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June 2010

Amendments to MVAT Rules 2005 — Circular No. 18T of 2010, dated 18-5-2010.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Tarun Ghia, Brijesh Cholera, Pratik Mehta | Chartered Accountants
Sejal Vasa | Company Secretary
Reading Time 1 mins
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Part B : Indirect Taxes


39 Amendments to MVAT Rules 2005 — Circular No. 18T of 2010,
dated 18-5-2010.

Retailer opting for Composition of Tax and dealer having
liability to file six-monthly return shall be required to pay tax, from the end
of the six monthly period, within 30 days instead of 21 days and additional time
of 10 days from due date to upload the return continues to be available.
Amendment would apply for six-monthly period ending on 30th September, 2010 and
thereafter. Newly registered dealer now required to file quarterly return
instead of six-monthly return.

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