Maharashtra Govt releases revised List of Documents for VAT Registration [Read Trade Circular]
The Maharashtra State Government recently released the revised list of documents for Maharashtra VAT registration. The State Government had started online facility in the year 2015 enabling the tax payers to apply and submit documents for
Maharashtra Govt. notifies Maharashtra VAT Criteria for Withdrawal of the Assessment Proceedings Scheme, 2021 [Read Notification]
The Maharashtra Finance Department notified the Maharashtra VAT Criteria for Withdrawal (on the basis of probable revenue involved) of the Assessment Proceedings Scheme, 2021. The objective of the government behind notifying the scheme is to
Assessment order under Maharashtra VAT Act to be served manually and not through email: Bombay High Court [Read Order]
The Bombay High Court ruled that the manual Assessment order under Maharashtra VAT Act be served manually and not through email. The petitioner, Greatship (India) Ltd. is a company incorporated under the Companies Act, 1956
Maharashtra VAT Amnesty Scheme for waiver of Tax, interest and Penalty: BJP CA Cell submits Proposal
Before the state government, the Maharashtra State Bharatiya Janata Party (BJP) Cell of Chartered Accountants (CA) submitted a Value Added Tax (VAT) scheme for the waiver of tax, interest, and penalty. The State Budget for
Maharashtra’s Govt. withdraws pending VAT Proceedings [Read Notification]
The Maharashtra Government notified the order for withdrawal of pending Value Added Tax (VAT) Assessment Proceedings. For the effective utilization of the available manpower for the disposal of pending work under the Value Added Tax
Maharashtra Budget: Hike on Price of Liquor, VAT dues to be recovered from Directors of Pvt Companies
Maharashtra Finance Minister Sudhir Mungantiwar has presented state budget 2017-18 on 18th March 2017. The budget proposed to hike VAT rate on country and foreign liquor to 25.93% from 23.08% from April 2017.Meanwhile, tax on weekly
Maharashtra Cabinet approves Amnesty Scheme to settle VAT Disputes
The Maharashtra cabinet has last day approved an amnesty scheme to enable the taxpayers to settle the tax disputes before the Goods and Services Tax (GST) came into effect. This is aimed at recovering the
MVAT on Goods involved in Execution of Work Contract on ONGC Platform: Bombay HC dismisses Petition [Read Order]
While considering a writ petition on ground of alternative remedy, a division bench of the Bombay High Court has dismissed the same involving the levy of VAT by the Maharashtra State on the goods involved
Benefit of 3% Tax Rate under MVAT Act can’t be granted Prior to 14th October 2017: Bombay High Court [Read Judgment]
The Bombay High Court in the case of Deepak Fertilisers and Petrochemicals Corporation Ltd. v. State of Maharashtra vide its judgment dated July 26th, 2018 held that the benefit of a lower tax rate (3%)
Maharashtra Government amends Maharashtra Value Added Tax Rules, 2005 related to Return Filing [Read Circular]
The Maharashtra State Government has amended Maharashtra Value Added Tax Rules, 2005 regarding the filing of returns. The Circular said that, The term "annual" was inserted by this notification, which means the period of twelve months starting
VAT on Road Tax, Insurance Premium, Octroi Duty and Other Charges Collected by Vehicle Dealers: Bombay HC Directs Enquiry
The Bombay High Court has directed the VAT department to conduct an enquiry on whether VAT shall be applicable on the amount of road tax, insurance premium, octroi duty and other charges collected by the
Actor Anushka Sharma Liable to Pay Sales Tax as First Owner of Copyright: Sales Tax Dept in Bombay HC
Anushka Sharma, the actor, is the first owner of copyrights created in her artistic performances and is to be held liable to pay sales tax for brand endorsements and for comparing award functions, the Sales
Delhi HC directs GST Authority to Open Online Portal to enable Petitioner to File revised declaration TRAN-1 electronically or manually [Read Judgment]
The High Court of Delhi recently directed the GST Authority to open an online portal to enable Petitioner to file revised declaration TRAN-1 electronically, or manually. The Petitioner, SKH Sheet Metals Components Private Limited set
GST applicable on total of the escalated Value plus the Original Value of Contract: AAR [Read Order]
The Maharashtra Authority of Advance Ruling has held that GST is applicable on a total of the escalated value plus the original value of the contract. The applicant M/s. B. P. Sangle Construction Pvt. Ltd.,
Supreme Court strikes down Retrospective Application to Amendment on Telangana VAT Act on Initiation of GST Regime [Read Judgement]
The Supreme Court of India struck down the retrospective application to amendment on Telangana (Value Added Tax) VAT Act on initiation of GST Regime. The VAT amendment was through an Ordinance, and was brought into