8th Floor, Vikrikar Bhavan,
Mazgaon, Mumbai 400 010.
Trade Circular
To
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No.VAT/Return/Periodicity Mumbai Dt.05.05.08
Trade Circular No. 17 T of 2008
Sub : 1) Amendments to VAT rule for periodicity of filing of returns under Rule 17 of Maharashtra Value Added Tax Rules 2005.
Ref :
1) This office Trade Circular No. 8 T of 2008 dated 19.03.08
2) This office Trade Circular No. 16 T of 2008 dated 23.04.08
Gentlemen/Sir/Madam,
The Government by Notification No. VAT/1507/CR 17/Taxation 1 dated
2. As per the amendments the periodicity of filing of Returns for the periods starting on or after
|
Sr. No. |
Category of dealers |
Eligibility Criteria |
Period of first return |
Due date of submission of such first return |
|
1 |
2 |
3 |
4 |
5 |
|
1 |
Dealers eligible to file monthly returns |
1) Taxes paid more than |
April 2008 |
|
|
2 |
Dealers eligible to file quarterly returns |
1) Dealers under Package |
|
|
|
3 |
Dealers eligible to file six monthly returns |
1) Newly registered dealers |
|
|
3. Change in return forms :
i) The earlier return forms 221, 222, 223, 224 and 225 have been replaced with the new return forms 231,232, 233, 234 and 235, respectively. A circular has already been issued for the applicability of new forms 231 to 235. These forms are available on the website of the department.(www.mahavat.gov.in and www.maharashtra.gov.in) A dealer can download these forms from the download menu of the website. All the returns including the returns for the earlier period should now be filed in the aforesaid new return forms.
ii)An amendment is made to sub-rule(1) and sub-rule (3) of Rule(5) of the central Sales Tax(Bombay) Rules, 1957 to provide for Electronic return. The old return form IIIB is now replaced by new form IIIE.
4. The dealers whose tax liability in the previous year i.e. 2006-07 was equal to or above Rs.1 crore, have to file their return from February 2008 onwards in electronic form.
5. The dealers whose tax liability in the previous year i.e. 2007-08 was equal to or above Rs.10 lakhs, have to file their return for the month of May 2008 onwards in electronic form.
6. The dealers eligible to file electronic return under MVAT Act Rules should file their Central Sales Tax return in Form IIIE electronically.
7. This circular cannot be made use of for legal interpretation of provisions of law as it is clarificatory in nature . If any member of the trade has any doubt, he may refer the matter to this office for further clarification.
8. You are requested to bring the contents of this circular to the notice of the members of your association.
Yours faithfully,
(SANJAY BHATIA)
Commissioner of Sales Tax,
No.VAT/Return/Periodicity Mumbai Dt.05.05.08
Trade Circular No. 17 T of 2008
1. Copy forwarded to :
a. All the Addl. Commissioners of Sales Tax in the State.
b. All the Joint Commissioners of Sales Tax in the State.
c. All the Sr. Dy. Commissioners of Sales Tax in the State.
d. All the Dy. Commissioners of Sales Tax in the State.
e. All Asstt. Commissioners of Sales Tax in the State.
f. All the Sales Tax Officers in the State.
2. Copy forwarded with compliments for information to :
a. The Deputy Secretary, Finance Department, Mantralaya, Mumbai.
b. The Under Secretary, Finance Department, Mantralaya, Mumbai.
c. The Accounts Officer, Sales Tax Revenue Audit, Mumbai and
d. Copy to all Desks and Desks Officers in the office of the Commissioner of Sales Tax,
(B. A. Sable)
Joint Commissioner of Sales Tax,
Return, Mumbai
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