MVAT news

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

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....

Read More

Budget 2018 Speech by Maharashtra FM Sudhir Mungantiwar

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...

Read More

MVAT Audit Acknowledgement submission date extended to 26.02.2018

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...

Read More

Two websites for VAT / GST Dealers in Maharashtra wef 26.12.2017

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...

Read More

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

Read More

Waiver of Late Fee for late filing of VAT, CST, PT & Luxry Tax returns

Waiver of Late Fee for late filing of VAT and CST returns in Maharashtra The Trade has represented that many technical difficulties are being faced by them while filing their returns and therefore the late fees for delayed filing of returns should be waived. The issue was examined and in order to provide relief to […]...

Read More

Maharashtra VAT Advance Ruling Authority Regulations, 2016

An application under sub-section (2) of section 55 shall be made in Form 703. Every such application shall be verified in the manner indicated therein. The applicant shall clearly set out and specifically mention where the question/ questions falls in sub rule (1) of rule 63 prescribed for said purpose....

Read More

MVAT: List of companies selected for Assessment 2012-13

THE LIST OF CASES SELECTED FOR Issue Based Audit (IBA) alongwith MISSING DECLARATION FOR THE PERIOD 2012-2013 ( Some of the IBA cases are allocated for assessments and mentioned in Type of Audit column) ( Cases for assessment for F Y 2012-13 are already distributed in March 2015 and list of these cases is available […]...

Read More

MVAT e-return Due date extended to 30.07.2016

The date to upload  e-return of VAT in Maharashtra for  for the month of April 2016 is extended up to 30th July 2016.  Late fee for the return period April 2016 will not be attracted, if tax payment for said period is made on or before 21.05.2016 and return for the said period is filed […]...

Read More

MVAT Audit Due date extended to 21.01.2016

Considering the technical snag in uploading the 704-audit report for 2014/15,in the last week, the last date for filing 704-Audit report for the period 2014/15 is extended up to 21st January 2016. Source- http://mahavat.gov.in/Mahavat/index.jsp...

Read More

Maharashtra VAT – Issue Based Audit / Assessment Cases for 2009-10 & 2010-11

 1.  The cases listed below are selected for Assessment, Issue Base Audit for financial year 2009-10 and 2010-11. 2.  Type of audit, location and division are mentioned along with TIN and Name of Dealer. 3.  Officer’s desk are mentioned wherever available. Where Officer’s desk is not mentioned dealers are requested to contact Sale...

Read More

Check MVAT Return periodicity for FY 2013-14

Department of Sales Tax, Maharashtra State has displayed the return periodicity for the FY 2013-14 on their website. Enter your VAT TIN No. in the first box with ending V and click SEARCH. After result is displayed, click on the TIN No. appearing below.  To check your periodicity, visit mahavat.gov.in...

Read More

Revised List of Hawala Dealers in Maharashtra as on 31.01.2013

Fresh hawala dealer list has been realeased by VAT Department in Maharashtra. New 148 dealer has been added to the list. Following three dealer has been removed from the previous list: 27890606500V   KRISH  CORPORATION...

Read More

MVAT- Fresh Hawala Dealer List includes 361 new dealer

New 361 delaer has been added to Hawala List by VAT Department. We attached herewith updated list of Suspicious Dealers on 4th January 2013 totaling to 1915 nos Following dealer name excluded from the hawala dealer list.  27860101920V  -PUSHP HARI ELECTRICAL & ENGG. P LTD / Skysoft com. P. Ltd. VAT TIN Nos. of 7 […]...

Read More

MVAT Audit Due (Form 704) date extended to 15th January, 2013

Commissioner of Sales Tax in Maharashtra has informed to defer the submission of VAT Audit Report in Form 704 under the MVAT Act, 2002 to 15th of January, 2013 from the scheduled due date of 30th November, 2012. A Notification to this effect is expected on coming Monday, the 12th November, 2012....

Read More

MVAT – Updated List of Suspicious Dealers as on 03.11.2012

The Department of Sales Tax, Maharashtra State has declared UPDATED list of Suspicious Dealers on 3rd November 2012 totaling to 1555 nos....

Read More

HC dismisses petition Challenging Circular related to VAT on Builders

Writ petition in Builders case on Circular 14T of 2012 has been dismissed by Hon. Bombay High Court & Extension for administrative Relief and payment Date is also denied. ...

Read More

MVAT- Latest Suspicious Dealers List of 1362 Dealers

The Department of Sales Tax, Maharashtra State has declared the List of Suspicious Dealers who has issued false bills without delivery of goods on their website http://mahavat.gov.in in Excel 2007 file containing 698 names firstly. An additional list making total 817 names was declared later and further list was updated covering 1009 name...

Read More

SC extends deadline for Maharashtra builders to pay VAT to October 31

Promoters & Builders Assn. Vs State of Maharashtra (Supreme Court of India)

The SC has extended the deadline for builders to pay VAT from August 31 to October 31. If they do so, they are not entitled to pay penalty and 15% interest on delayed payment of VAT, according to the SC interim order. The builders must register with the sales tax department by October 15 before paying VAT. The VAT money will be collected ...

Read More

Revised List of Hawala Dealers in Maharashtra

VAT Dept. of maharashtra has issued Fresh Hawala Dealer List containing 1277 dealer. They have removed one dealer from the list. 27760631776V SUJASH STEEL & IRON PVT LTD Download List of Suspicious Dealers who has issued false bills without delivery of goods. Source – http://mahavat.gov.in/Mahavat/index.jsp...

Read More

MVAT – List of beneficiary dealers against whom police complaints lodged after 01.04.2011

List of beneficiary Maharashtra VAT dealers against whom police complaints lodged after 01.04.2011 - Download List - Source - http://mahavat.gov.in/Mahavat/index.jsp ...

Read More

MVAT Audit due date per-poned to 30th November 2012

Rule 66 is amended vide Notification No. VAT 1512/CR-61/Taxation-1 dated 1st June 2012 and As per the amended rule, the report of the audit under section 61 shall be submitted within 8 months from the end of the year to which the report relates. Earlier it was 10 months. It means the due date to file audit report for Financial year 201...

Read More

Due date for uploading of MVAT Returns

The Payment date for Quarter or month ending March 2012, is 21st April, 2012 and for Six-month ending March 2012 is 30th April, 2012. The Return due date for the dealers who are liable to file VAT Audit and the non-audit dealers who have opted for composition (other than works contractors and mandap decorators) covered by Section 42(1), 4...

Read More

MVAT – Composition Dealers other than works contract composition not to submit Annexures

Composition dealers in Maharashtra (excluding works contract composition dealers covered by 5% or 8% Scheme) who are not liable to submit Audit Report in form No. 704 SHALL NOT be required to submit ANNEXURES. No Change in Due Date For Submission of Return or Payment. Due Date Shall Be 30th April. ...

Read More

VAT / Sales Tax Payable on sale of Flats – Bombay HC

Maharashtra Chamber of Housing Industry and ors. Vs State of Maharashtra and ors. (Bombay High Court)

THE Bombay High Court appears to have served a body blow to realtors in Maharasthra. The HC today dismissed their petition that challenged the applicability of Value Added Tax (VAT) on sale of flats. The builders argued that VAT is not payable on immovable property....

Read More

MVAT E-Annexures for non-VAT Audit Dealers

The Maharashtra Sales tax Department has made available the E-Annexures to be submitted by non-VAT Audit Dealers before submitting the last return for the Financial Year 2011-12 as per their circular No.3T of 2012....

Read More

Uploading the MVAT and CST Returns for period ending on 31st March 2012

All the dealers are requested to use latest templates for uploading their Returns. (Version1.2.5 for MVAT Returns and Version 1.2.6 for CST Returns.) Ø There is no change in the due dates, for filing the Returns for the period ending on 31.3.2012, in case of dealers liable to file e-704. The dealers liable to file e-704 are request...

Read More

NEW MVAT & CST Return Templates , Due Dates for March 2012 Returns

The Department of Sales Tax, Maharashtra State has introduced the new version 1.2.5 of MVAT Returns Forms and new version 1.2.6 of CST Return Form and the same are required to be used for submission of March 2012 returns and onwards....

Read More

Maharashtra VAT – Download Revised List of 1009 Suspicious Dealers

The Department of Sales Tax, Maharashtra State declared UPDATED list of Suspicious Dealers on 7th March 2012 totalling to 1009 nos....

Read More

Latest Announcements from Maharashtra Sales tax department

LAST DATE FOR UPLOADING FORM 501 FOR PERIOD FROM 01/04/2008 TO 31/03/2009 IS 31/03/2012. If you have received more than one Acknowledgement of Audit Report in Form-704, then submit any one of them while doing physical submision...

Read More

MVAT – Additional List of Suspicious Dealers who has issued false bills without delivery of goods

Maharashtra Sales tax Department on its website hosted the List of Suspicious Dealers who has issued false bills without delivery of goods on its website. Sales Tax Department has first issued a list of 698 Dealers around a month back on 21.11.2011. Now the Sales tax Department has issued Additional List list of dealers who it is suspec...

Read More

Last date for filing Refund Application in Form 501 and Due date for submission of Monthly Return for the month of November 2011 extended till 7th January 2012

Maharashtra Value Added Tax - Last date for filing Refund Application in Form 501 and Due date for submission of Monthly Return for the month of November 2011 extended till 7th January 2012...

Read More

List of Suspicious Dealers who has issued false bills without delivery of goods

Maharashtra VAT Department has displayed List of Suspicious Dealers who has issued false bills without delivery of goods. You can download the list from the following link: Download List of Suspicious Dealers who has issued false bills without delivery of goods in Maharashtra...

Read More

Maharashtra Value Added Tax – Common Error While Uploading the e-501

1)Upload file is not proper please check version current version is 1.0.1. - While down loading the e-501 (version 1.0.2) , please delete all temporary files, cookies ,and caches from the system. Further down load the file on desktop and then fill the e-501. ...

Read More

SBI to accept VAT payment from dealers filing half yearly returns in Maharashtra and to remit online to state Govt.

Kindly be informed that as per SBI letter Ref. No. GBD/SCC/974 dtd. 21-09-2011 SBI has agreed to accept payment from half yearly dealers & remit online to Government of Maharashtra. The said letter has been placed on the website of the sales tax department www.mahavat.gov.in and STPAM website www.stpam.org ....

Read More

Dealers in Maharashtra can upload revised sales tax /Vat returns for the periods up to April 2011

Dealers in Maharashtra can upload revised sales tax /Vat returns ( up to the period 31/03/2011) for clearing defects in the returns filed by you or for clearing your pending issues under the local Sales Tax laws....

Read More

Maharashtra VAT – Additional Instructions for Filling Annexures to Form 704

1. In annexure-J section-1 (supplement), enter details of Customerwise Local sales in Maharashtra state. Please enter dealerwise sale. Do not enter transition wise sale. 2. In annexure-J section-2 (supplement), enter details of Supplierwise Local purchase in Maharashtra state. Please enter dealerwise purchase. Do not enter transition wise...

Read More

Maharashtra govt reduces Vat on diesel, kerosene

In a bid to minimise the impact of recent fuel price hike on consumers, the Maharashtra government today reduced Value Added Tax (Vat) on diesel and kerosene by two per cent. Chief minister Mr Prithviraj Chavan told reporters here after the Cabinet meeting that the new rates of Vat on diesel in Mumbai, Thane and Navi Mumbai would come dow...

Read More

Maharashtra govt exempts transfer of copyrights of a film relating to the exhibition in theatres from VAT

Maharashtra government on Wednesday exempted transfer of copyrights of a film -- relating to the exhibition in theatres -- from VAT. This was announced in the Legislative assembly during the State budget presentation, Deputy Chief Minister and Finance Minister Ajit Pawar. He said VAT was currently levied on transfer of copyright of films ...

Read More

Date of Filing of Audit (e-704) for the period 01.04.2009 to 31.03.2010 is extended upto 15.02.2011.

Date of Filing of Audit (e-704) under Maharashtra Value Added Tax Act for the period 01.04.2009 to 31.03.2010 is extended upto 15.02.2011. No further extension and Strict action will be taken against Non filers and incomplete forms ...

Read More

MVAT return filing date for quarter ended 30.06.2010 extended

DUE DATE FOR FILING RETURNS FOR THE PERIOD ENDING 30TH JUNE 2010 IS EXTENDED UP TO 7TH AUGUST 2010."...

Read More

Income tax department sought SC’s direction on taxability of sales tax incentives in RIL case

The income tax department has sought the Supreme Court's direction to decide if Reliance Industries Ltd should pay tax on sales tax incentives given to them by the governments of Maharashtra and Gujarat. A bench headed by Justice S H Kapadia has sought reply from the company headed by Mukesh Ambani. The tax of Rs 368 crore is for the com...

Read More

Vat Exemption on food grain in Maharashtra will continue for one more year

The Maharashtra budget on Thursday proposed to extend VAT exemptions on food articles like rice, wheat and pulses among others for one more year to help control price rise.Finance Minister Sunil Tatkare while presenting the budget for 2010-11 in the Assembly said that despite recommendation from the empowered committee to levy value added...

Read More

1% Vat on property sale in Maharashtra from April 1, 2010

The Maharashtra Government has decided to levy one per cent Value-Added Tax on property sale from April 1, 2010 in its Budget for 2010-11. All sale agreements registered on or after April 1 will attract one per cent on the contract price of flats mentioned in the agreement of sale....

Read More

Central asked other states to replicate Maharashtra in computerizing sales tax department

THE Centre asked other states to replicate Maharashtra’s model of fully computerising its sales tax department before GST is introduced in April 2011. Full computerisation has not only helped the state win accolades, but also has resulted in higher tax collections....

Read More

Loud protest over increase in vat by one percent on 90 Commodities in Maharashtra

The Opposition alleged that notification seeks to increase VAT on sugar and cloth material, while the items are covered under Central VAT Act. The Maharashtra Government's notification to increase value added tax (VAT) by one per cent on 90 commodities including oilseeds, rice, and pulses and converting an Ordinance, which will further a...

Read More

Date for MVAT audit in form 704 in Maharashtra extended?

On 22/01/10 the Hon. Finance Minister Mr. Sunil Tatkare has announced at the time of bhoomipujan ceremony of proposed building of sales tax office of Ratnagiri that MVAT Audit date is extended by 2 months. This announcement was made in the presence of Hon. Sales Tax Commissioner Mr. Sanjay Bhatia, but there is no official communication ye...

Read More

Cheers! Mvat rate on wine in Maharashtra reduced to 4%

Maharashtra government has given into the demand from various quarters including farmers and slashed the VAT back to 4% from the recent increase to 25% while the imported wines will attract the duty of 20% instead of 25%. The decision was taken at a special cabinet meeting convened Wednesday in Nashik. A decision was also taken […...

Read More

Maharashtra Govt Budget gives relief to small professional taxpayers; hikes VAT

In its recent Budget Maharashtra State Govt. And its Finance Minister offered a mixed bag for the industry, trade and individuals subjected to professional tax. Keeping in mind not the economic slowdown but the forthcoming State Assembly polls in October, the Finance Minister, Mr Dilip Walse Patil has announced exemption of salary upto Rs...

Read More

MVAT AUDIT REPORT CAN BE SUBMITTED ON 28FEB & 1MAR. ON 2MAR UPTO 9PM

THE SALES TAX OFFICE HAS OPENED A SEPARATE DESK FOR ACCEPTING THE MVAT AUDIT REPORT (FORM 704). 1.THE MVAT AUDIT REPORT CAN ALSO BE SUBMITTED ON 28TH FEBRUARY & 1ST MARCH 2009. 2.ON ABOVE DATES THE SALES TAX OFFICE IN THE STATE OF MAHARASHTRA WILL BE REMAIN OPEN DURING REGULAR OFFICE HOURS FOR ACCEPTING MVAT […]...

Read More

Sales tax hounds comb Mumbai for Tax evaders

The Department of Sales Tax has issued 1 lakh notices to traders in the last two months for tax evasion. It has also filed 431 FIRs against them for not filing returns. Raids, surveys and business audits have been further intensified. Sources said that hundred of crores of bogus bills and hawala transactions have been unearthed by the dep...

Read More

Due date of Form 704 in respect of the year 2007-08

After e-enrolment is made by a registered dealer, the ‘Acknowledgment’ will be made available on the website. The signed copy of the Acknowledgment is required to be furnished in the Department only once. After furnishing such copy, there is no need to furnish the signed acknowledgment of e-return which at present is required to be fu...

Read More

New Procedure for payment of fees and taxes by unregistered dealers

Trade Circular 42-T of 2008 (26/12/2008)

A new procedure has been prescribed for the payment of taxes, fees and returns by the dealers or employers seeking registration or not registered or not required to registered under MVAT Act vide Trade Circular 42-T of 2008 dated 26th December 2008....

Read More

MVAT E-Filing of Returns Made Applicable to All Dealers

Mandatory E-filing of Returns is applicable for Registered Dealers to whom the Explanation to clause (8) of Section 2 applies and whose tax liability during the previous year was rupees one crore or less, in respect of the period starting on or after 1st April, 2008....

Read More

Submission of MVAT Audit Report for 2007-2008 in Old Format

Trade Circular No. 41 T of 2008 (18/12/2008)

The Government of Maharashtra has issued Trade Circular No. 41 T of 2008 dated 18.12.2008 allowing the submission of VAT Audit Reports for the Financial Year 2007-2008 in old Form No.704 also....

Read More

New form no 704 in excel, word and PDF format along with all the schedules

Dear Friends please find attached herewith format/form required for MVAT Audit in Maharashtra ie. form No. 704 in Excel Format, In Word Format and in PDF format released by the department. Download Form No. 704 along with schedules in Excel Format. Download Form No. 704 along with schedules in PDF Format...

Read More

MVAT Audit due date extended

2000 of 2007 (30/06/2008)

MVAT Audit Due date extended to 31St July 2008 for Financial Year 20005-06 and 2006-07. 1. The Hon'ble High Court has dismissed the Writ petition No. 2000 of 2007 and allied petitions regarding Form 704. The date for filing of Form 704 was extended by the High Court to 30th June 2008. Accordingly, a trade circular cited at reference 13 wa...

Read More

Voluntary Filing of MVAT E-returns and continuation of 10days Grace

Trade Circular No. 16T of 2008 (23/04/2008)

A large number of representations have been received from dealers who are not covered by the Notification for filing of e_Return. These dealers made a request and shown their willingness for filing e_Return even though it is not mandatory for them to file e-Return. It is the endeavor of the department to encourage the filing of e_return. ...

Read More

Changes in MVAT Return Filing

Changes in MVAT RETURN FILING - TL in Previous Year TR in previous Year Periodicity Form & Due Date Tax Liability (TL) Tax Refund (TR) 1) upto Rs. 1 lakh upto Rs. 10 Lacs Half Yearly 231/21 days 2) upto Rs. 10 lacs upto Rs. 1 crore Quarterly 231/21 days 3) More than 10 Lacs More Than Rs. 1 Crore Monthly 231/21 days ...

Read More

Due date for MVAT audit extended

As usual the last date for filing of Form No. 704 i.e. VAT Audit Report for 2005-06 and 2006-07 is extended to 31st March 2008. Judgment on the same is expected on 22nd February 2008....

Read More

Browse All Categories

CA, CS, CMA (5,040)
Company Law (6,698)
Custom Duty (8,071)
DGFT (4,384)
Excise Duty (4,406)
Fema / RBI (4,431)
Finance (4,692)
Income Tax (35,030)
SEBI (3,753)
Service Tax (3,626)

Search Posts by Date

November 2020
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30