Posted On:  3 months ago


Full/Partial exemption of late fee under section 20(6) of MVAT Act, for late returns

Goods and Services Tax Act shall be implemented soon. After the implementation of the GST, many state taxes would be subsumed in GST. Most of the existing registered dealers would get registration under GST. The Department is earnestly trying to dispose off the old pending work so that we can focus on smooth implementation of GST in the state. The Department is also actively upgrading the automation processes. At the same time, the dealers also must have started preparations in view of the forthcoming GST

article author One Roof Consultant

Posted On:  6 months ago


MVAT- Extension of due date for filling of refund application for the year 2014-15

The due date for submission of refund application in Form e-501 ups 51 of MVAT Act, 2002 for the period 2014-15 was 30.09.2016. The facility of uploading e-501 was not available on system from 28.09.2016 to 30.09.2016 resulting into inability to upload the refund application. Representations were received for extension of this date. Considering the difficulties faced by the trade, the due date for submission of refund application in Form e-501 for the year 2014-15 has been extended by 7 days and now the dealer can upload the refund application upto 08.10.2016.

article author One Roof Consultant

Posted On:  6 months ago


Latest and revised MVAT return due dates and interest provision from April 2016

Forms for MVAT returns like Form-231, Form CST, Regular Annexure etc are now revised and the due dates for filing the returns are as follows: Schedules for filing returns for the periods from April 2016: Monthly Returns:

article author CA Chirag Chauhan

Posted On:  10 months ago


Stepwise Registration under Profession tax registration certificate (PTRC) in Maharashtra

1. Create Temporary Profile Click on ë-Registration” under e-services menu

article author CA Chirag Chauhan

Posted On:  10 months ago


Step wise registration under Profession tax Enrollment certificate (PTEC) in Maharashtra

Steps involved in the grant of Enrolment Certificate (EC) under sub-section(2) or sub-section(3) of section 5 of the Maharashtra State Tax on Professions, Callings and Employments Act, 1975 (PT Act)

article author CA Chirag Chauhan

Posted On:  10 months ago


Stepwise Registration process under MVAT and CST - Maharashtra Value Added Tax and Central Sales tax

1. Introduction Under Maharashtra Value Added Tax Act, 2002, there are two modes of registration viz. (a) when the dealer crosses the threshold limit and; (b) When the dealer makes an application under voluntary scheme of registration (c) Non Resident Dealer (d) Casual Dealer Central Sales Tax is an Act to formulate principles for determining, when a sale or purchase of goods takes place in the course of inter-state trade of commerce, or outside a State or in the course of imports into or export from India, to provide for the levy, collection and distribution of taxes on sales of goods in the course of interstate trade of commerce and to declare certain goods to be of special importance in inter-state or commerce and specify the restrictions and conditions to which state laws imposing taxes on the sale or purchase of such goods is of special importance. Eligibility criteria for CST registration is that the dealer should have entered into inter-state trade of commerce.

article author CA Chirag Chauhan

Posted On:  11 months ago


Amnesty Scheme 2016 of Maharashtra Value Added Tax (MVAT) – Sales Tax Department

To Help Dealers and solve problem of pending appeal and releasethe revenue pending before the courts, Maharashtra Government proposed an amnesty scheme for such dues under various Act as defined below by the Sales Tax Department. Amnesty is not made available for pending tax dues. It is available where a dealer who has filed an appeal and the recovery of disputed dues is stayed by the appellate authority can avail amnesty scheme. If the dealer withdraws the appeal then he can avail the amnesty scheme.

article author CA Chirag Chauhan

Posted On:  1 year ago


Highlights of Maharashtra Budget 2016

Highlights of Maharashtra Budget 2016

article author Sumit Gupta

Posted On:  1 year ago


Starting a New Business or Profession? Compare Structure and type of Entity– Sole, Partnership, LLP or Company

The very first question in the mind of entrepreneurs when they start new business or profession is the structure of entity which can be formed which has legal status and easy to do compliance. Many Start up are confuse whether to Form a Private Limited Company or Limited Liability Partnership or Partnership to begin the new venture. The article gives you analysis which can help you to decide structure of the entity its tax benefit and compliance requirement.

article author CA Chirag Chauhan

Posted On:  1 year ago


Definition of Indian Tax (Direct and Indirect)

Brief description and details of Indian Taxation (Direct and Indirect)

article author Sidharth Gupta

Posted On:  2 years ago


MVAT and CST

MVAT And CST Registration Within a day

article author CA Sagar Koshiya

Posted On:  2 years ago


SOME IMP TAX DATES FOR NEAR FUTURE (MAHARASHTRA)

SOME OF THE TAX DATES FOR NEAR FUTURE.Please go through important dates for some TAX related matters.

article author Amit Joshi

Posted On:  2 years ago


100 things of TAX for common man.!!

100 things of TAX for common man.!!

article author Sumit Gupta

Posted On:  2 years ago


New Online Process for Registration under MVAT/ CST and Documents Requirement

Government of Maharashtra has decided to further simplify the process of granting the registration under aforementioned Acts. Via Trade Circular 5T of 2015 Mumbai dated 06.05.2015

article author CA Chirag Chauhan

Posted On:  2 years ago


Tax Basic for Learner and Businessman

This File Contain TDS,MVAT and Service Tax Basic Tax due dates and compliance and its interest and penalities. Hope this will help in learning basics. CA Hitesh Solanki www.cabajrang.com

article author Hitesh Solanki