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 : Karvy Innotech Limited Vs State of Maharashtra: Bombay HC Quashes MVAT Order passed after expiry of four years from the end of t...
Goods and Services Tax : Bombay High Court overturns MVAT on vehicle registration, handling, and insurance charges in Chavan Motors Division India Pvt. Ltd...
Goods and Services Tax : Bombay High Court ruled that slump sales under Business Transfer Agreements are not taxable as sales of goods under the MVAT Act....
Goods and Services Tax : Bombay High Court held that MVAT Authorities would not have priority in the recourse to the assets that are secured in favour of t...
Goods and Services Tax : Get insights into the recent case of Ajay Kumar Kaushal Vs State of Maharashtra in Bombay High Court. Know about the interim order...
Finance : Explore the latest amendments to the Maharashtra VAT Act 2002, effective June 29, 2024. Detailed analysis of changes in Schedule B...
Goods and Services Tax : Explore the constitution & members of the Advance Ruling Authority under Maharashtra VAT Act 2002. Detailed analysis on its implic...
Goods and Services Tax : Discover the latest Maharashtra VAT Act amendment providing relief for late filers. Learn about the changes, due dates, and late f...
Goods and Services Tax : Learn about the latest notification from the Maharashtra Finance Department granting late fee waivers for Profession Tax Payers. U...
Goods and Services Tax : Get insights on the amendment by the Commissioner of Sales Tax, Maharashtra State, Mumbai, regarding the territorial jurisdiction ...
Under this clause, power is taken to the Commissioner, to issue instructions and directions as he may deem fit to the authorities and officers subordinate to him and to specify by order the relevant forms, for carrying out the purposes of the Act.
The Maharashtra State Budget, 2016 was announced on 18/03/2016 . Several amendments were suggested in the said budget. I have tried to explain the current & proposed position of the law for better understanding. To Err is human. Suggestions, views, objections etc are most welcome from the readers, for increasing my knowledge in the subject.
Employer being an educational institution which receives grant-in-aid from the State Depart Government (a) Return specified in column (c) shall be filed on or before the 30th June 2016 on the website of the Sales Tax Department.
(i) goods covered under the entries 13 and 14 of the Schedule D appended to the Act, or (ii) mobile phone or cellular handset i.e. telephones for cellular network or for other wireless network,
In the Maharashtra Tax on Entry of Goods into Local Areas Act, 2002, in the Schedule, the existing entry 15 shall be renumbered as sub-entry (1) thereof, and after the sub-entry (1) as so renumbered, the following sub-entry shall be added, namely :—Slabs of Marble and Granite -12.5%
(i) 5 per cent. of the turnover of sales, referred to in column (3), in the case of a registered dealer, whose turnover of such sales, does not exceed rupees three crore in the previous year, to which the composition scheme is desired; (ii) 8 per cent. of the turnover of sales, referred to in column (3), in the case of a registered dealer, whose turnover of such sales exceeds rupees three crore in the previous year, to which the composition scheme is desired;
The Finance Department of Maharashtra vide notification no. VAT. 1516/C.R. 31/Taxation-1 dated the 30th March 2016 has changed the rate of MVAT from 5% to 5.5% with effect from 1st April 2016.
Tax Calendar for filing of Return And payment of taxes under (MVAT ACT) in the State of Maharashtra 1. MONTHLY Sr. No. Month Due Dat Sr. No. Month Due Date. 1 April 21st May 7 October 21st November 2 May 21st June 8 November 21st December 3 June 21stJuly 9 December 21stJanuary 4 July 21stAugust […]
Dayal R Kundani The Maharashtra Budget for F.Y. 2016-17 was pronounced on 19th March, 2016. In the Speech the Finance Minister has made the following proposals while presenting the Budget. Contents of Key proposals Value Added Tax – RATE CHANGE Increase of rate of tax from existing 5% to 5.5% Reduction in Tax on LED […]
Arjuna, there is a very beautiful relation between Black color and Tax Evasion. After the new government has come into force, Respected Finance Minister has given special focus on tax evasion. This means that the person engaged in tax evasion would be colored black.
