Extension of date for filing MVAT audit report

The due date for submission of audit report in form 704 for the year 2008-09 has been extended to 30th April from 31st March. The dealers are required to submit the statement of submission of Audit Report in form 704 alongwith required documents on or before 10th May 2010.

Click here for the text of the trade circular 13 T of 2010.

MVAT and CST

MVAT and CST departments has issued following trade circulars and notifications in the month of March.

1. Circular No. 9T of 2010 on Extension of date for applying CST declarations for the periods prior to 01.04.2008.

2. Circular no. 10T of 2010 making amendment to the Maharashtra Value Added Tax Rules, 2005 & Central Sales Tax(Bombay) Rules,1957

3. VAT-1510/CR 47/Taxation-1 Dt.10.03.2010 on increase in tax-Rate of C-schedule goods (except declared goods) from 4% to 5% from 1st April 2010
 
4. Corrigendum to above Notification dated 10th March 2010 
 
5. Trade circular no. 11T of 2010 on above notification date 10th March 2010
 

MVAT Trade Circular No. 8 T of 2010 - electronic payment

The sales tax department has implemeted the scheme of filing electronic return successfully. In a step further to automation, it is now decided to provide facililty for electronic payment.

Click here for the text of the trade circular no. 8T of 2010 dated 6th February 2010.

MVAT Trade Circular No. 7 T of 2010 clarification regarding schedule entry C-70 Paper

Click the title for the text of the trade circular no. 7 T clarifying which type of papers would be covered under the entry C-70.

MVAT - Trade Circular no. 6T extending date of filing revised return

The period for filing revised return, if the periodicity at which the dealer has filed the return is different from as determined by department, is extended to March 15, 2010 from current January 31, 2010.

Click here for the text of the Trade Circular 6T of 2010 dated  2.2.2010

Communication from Commssioner of sales tax - Maharashtra

MVAT department has started email facility on mahavat.gov.in. whereby every dealer will be provided with email id based in its VTIN. This will enable dealers to receive e-notices in their email account, communicate with respective officer etc.

Click here for the text of the communication from Commissioner. 

Tax treatment of goods sent to other states

MVAT department has issued a trade circular, whereby it has been made mandatory to issue form F for all transactions of inter state transfers (not by way of sale) including job work and goods return.

Click here for the text of the trade circular. Trade Circular No. 2T of 2010