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Saturday, April 14, 2012

SALES TAX OF MAHARASHTRA

This post is for the Financial Year 2011-12 ONLY.

The last date of Payment of MVAT and CST is 21 of April 2012 for Dealers having Monthly and Quarterly Frequency, 30th June 2012 for the Dealers having Six Monthly Frequency.

Those dealers who are not eligible for 704 ( VAT AUDIT) , means whose Turnover is not crossed Rs. 60,00,000/- for the year 2011-12, can file the Sales Tax Return by 30th June 2012. The date is relaxed
for the the non 704 Filers only. The dealers who are eligible for 704 are required to File by the Due Date
i.e. 30 April 2012. The Payment Date is not relaxed. It will be same for all dealers i.e. 21/04/2012.

NOTE : Composition dealers (excluding works contract composition dealers 
covered by 5% or 8% Scheme and Mandap Decorators) as covered under 
sub-sections (1), (2) and (3A) of section 42 and who are not liable to submit 
Audit Report SHALL NOT be required to submit ANNEXURES. 
NO CHANGE IN DUE DATE FOR SUBMISSION OF RETURN OR PAYMENT 

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