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Spotlight
Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Tarun Ghia,
Brijesh Cholera, Pratik Mehta
Chartered Accountants
Sejal Vasa
Company Secretary
Part B : INDIRECT TAXES
MVAT UPDATE
MVAT Notification
90 Notification No. 1510/CR-65/Taxation-1.
By this Notification Composition Scheme of 1% MVAT has been offered as an
option to registered dealers who undertake construction of flats, dwellings or
buildings or premises and transfer them along with land or interest underlying
the land in pursuance of an agreement registered on or after 1-4-2010. Terms and
conditions for availing this scheme are specified in the Notification.
