exporters- GST Refund

Trade Circular No. 05 T of 2020 - (19/03/2020) - As you are aware, several cases of monetization of credit fraudulently obtained or ineligible credit through refund of Integrated Goods & Service Tax (IGST) on exports of goods have been detected in past few months. On verification, several such exporters were found to be non-existent in a number of...

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No Late Fees on PT Return for periods up to March 2019 in Maharashtra

Trade Circular No. 04T of 2020 - (19/03/2020) - Office of Commissioner of Profession Tax. Maharashtra State. 8th Floor. GST Bhavan, Mazgaon, Mumbai – 400010. TRADE CIRCULAR No: ACST/VAT-3/PT/Late-fee-waiver/_/2020/B-196, Mumbai. Dt: 19/03/2020 Trade Circular No. 04T of 2020 Sub: Exemption from payment of Late Fees u/s 6(3) of the Maharasht...

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MGST-Corona Virus- Avoid Physical Visits at dealers place

Trade Circular No. 03T of 2020. - (17/03/2020) - The departmental authorities shall avoid any physical visits to the dealer's place of business or place of residence wherever possible for any reason whatsoever. Any action required to be taken and compliance required from the dealer shall be taken through electronic medium as far as possible....

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Recent Posts in "MVAT"

Change in VAT rate on petrol & diesel in Maharashtra WEF 01.04.2020

No VAT-1520/CR-34/Taxation-1 and No VAT-1520/CR-35/Taxation-1 (30/03/2020)

VAT (Value added tax) on petrol and diesel increased by Re 1 per litre in Maharashtra with effect from the 1st April 2020. In other words, this means petrol and diesel in Maharashtra become costlier by Re 1. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated 30th March 2020. NOTIFICATION […...

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Time barring assessment under Maharashtra VAT Act- Internal Instructions

Internal Circular No. 4A of 2020. (20/03/2020)

In order to follow the government directives pertaining to attendance and to also ensure that no assessment is barred by limitation, all the officers are instructed to pass the assessment orders on the SAP system and where it is not possible to pass assessment orders on system, in such cases the assessment orders may be passed manually ou...

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SOP to be followed by exporters- GST Refund

Trade Circular No. 05 T of 2020 (19/03/2020)

As you are aware, several cases of monetization of credit fraudulently obtained or ineligible credit through refund of Integrated Goods & Service Tax (IGST) on exports of goods have been detected in past few months. On verification, several such exporters were found to be non-existent in a number of cases. In all these cases it has been f...

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No Late Fees on PT Return for periods up to March 2019 in Maharashtra

Trade Circular No. 04T of 2020 (19/03/2020)

Office of Commissioner of Profession Tax. Maharashtra State. 8th Floor. GST Bhavan, Mazgaon, Mumbai – 400010. TRADE CIRCULAR No: ACST/VAT-3/PT/Late-fee-waiver/_/2020/B-196, Mumbai. Dt: 19/03/2020 Trade Circular No. 04T of 2020 Sub: Exemption from payment of Late Fees u/s 6(3) of the Maharashtra State Tax on Professions, Trades, Cal...

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MGST-Corona Virus- Avoid Physical Visits at dealers place

Trade Circular No. 03T of 2020. (17/03/2020)

The departmental authorities shall avoid any physical visits to the dealer's place of business or place of residence wherever possible for any reason whatsoever. Any action required to be taken and compliance required from the dealer shall be taken through electronic medium as far as possible....

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Delegation of authority for blocking of credits in Maharashtra

No. D.C.(A&R)-2/GST/PWR/Section/2017-18/ADM-8 (24/01/2020)

State commissioner of  Maharashtra issues a Notification for Delegation of authority for blocking of credits  as per CGST Rule 86A.  Notification Authorises Deputy Commissioners, Assistant Commissioners and All state tax officers for blocking of credit. COMMISSIONER OF STATE TAX, MAHARASHTRA STATE GST Bhavan, Mazgaon, Mumbai 400 010, d...

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Physical Submission of Audit Report in Form 704 for FY 2018-19

Trade Circular No. 02 T of 2020 (24/02/2020)

The last date for electronic uploading of form e-704, for the financial year 2018-19, is 28th February, 2020 and the last date for submission of above documents is 09th March, 2020....

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Reimbursement of SGST in case of movies – Panipat & Tanhaji

Trade Circular No. 01T of 2020 (06/02/2020)

The Government of Maharashtra has now issued GRs regarding reimbursement of SGST in case of movies Panipat and Tanhaji: The Unsung Warrior. In view of the above, the present circular is issued for instructions regarding the procedures....

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All about filing of Appeal Applications under MVAT and CST Act

No. CCO/SAP Appeals/2019-20/B-50 (30/11/2019)

Manual filing of Appeal Applications, is being replaced by online automated filing of Appeal Applications under VAT and CST Act. After the Go Live of Assessment Module, Appeal Module is being rolled out....

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Jurisdiction of Sales Tax Officer amended under MVAT, 2002

Notification No. DC (A & R) PWR/JURIS-2012/2/ADM-8 (12/12/2019)

No. DC (A & R) PWR/JURIS-2012/2/ADM-8.—In exercise of the powers delegated under sub­section (3) of section 10 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Commissioner of Sales Tax, Maharashtra State, Mumbai hereby with effect from the 22nd April 2019 amends the Notification No. DC (A & R)/PWR/JURIS-2012/2/Adm-8...

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