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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...
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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...
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Goods and Services Tax : Get insights on the amendment by the Commissioner of Sales Tax, Maharashtra State, Mumbai, regarding the territorial jurisdiction ...
Maharashtra Sales Tax Department is making substantial changes in its automation processes relating to taxpayer interface, w.e.f F.Y 2016-17. This is expected to result into significantly more efficiency in the working of the Department, less errors due to minimum human intervention and maximum benefits in relation to time management.
1. Concept of fair market price is being introduced. It is proposed to give powers to assess a dealer on the basis of fair market price if goods are sold below market price with intention to evade tax. 2. Registration of dealer shall be cancelled if false documents are submitted for obtaining registration
Maharashtra Government has presented its Budget for 2016-17 on 18th March 2016. We are presenting proposed Changes in Computerization in Sales Tax Department, Amendments to the Value Added Tax Act, Entry Tax, Profession Tax, Sugarcane Purchase Tax, Motor Vehicle Tax, Lottery Tax, Composition Scheme,Changes to set off rules and Amnesty Scheme.
Part I: Profession Tax 1. In case of late registration for Profession Tax penalty will be restricted to 3 years instead of earlier 8 years. 2. Exemption to armed personnel of CRPF & BSF. 3. No late filing fee for Government aided educational institutions. Part II: Amnesty Scheme under VAT for disputed dues: 1. For […]
Where goods are delivered to a carrier or other bailee for transmission, the movement of the goods shall, for the purposes of clause (b), be deemed to commence at the time of such delivery and terminate at the time when delivery is taken from such carrier or bailee.
SECTION 48 ¢ General Conditions for claim and grant of set-off: Purchase to be effected from Registered Dealer. Purchase should be after appointed day. On Tax Invoice (as per Sec 86) Tax invoice should contain the declaration as prescribed under Rule 77. Signed by selling dealer or his authorized representative. Tax to be paid into the Govt treasury by supplier of goods, unless such supplier is a deferral unit under PSI.
Government of Maharashtra hereby notifies with effect from the 1st March 2016, the area and the period as shown in column (2) and column (3), respectively of the Schedule appended herewith, to be area and period covered for the purpose of clause (a) of the said entry 10, namely :—
Government of Maharashtra hereby notifies with effect from the 1st March 2016, Municipal Corporation of Nagpur and the period as shown in column (2) and column (3), respectively of the Schedule appended herewith, to be area and period covered for the purpose of clause (a) of the said entry 5, namely :—
Maharashtra Sales Tax Department has proposed changes in the process and procedures of filing of returns, registration, assessment, appeal and other procedures in the circular issued on 25th February 2016 which is scheduled to be implemented from 1st May 2016. Is it true?
The system will identify the applicants whose TIN application will be processed only after field visit by the concerned Nodal Officer. The applicants whose PAN is connected with the PAN of suspicious dealers (as published on the web site of the department) and the applicants in whose case any of the third party verifications fail get covered in this category.
