Full / Partial exemption of late fee under section 20(6) of MVAT Act, for late returns

Last updated: 03 January 2017

Notice Date : 02 January 2017

Office of the
Commissioner of Sales Tax,
8th floor, Vikrikar Bhavan,
Mazgaon, Mumbai-400 010.

TRADE CIRCULAR

No. AMD/1C/2016/15/ADM-8
Trade Circular No. 1T of 2017.
Mumbai, Date : 02.01.2017

Subject:- Full/Partial exemption of late fee under section 20(6) of MVAT Act, for late returns.

Reference:1) Notification No. VAT 1513/CR 124/Taxn-1 dated 1st Jan. 2014
2) Notification No. VAT 1516/CR 178/Taxn-1 dated 28th December 2016

Goods and Services Tax Act shall be implemented soon. After the implementation of the GST, many state taxes would be subsumed in GST. Most of the existing registered dealers would get registration under GST. The Department is earnestly trying to dispose off the old pending work so that we can focus on smooth implementation of GST in the state. The Department is also actively upgrading the automation processes. At the same time, the dealers also must have started preparations in view of the forthcoming GST.

2. As you are aware that the returns for the periods from 1st April 2016 are being filed in the new formats on the new automation SAP system whereas the returns for the earlier periods are being accepted in the old formats on the old automation system. It has been noticed that there are quite large number of dealers, who have not filed return for the earlier periods. The returns for the old periods could also be obtained on the new SAP automation system soon,

3. With a view to grant an opportunity to the defaulters, before the Department starts a rigorous drive against the returns defaulters in the month of March 2017, the Government of Maharashtra has waived the late fee by amending the notification, No. VAT 1513/CR 124/Taxn-1, dated 1st January 2014, issued uis 20(6) of the MVAT Act

Please refer to the attached file for details