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August 2012

Administrative relief in respect of importexport licences covered in Schedule Entry C-39 — Trade Circular No. 10T of 2012, dated 2-7-2012.

By Tarun Ghia, Brijesh Cholera, Pratik Mehta, Chartered Accountants
Reading Time 1 mins
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The Circular explains the scheme as contained in State Government Resolution providing administrative relief for the period 1st April, 2005 to 31st December, 2010 to the dealers who have collected and paid tax in respect of duty paid scrips which were tax-free prior to 1st January, 2011 under the MVAT Act, 2002.

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