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 : It is Petitioner’s case that a show cause notice dated 7th December 2023 without any details was issued calling upon Petitioner ...
Goods and Services Tax : Bombay HC waives sales tax arrears below 2 lakhs per the Maharashtra Settlement Act, 2023, clarifying future references exceeding ...
Corporate Law : Bombay High Court held that security creditor who has registered its claim against secure assets with the Central Registry of Secu...
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...
Corporate Law : Maharashtra amends Shops & Establishments Rules 2018, requiring insurance certificates in various forms to enhance compliance and ...
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...
In short, our present discussion is confined to implication of VAT and Service Tax on those contracts where, apart from material and services, value of land is also taking part of the bargain, and the size of the plot is limited to few hundred yards containing, generally, four to ten units.
Octroi v/s LBT: At present octroi is the main source of revenue of Municipal Corporations in Maharashtra. This is the exclusive State where octroi is levied. In fact it is not levy but it is forcibly collection at the check post. It is the spot of harassment for the traders.
A concept note in respect of the disposal of pending assessments/audits up to the period 2010/2011 was circulated to all the Additional Commissioners and had been discussed with the senior management of the department in various meetings.
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 Sales Tax Office […]
During the audits conducted for the F.Y. 2008-09 various functional officers have given the feedback that in most of the cases, the buyers or sellers were able to reconcile sales and purchases when auditing officers had verified parameters in relation to cross-matching of annexure J2 with annexure J1.
Earlier a person who has, for a continuous period of not less than three years held an office, not below the rank of Joint Commissioner of Sales Tax, in the Sales Tax Department of the State Government was eligible to be a Member of the Tribunal. Now this period of three Year been reduced to two years vide Notification No. No. VAT-1513/CR.96/Taxation-1 Dated 7th August 2013.
Section 74 of the Maharashtra Value Added Tax Act, 2002 provides for the offences and penalties. Clause (f) of sub-section (3) of section 74 provides that if any dealer fails without sufficient cause, to furnish any return as required under section 20 by the prescribed date and manner shall, on conviction, be punished with simple imprisonment for a term which may extend to six months and with fine.
COMMISSIONER OF SALES TAX, MAHARASHTRA STATE, MUMBAI Vikrikar Bhavan, Mazgaon, Mumbai 400 010, dated the 17th July 2013 Order MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. Sr. D.C. (A & R)/PWR/1006/4/Adm. (3)8.— In exercise of the powers conferred by sub-section (6) of section 10 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of […]
Atul Kumar A. PT/VAT/CST 1) Date on which Turnover limit exceeded [not required in case of Voluntary Registration] 1. Sales 1. Date of Sale 2. Bill No. 3. Name & Address of the vendor 4. Name of Commodity 5. Amount (Rs.) 2. Purchases 1. Date of Sale 2. Bill No. 3. Name & Address of […]
Commissioner of Sales Tax, Maharashtra State hereby provides that the dealers, who are liable to file return as per the provisions of clause (d) of sub-rule (1) of rule 40 of the Maharashtra Value Added Tax Rules, 2005 shall electronically upload the return in Form 424 provided on the web-site of the Sales Tax Department.
