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April 2014

Exemption from late fee u/s. 20(6) of the MVAT Act Trade Circular 8T of 2014 dated. 11-03-2014.

By Tarun Ghia, Pratik Mehta, Brijesh Cholera Chartered Accountants
Reading Time 1 mins
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By this Circular, the Commissioner has explained different contingencies in which late fee would be exempt.

Notification No. VAT 1513/CR-109/Taxation-1 dated 13-01-2014

By this Notification Schedule Entry D-11 has been amended to add more areas.

Notification No. VAT 1514/CR-8/Taxation-1 dated 20-02-2014

By this Notification Schedule Entry A-9A: paddy rice, wheat, etc.; A-51: papad, gur, etc.; A-59: raisins and currants, C-108: tea in leaf or powdered form etc., have been amended by extending the period up to 31st March, 2015.

Notification No. VAT 1514/CR-10/Taxation-1 dated 20-02-2014

By this Notification Schedule Entry B-1, B-2 has been amended by reducing rate from 1.1% to 1 % again.

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