29 December 2012
Changes in taxation of Country Liq. are made from 01.05.2011 Amendment to Schedule entries: The Schedule rate of tax on liquor under entry 1,2 and 3 of schedule D to the Maharashtra Value Added Tax Act 2002 is revised to 50% as against 25% earlier. However, this is subject to 25% of MRP as notified. There is no change in the rate of tax on wine. The taxation in respect of Retailers and country liquor Bar dealers is as below: Retailers holding licence under FL-II, FL-BR-II CL/FL/TOD-III and country liquor bar holding licence CL-III will be exempt from tax on sales of liquor purchased from registered dealers within state. This exemption is available if liquor has borne tax at earlier in the state. For details ref. Circular No. No.VAT/AMD-2011/1A/Adm-6 Trade Cir. No. 8T of 2011 dt. 04/05/2011.
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