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June 2016

Changes in : Rates of tax under the Mvat Act, Modifications in the Composition Schemes, Entry Tax on slabs of marbles and granites

By Tarun Ghia Pratik Mehta
Brijesh Cholera
Chartered Accountants
Reading Time 1 mins
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Trade Circular 9T of 2016 dated 22.04.2016

Schedule A & C of the Maharashtra Value Added Tax Act, 2002 have been amended, the revision in the tax rates and amendments to MVAT schedule entries are explained in this Circular. The Composition Schemes have been modified. Details of the amendments and amendments to the Schedule under the Maharashtra Tax on Entry of goods into Local Areas Act,2002 are explained in the this Circular.

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