What is Maharashtra Sales Tax?
A Central Sales Tax at the rate of 4% is also levied on inter-State sales and would be eliminated gradually. Municipal/Local Taxes.
Registration at Mahagst Login
How can I file PT return in Maharashtra?
Step 1: First download the Form III-(B) . Click here to Download the Form III-(B). Step 2: When form downloaded then open the form by double click on form. Step 3: Then fill the necessary details like Professional Tax registration certificate no., Location, Period etc.
The highest GST ( 15 per cent) is collected from Maharashtra and the State tops the list when it comes to taxes paid ( GST+ direct taxes) to the Centre.28-Apr-2022
What is a VAT order?
VAT Order means the Value Added Tax (Special Provisions Order) 1995 (Statutory Instrument: 1995/1268); WARRANTIES means the warranties set out in Schedule 1 given by EFPL; WASTE means any unwanted or surplus substance irrespective of whether it is capable of being recycled or recovered or has any value; and WS ATKINS
However, post-GST, they are taxed at 18%. Hence, even with no major changes in the VAT rates charged on beer or liquor, the cost of beer and liquor had increased due to the increase in input taxes.10-Jan-2022
How do I open a GST site?
How to Register on GST Portal?
How to register for GST
Is PTEC compulsory for GST registration?
Every GST registered dealer whether dealing in taxable or exempt goods also needs to Register under PTEC and pay PT Return.
How do I fill up a nil return online?
What is the due date for professional tax payment in Maharashtra?
Every enrolled person shall pay the tax within one month from the date of enrolment in the first year, thereafter by 30th June of every year.
Late Fee for dalay up to 30 days in filing PTRC return reduced to Rs. 200/- • Rs. 1000/- Late Fee for delay of more than 30 days in late filing PTRC return • Now no penulty u/s 5(5) of the Profession Tax Act if person liable for enrolment has failed to apply within the prescribed time (w.e.f. 9th July 2019).
What are the types of GST?
Currently, the types of GST in India are CGST, SGST, and IGST. This simple division helps distinguish between inter-state and intra-state supplies and mitigates indirect taxes.
The top five states in absolute terms are Maharashtra which collected the highest GST at ₹22,129 crore, followed by Karnataka at ₹9,795 crore, Gujarat at ₹9,183 crore, Tamil Nadu at ₹8,449 crore and Uttar Pradesh ₹7,074 crore, according to the latest official data.04-Aug-2022
When did GST start in Maharashtra?
After the enactment of various GST laws, Goods and Services Tax was launched all over India with effect from 1 July 2017.
There are three categories of supplies that can be made by a VAT vendor: standard-rated, zero-rated and exempt supplies.15-Sept-2015
What is VAT and GST?
VAT (Value Added Tax) and GST (Goods and Services Tax) are non-U.S. consumption taxes imposed on sales of goods by businesses at each stage of production and distribution.
For both sales tax and VAT, the seller is responsible for collecting the tax and remitting to the appropriate tax authority, although there are cases where the buyer must recognize the tax instead.21-Dec-2020
Is there any GST on liquor?
No GST on Beer & Liquor GST is not applicable for purchase of beer or liquor in India. However, the State Governments shall continue to levy VAT and excise duty on liquor and beer.
You can claim a refund of the GST and excise included in the purchase price of alcohol, tobacco and fuel even if your tax invoice is for less than $200 including GST.08-Jul-2016
Is liquor taxable under GST?
Taxing liquor for human consumption is a State subject and is sole jurisdiction of state Government. The States levy State Excise Duty on production and Value Added Tax (VAT) on sale of such products. No GST at all.06-Dec-2021
What is Maharashtra Sales Tax?