Beruflich Dokumente
Kultur Dokumente
Volume 3, Issue 5
29 March, 2010
- S u d i t K Pa r e k h & C o .
1
Volume 3 Issue 5 Tax Alert² Sudit K Parekh & Co
How SKP can help you The Maharashtra Government has issued Notification
No. VAT-1510/CR 47/Taxation-1 dated 10 March,
SKP can assist you in the registration process and in 2010 enhancing the basic tax rate on goods covered
explaining to you the method of e-filing. It may be under ͞^ĐŚĞĚƵůĞ ͟ of MVAT Act, 2002, to 5%. The
noted that the new procedure is effective 1st April, enhanced tax rate is effective from 1 April, 2010 in
2010 and would apply to all returns filed on or after ƌĞƐƉĞĐƚ ŽĨ ŝƚĞŵƐ ĨĂůůŝŶŐ ƵŶĚĞƌ ͞^ĐŚĞĚƵůĞ ͟ ƚŚĂƚ
this date. Thus, even the returns for the quarter currently attract VAT @ 4%, other than the declared
ended 31st March, 2010 which would be due to be goods, as defined under the Central Sales Tax Act,
filed on or before 25th April 2010 will now be 1956