MVAT: Change in Rate of VAT on Motor Spirit wef 22.04.2017

By | April 25, 2017
(Last Updated On: April 25, 2017)

FINANCE DEPARTMENT

Madam Cama Marg, Hutatma Rajguru Chowk

Mantralaya, Mumbai 400 032, dated the 21st April 2017

NOTIFICATION

MAHARASHTRA VALUE ADDED TAX ACT, 2002.

No. VAT.1517/C.R.44/Taxation-1.—In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra, hereby amends SCHEDULE ‘D’ appended to the said Act, with effect from the 22nd April 2017, as follows, namely :—

In Schedule ‘D’, appended to the Maharashtra Value Added Tax Act, 2002, in entry 10,—

(a) in sub-entry (a), against clauses (i) and (ii) in column (3), for the figures, signs and words “ 26%+ Six rupees per litre ”, the figures, signs and words, “26%+ Nine rupees per litre” shall be substituted ;

(b) in sub-entry (b), in column (3), for the figures, signs and words, “ 25%+ Six rupees per litre ”, the figures, signs and words “25%+ Nine rupees per litre” shall be substituted.

By order and in the name of the Governor of Maharashtra,

R. D. BHAGAT,

Deputy Secretary to Government.


Revised Serial No. 10 of Schedule ‘D’, appended to the Maharashtra Value Added Tax Act, 2002

S. No. Name of the commodityName of the commodityRate of TaxWith Effect From
10Any other kind of Motor Spirit
(a) When delivered,
(i) to a retail trader for trading from place of business situated within the geographical limits of the Municipal Corporations of the Brihan Mumbai, Thane, Navi Mumbai and within such other areas for such period as may be notified by the State Government in the Official Gazette; and26% + Six
rupees per
litre
17.9.2016 to date to 21.04.2017
26%+ Nine rupees per litre

 

Wef 22.04.2017
ii) to a person other than the retail trader having place of business situated within the geographical limits of the Municipal Corporations of the Brihan Mumbai, Thane, Navi Mumbai and within such other areas for such period as may be notified by the State Government in the Official Gazette;26% + Six
rupees per
litre
17.9.2016 to date to 21.04.2017

26%+ Nine rupees per litreWef 22.04.2017
(b) when delivered in circumstances other than those mentioned in clause (a) above.25% +Six
rupees per
litre 
17.9.2016 to date to 21.04.2017

25%+ Nine rupees per litreWef 22.04.2017
Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
Company Law Ready Reckoner
tax deduction at source
New Books Released on Tax , GST and law

Leave a Reply

Your email address will not be published. Required fields are marked *