Corporate Law : Learn about significance of MVAT Audit Form 704, its important clauses, and deadline for submission. Ensure tax compliance and tra...
Goods and Services Tax : Unlock benefits of Maharashtras Arrears Settlement Scheme 2023 for tax dues under MVAT, CST, and other acts pre-dating 30-06-2017....
Goods and Services Tax : Unlock insights into the payment of lump sum amounts under the Maharashtra Settlement of Arrears of Tax, Interest, and Penalty Act...
Goods and Services Tax : In this article conditions for filing of appeal for the period prior and after 15-04-2017 have been discussed with specific re...
Goods and Services Tax : Settle your tax dues under the Maharashtra Settlement of Arrears of Tax Act 2022. Learn about the provisions and salient features ...
Goods and Services Tax : HIGHLIGHTS OF THE MAHARASHTRA STATE BUDGET SPEECH DATED 9TH MARCH, 2023 BY HONOURABLE DEPUTY CHIEF MINISTER (FINANCE) SHRI DEVENDR...
Goods and Services Tax : The erstwhile MVA Government had announced the Amnesty Scheme for waiver of tax, interest and penalty payable under the MVAT and a...
Goods and Services Tax : Sales Tax Amnesty Scheme 2022 announced by the GST Department of the Government of Maharashtra has received an overwhelming respon...
Goods and Services Tax : office of the Jt. Commissioner of State Tax. (HQ-1) F-Wing, 7th floor, New bldg, GST Bhavan, Mazgaon, Mumbai-400010. Tel No. 022 2...
Goods and Services Tax : AIMTPA has written a letter to Commissioner of State Tax and brought to his attention issues being faced during assessments under ...
Goods and Services Tax : The Bombay High Court held that the Appellate Authority could not reduce transitional credit by relying on MVAT mismatch figures o...
Goods and Services Tax : The Bombay High Court set aside a settlement order where the department adjusted a refund of one tax period against dues of anothe...
Goods and Services Tax : The Court held that once arrears for later years were settled under the Settlement Act, no outstanding demand survived. Adjusting ...
Income Tax : The Court held that amounts paid under protest before assessment must be considered when calculating the 10% pre-deposit required ...
Goods and Services Tax : Bombay High Court sets aside tax order against Viacom 18, ruling that tax officers must follow earlier appellate decisions on taxi...
Goods and Services Tax : The State Tax Department allowed taxpayers to pay profession tax using PAN after system migration caused portal access issues. Reg...
Goods and Services Tax : The amendment extends the deadline for settling tax arrears from 31 December 2025 to 31 March 2026, giving taxpayers additional ti...
Corporate Law : Maharashtra amends MVAT Act with retrospective effect from 2005, clarifying tax exemptions, deemed sales, and first charge provisi...
Goods and Services Tax : Maharashtra Sales Tax Tribunal (MSTT) launches a website for case updates, hearings, and judgments, replacing physical cause lists...
Goods and Services Tax : Explore the 2024 amendments to the Maharashtra Value Added Tax Act, introducing definitions, retrospective provisions, and recover...
For the periods starting on or after Ola April 2005 and ending on or before 31a March 2008, the return as well as the MVAT Audit report filing process was not electronic. ITC in such cases shall be allowed upon verification of record such as tax invoices and books of accounts produced by the claimant dealer.
Amendment to the Order of the Removal of Difficulties faced by the taxpayers due to technical glitch-Extension of dates for submission of application and for making payments for Settlement by the Identified Taxpayers under Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019 till 30th August 2019. FINANCE DEPARTMENT Madam Cama […]
You may recall that the Trade Circular No-25A of 2008 dated 22nd December, 2008 was issued to clarify the calculation of Cumulative Quantum of Benefits (CQB) on purchases used in manufacture of goods in respect of which set-off U/R 41F of BST Rules is admissible. The said Trade Circular stands withdrawn.
There is a demand from the trade that, some modifications are required in Sr. No. A.10 of the list of documents required for all types of registration in trade Circular No.20T of 2017 dated 16/06/2017.In the said column of Sr. No. A. 10, it is mentioned that In case of LICENSED commodities, license showing name of the licensee, period of license, signature, stamp and seal of competent authority issuing the said license (License should be in the name of proprietor, firm, company as the case may be.
Due dates under Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2019 for Submission of application in Form-I or Form-IA in and for making payments for Settlement by the Identified Taxpayers extended till 23rd August 2019. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 14th […]
FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk Mantralaya, Mumbai 400 032, dated 8th August 2019 MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT-1519/CR-89/Taxation-1.—Whereas, the Government of Maharashtra is satisfied that circumstances exist which render it necessary to take immediate action further to amend the Maharashtra Value Added Tax Rules, 2005 and to dispense with […]
You are aware that Super 30 movie which gives an important social message in the field of education is released throughout India. To promote this social message, Government of Maharashtra has issued above referred GR wherein Government is going to reimburse to the registered theatre the component of State Goods and Services Tax (SGST) prominently indicated in the ticket which is issued for the supply of service by way of admission to the exhibition of movie Super 30 during the period 31stJuly 2019 to 31st December 2019.
Opportunity to the taxpayers who have faced technical glitches affecting the payment of requisite amount and submission of applications for Settlement of Arrears under First Phase
Extension for submission of Documents till 14th August for Identified taxpayers who were unable to upload applications under Amnesty Scheme 2019 in Maharashtra. FINANCE DEPARTMENT Hutatma Rajguru Chowk, Madam Cama Marg, Mantralaya, Mumbai 400 032, dated the 2nd August 2019 Removal of Difficulty ORDER MAHARASHTRA SETTLEMENT OF ARREARS OF TAX, INTEREST, PENALTY OR LATE FEE […]
The dealers, whose tax liability in the year does not exceed Rs. 25,000 need not file audit report in form e-704 even if the turnover of such dealer exceeds Rs. 1 crore in the said year. Dealer, who holds an Entitlement Certificate in respect of any Package Scheme of Incentives, shall not be liable to file audit report in form e-704 if his tax liability in the year does not exceed Rs. 25,000. This provision shall be applicable for the audit reports to be filed for any year, from 2019-20 onwards.
