CA Shirish Prakash Biman (Shirish Biman & Company) (129 Points)
20 October 2010Plz help me..
Please tell me the VAT Payment due dates for Monthly, Quarterly & half yearly returns.
And also the due dates for e-filing of return (form No. 231)
Harpreet
(* * * * * *)
(1670 Points)
Replied 20 October 2010
Kindly see the attachment. There are all the due date. It shuold be helpful for you.
CA Shirish Prakash Biman
(Shirish Biman & Company)
(129 Points)
Replied 20 October 2010
Hello Harpreet,
You have send the attachment which was very useful but
I want due dates for payment and filing of returns of Maharashtra VAT (MVAT).
Harpreet
(* * * * * *)
(1670 Points)
Replied 20 October 2010
|
Payment of Taxes |
Periodicity of Payment/Return |
Returns to be filed |
|
| (A) |
In case of First Year |
(a) From 1st day of April of the year or from the date of event dealer becomes liable to pay tax till the end of half yearly period in which the certificate of registration is granted. |
Within 21 days from the end of the six monthly period. |
| (B) |
In case of Subsequent Year |
(a) If tax liability during the previous year exceeded Rs. ten lakhs or refund during the previous year exceeded Rs. 1 crore
(b) If tax liability during the previous year did not exceed Rs.ten lakhs but exceeded Rs.one lakh. Or refund during the previous year did not exceed Rs. one crore but exceeded Rs. 10 lakhs |
Monthly |
| (C) |
In case of Last Year |
(a) Returns as per (B) above (b) Last return from the first day of month, quarter or half year as the case may be till the date of closure/discontinuation of the business |
Monthly or quarterly or six monthly depending upon the previous year’s liability |
|
Some category of dealers and requirement of filing of returns/payment of tax |
|||
| (D) |
Dealers covered under Composition Scheme |
(a) Retailer |
Half yearly |
|
(b) Restaurant |
depends upon the previous year’s liability |
||
|
(c) Bakery |
depends upon the previous year’s liability |
||
|
(d) Dealer of Second Hand Motor Vehicles |
depends upon the previous year’s liability |
||
|
(e) Caterer |
depends upon the previous year’s liability |
||
| (E) |
For other types of Dealers |
(a) Motor Spirit Dealer
|
depends upon the previous year’s liability with provision for advance payment |
Source : https://wirc-icai.org/wirc_referencer/Indirect%20Tax/Maharashtra%20Value%20Added%20Tax.htm
CA Shirish Prakash Biman
(Shirish Biman & Company)
(129 Points)
Replied 21 October 2010
Thanks Harpreet, Thanks very much..........
MANGESH
(PROPRIETOR)
(23 Points)
Replied 21 April 2011
The due dates mentioned on the icai site seems to differ from that mentioned on the Depts site- ref : https://www.mahavat.gov.in/Mahavat/MyFold/GENERAL%20FILES/MVAT%20ACT.pdf
need clarification on this.....
Benz Chell
(Manager-Finance&Programme)
(64 Points)
Replied 26 April 2011
I agree mangesh... even I found somewhere else due date for half yearly return is 30th of the following month... any members clarification would be appreciated
Santosh kumar Tiwari
(Team memeber)
(27 Points)
Replied 13 November 2013
sandesh more
(B.Com)
(28 Points)
Replied 15 July 2015
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