Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreBCAJ Brieficles are short-format, web-only articles on contemporary topics of professional importance that are open-for-all to read & share.
Explore BrieficlesExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
MVAT Notification
LA BILL XIX OF 2014
By this Bill, the State has introduced Maharashtra Tax Laws [Levy, Amendment and Validation] Act, 2014, pro-posing amendments to the Maharashtra Stamp Act, Maharashtra Purchase Tax on Sugarcane Act,1962, Maharashtra State Tax on Professions, Trades, Callings and Employment Act,1975, Maharashtra Tax on Luxuries Act,1987 Maharashtra Value Added Tax Act, 2002.
Service Tax Updates
42. Amendment under
Exemption Notification 25/2012 dated 20.06.2012
Notification No. 17/2017-ST dated 04. 05. 2017
CBEC expanded the list of exemption granted life insurance
schemes so as to include “Pradhan Mantri Vaya Vandana Yojana” as a scheme
on which no service tax would be payable.
Circular No. 206/4/2017-Service Tax dated
13.04.2017
CBEC has clarified on the issue of levy of service tax on the
services provided by a person located in non-taxable territory to a person
located in non-taxable territory by way of transportation of goods by a vessel
from a place outside India to the customs station in India. It has been
clarified that –
a. Service tax @ 1.4% (alongwith applicable
Swachh Bharat Cess and Krishi kalyan Cess) on value of imported goods as
determined u/s. 14 of the Customs Act, 1962 and the rules made thereunder;
b. The option of payment of service tax by
availing abatement benefit @ 70% value of services of transportation of goods
as specified under notification 26/2012 dated 20.06.2012 is not available as
the conditions cannot be fulfilled by the foreign shipping lines.
MVAT Updates
43. Distribution of GST Provisional Ids and Access Tokens of
Phase 4 dealers
Trade Circular 12T of 2017 dated 25. 04. 2017
GST Provisional Ids and Access Tokens for dealers who are
newly registered before 31.03.2017, dealers whose RCs are restored before
31.03.2017, dealers whose PANs amended in Mahavikas database before 31.03.2017 are made available. Details and steps are
explained in this Circular.
44. Amendments to Profession Tax Act, Rules and Notifications
issued thereunder
Trade Circular 13T of 2017 dated 26. 04. 2017
– Employers who file returns along with payment
of tax for any of the periods upto the 31. 03. 2017 on or before 30. 09. 2017
are exempt from whole of late fees.
– New Schedule Entry 1A is inserted for insurance company
registered under IRDA and is liable to
deduct the profession tax of Rs.2,500/- per anum per person from the commission
payable to chief agents, principal agents, insurance agents and surveyors
and loss assessors registered or
licensed under the Insurance Act,1938.
– Interest rate revised from 105 2017 is
prescribed.
45. Corrigendum to Trade Circular 9 T of 2017 dated 01. 04. 2017
Trade Circular 14T of 2017 dated 26. 04. 2017
Exemption from payment of late fees u/s. 20(6) of the MVAT
Act, 2002 :
New dates mentioned to file returns: For the month of March,
2017 upto 03. 05. 2017, For quarter Oct-2016 to Dec-2016 upto 29. 04. 2017
and For quarter Jan-2017 to March-2017
upto 15. 05. 2017 without late fees.
46. Remission of Interest u/s. 30(1) for the dealers who have
failed to obtain registration within time
Notification VAT-1517/C.R43(C)/TAXATION 1 dated 19. 04. 2017
and
47. Conditional remission in interest payable as per section
30(1) by un-registered dealers
Trade Circular 15T of 2017 dated 26. 04. 2017
Notification issued for Interest waiver for late payment of
tax due to technical problems in the MSTD’s automation system and the dealers
who have obtained registration late. Procedure explained in detail in the Trade
Circular.
48. Guidelines regarding Cross Checking of Input Tax Credit
(ITC)
Trade Circular 11A of 2017 dated 03. 05. 2017
Guidelines regarding cross checking of Input Tax Credit (ITC)
for FY 2013-14, 2014-15, 2015-16 issued and procedure explained in this
Circular.
49. Exemption from
late fee for filing the returns for FY 2016-17
Trade Circular 16T of 2017 dated 17. 05. 2017
Service Tax Updates
110. Withdrawal of exemption – online information and
database access or retrieval services
Notification No. 5/2017-ST dated 30. 01. 2017
CBEC has withdrawn the exemption
for services by way of online information database access or retrieval services
which is being provided by a person located in a non-taxable territory and
received by an entity providing charitable activities and registered u/s. 12AA of the Income-tax
Act,1961.
111. Relaxation for deposit of tax – services provided by way
online information and database access or retrieval services
Notification No. 6/2017-ST dated 30. 01. 2017
CBEC has provided relaxation on
due date for payment of service tax payable on services provided by any person
located in a non-taxable territory and received by non-assessee online
recipient, for the month of December, 2016 & January 2017, so as to deposit
the same by the 6th day of March, 2017 to the credit of Central
Government.
112. Budget Notification enabling various changes under the
present exemption structure
Notification No. 7/2017-ST dated 02 02 2017
Manufacturing related
exemption:
– Hitherto,
manufacturing related activities are
excluded from the scope of service tax. However, the proposed amendment
omits the same from negative list and the exemption to the same is being placed
here. The amendment provides categorical exemption to any intermediate
production process as job work not amounting to manufacture or production in
relation to agriculture, printing or textile processing etc. [Effective from date of enactment of Finance Bill,
2017]
– The term
“process amounting to manufacture or production of goods” has been defined in
Notification 25/2012 dated 20.06.2012 to mean a process on which duties of
excise are leviable u/s. 3 of the Central Excise Act, 1944 (1 of 1944), or the
Medicinal and Toilet Preparation (Excise Duties) Act, 1955(16 of 1955) or any
process amounting to manufacture of opium, Indian hemp and other narcotic drugs
and narcotics on which duties of excise are leviable under any State Act for
the time being in force.
Transport related exemptions:
– Exemption
scope widened under the said sector to provide relief to Government employees.
Accordingly, services of transport of passengers, with or without accompanied
belongings, by air embarking from or terminating at Regional Connectivity
Scheme and consideration received in form of Viability Gap Funding is exempted
from payment of service tax. [Applicable from 02.02.2017]
Education related exemptions:
– Education
being a primary role for country’s development, broadens the scope of exemption
which is as under:
• Services provided by the Indian
Institutes of Management, as per the guidelines of the Central Government, to
their students, by way of the following educational programmes, except
Executive Development Programme –
(a) two year full time Post
Graduate Programmes in Management for the Post Graduate Diploma in Management,
to which admissions are made on the basis of Common Admission Test (CAT),
conducted by Indian Institute of Management;
(b) fellow programme in
Management;
(c) five year integrated
programme in Management.
[Applicable from 02.02.2017]
• The word “residential” is
deleted from the above mentioned exemption entry which substantiates that fees
collected for both residential and non-residential or online Post Graduate
Programmes in Management for the Post Graduate Diploma in Management, to which
admissions are made on the basis of Common Admission Test (CAT), conducted by
Indian Institute of Management are exempted from payment of service tax.
Insurance related exemption:
• Services of life insurance
business provided or agreed to be provided by the Army, Naval and Air Force
Group Insurance Funds to members of the Army, Navy and Air Force, respectively,
under the Group Insurance Schemes of the Central Government are exempted from payment of service tax.
[Applicable from 02.02.2017]
113. Exemption –
services provided by operators of Common Effluent Treatment Plant
Notification No. 8/2017-ST dated 20. 02. 2017
CBEC has provided relaxation by
way of exemption on services provided by operators of Common Effluent Treatment
Plant by way of treatment of effluent for the period from 1st July,
2012 to 31st March 2015.
114. Introduction of
Minor head code for accounting of Refund
Circular No: 203/1/2017 – Service Tax dated 02.02.2017
CBEC has introduced minor head
code for accounting of refund to identify the appropriate head of account under
which the service wise refunds are to accounted for eventually leading to
better compliance with respect to accounting of refunds.
115. Clarification on
applicability of service tax on services by way of transportation of goods by a
vessel from a place outside India to the customs station in India w.r.t. goods
intended for transhipment to any country outside India
Circular No: 204/1/2017 – Service Tax dated 16.02.2017
CBEC has clarified the long
lasting issue w.r.t. applicability of service tax on services provided to goods
intended for transhipment to any country outside India. Thus, the said
clarification is in line with position under the Customs Act, 1962 which states
that no customs duty is payable in cases where the goods entered into
territorial waters for transhipment and the destination of goods which is other
than India is mentioned in the import manifest/import report.
Accordingly, in case of
transhipped goods, services by way of transportation of goods by a vessel from
a place outside India to the customs station in India are not taxable in India
as the destination of such goods is a country other than India.
MVAT UPDATE
116. Go live of : 1)
Improved functionality of new registration with integrated payment gateways. 2)
Functionality of amendment and cancellation of registration certificate.
Trade Circular 4T of 2017 dated 02.02.2017
The SAP based system for online
registration has been upgraded with effect from 19.12.2016 with additional
features of Integration of Payment Gateways for payment of fee or Deposit or
both along with application for new registration as well as online facility of
application for amendment or
cancellation of registration certificate.
Service Tax Updates
18. Amendment under Service Tax (Advance Rulings) Rules, 2003
Notification No. 12/2017-ST dated 31. 03. 2017
For the purpose of cases in
relation to service tax, CBEC has classified advance ruling authority as the
authority established under the Customs Act which mainly deals with the matters
in relation to the central excise & customs.
19. Amendment under Service Tax (Settlement of Cases) Rules,
2012
Notification No. 13/2017-ST dated 12. 04. 2017
CBEC has amended the form of
application for settlement of cases for service tax. The said amendment is
effective 12.04.2017.
20. Determination of point
of taxation in case of services provided by a person located in non-taxable
territory to a person in non-taxable territory
Notification No. 14/2017-ST dated 13. 04. 2017
The point of taxation in respect
of services provided by a person located in non-taxable territory to a person
in non-taxable territory by way of transportation of goods by a vessel from a
place outside India up to the customs station of clearance in India, shall be
the date of bill of lading of such goods in the vessel at the port of
export. The same is effective
retrospective from 22.01.2017.
21. Amendments under Reverse Charge Mechanism
Notification No. 15/2017-ST dated 13. 04. 2017 [Effective
from 23.04.2017]
The business entity located in the
taxable territory who is litigant, applicant or petitioner who receives legal
services shall be treated as the person liable for payment of service tax.
Further, non-assessee online recipient has been defined. Further, importer is
liable for payment of service tax for services provided by a person located in
non-taxable territory to a person in non-taxable territory by way of
transportation of goods by a vessel from a place outside India up to the
customs station of clearance in India.
22. Amendments under Service Tax Rules, 1994
Notification No. 16/2017-ST dated 13. 04. 2017 [Effective
from 23. 04. 2017]
The definition of “person liable
to pay service tax” has been amended to include importer as such person for
services provided by a person located in non-taxable territory to a person in
non-taxable territory by way of transportation of goods by a vessel from a
place outside India up to the customs station of clearance in India.
Further, such importer shall have
the option to pay an amount calculated at the rate of 1.4% of the sum of cost,
insurance and freight (CIF) value of such imported goods.
23. Order No: 1/2017 dated 25th April, 2017
Extension of due date for filing Service Tax Returns
The due date for filing service
tax returns for the period from October 2016
to March 2017 is extended by 5
days and therefore the revised due date for filing service tax returns for the
above mentioned period is 30th April, 2017.
MVAT Updates
24. Exemption from payment of late fee u/s 20(6) of the MVAT
Act, 2002
Trade Circular 9T of 2017 dated 01.4.2017
The whole of the Late Fee is
exempt if it is filed as per revised dates which for
Monthly returns from April-2016 to February -2017 is up to 10.4.2017;
for quarterly returns April to June-2016 & July to September-2016 is up to
10.4.2017 and for monthly return March-2017 is up to 30.4.2017.
Quarterly return also made
available for October to December 2016 and may be filed up to 21.4.2017.
Quarterly return also made available for January to March – 2017 and may be filed up to 10.5.2017.
25. Changes in the rate of tax, extension to exempted
commodities and changes in taxation of liquor under the Maharashtra Value Added
Tax Act, 2002
Trade Circular 10T of 2017 dated 06. 04. 2017
Giving effect to the budget
proposal for the year 2017-18 amendments to Schedules A, C & D have been
explained in this Circular.
26. Maharashtra Act
No. XXXI of 2017
Notification No. VAT-1517/CR-10/Taxn-1 dated 28.2.2017
Amendments to Maharashtra Value Added Tax Act, Sugarcane
Purchase Tax Act, Profession Tax Act and Entry Tax Rules
Trade Circular 11T of 2017 dated 20. 04. 2017
Service Tax Updates
81. Jurisdiction for
online services from non taxable territory
Notification No. 50/2016 – ST
dated 22.11.2016
This Notification seeks to amend
notification No. 20/2014-ST dated 16th September, 2014 so as to
provide exclusive jurisdiction to LTU-Bangalore with respect to online
information and database access or retrieval services provided or agreed to be
provided by a person located in non-taxable territory and received by a
‘non-assessee online recipient’.
82. Online information
and database access or retrieval services excluded from the definition of
“telecommunication Services”
Notification No. 51/2016 – ST
dated 30.11.2016
This Notification seeks to amend
Place of Provision of Services Rules, 2012 so as to exclude ‘online information
and database access or retrieval services’ from the definition of
‘telecommunication services’.
83. No service tax on
card transactions of upto Rs. 2,000/-
Notification No. 52/2016 -ST
dated 08.12.2016
This Notification seeks to amend
exemption notification No. 25/2012-ST dated 20.06.2012 so as to exempt services
by an acquiring bank, to any person in relation to settlement of an amount upto
two thousand rupees in a single transaction transacted through credit card,
debit card, charge card or other payment card service.
MVAT UPDATES
84. Computerisation
Desk Audit (CDA) for the period 2013-14
Trade Circular 37T of 2016 Dated
25.11.2016
The MVAT Department has generated
Computer Desk Audit Report for the period 2013-14 which is accessible to dealer
on website www.mahavat.gov.in and dealer can submit compliance electronically
before 20.12.2016. Detailed procedure is explained in this circular.
Notification No. 03/2016 dated 03.02.2016
CBEC vide this Notification allows refund/rebate of Swachh Bharat Cess to exporters and SEZ units. By this notification CBEC seeks to amend Notification No. 39/2012- ST, dated 20th June, 2012 so as to provide for rebate of Swachh Bharat Cess paid on all services, used in providing services exported in terms of rule 6A of the Service Tax Rules.
84. Refund of Service Tax paid on Services used beyond factory for export of goods :
Notification No. 01/2016 dated 03.02.2016
The Board has issued this Notification, amending the Notification No. 41/2012-ST substituting “place of removal” with “factory or any other place or premises of production or manufacture of the said goods” effective from 3rd February, 2016. The impact of such amendment would be allowing refund of service tax paid on expenses incurred post factory gate which hitherto was considered ineligible for refund.
Further Notification No. 41/2012-ST also grants option for claiming refund based on fixed percentage of FOB value of export. The rate of refund as specified in the said notification was fixed when the rate of service tax was 12.36%, the said schedules of rates is now being amended by this Notification No. 01/2016 to give effect of current service tax rate of 14.5 %.
85. Refund of Swachh Bharat Cess paid on Specified Services used in SEZ units :
Notification No. 02/2016 dated 03.02.2016
CBEC vide this Notification seeks to amend Notification No. 12/2013- ST, dated the 1st July, 2013 so as to allow SEZ units, the refund of Swachh Bharat Cess paid on specified services on which ab-initio exemption is admissible but not claimed.
Service
Tax Updates
40. Amendment to Place of
Provision of ‘online information and database access or retrieval services’
w.e.f. 01.12.2016
Notification No.46/2016-ST
dated 09. 11. 2016
Central
Government has amended the POPS, 2012 Rules in order to effect that place of
provision for the services provided by way of online information and database
access or retrieval services shall be the location of the service recipient.
41. Withdrawal of
exemption: Online information and database access or retrieval services
Notification No. 47/2016-ST
dated 09. 11. 2016
CBEC has withdrawn the exemption for services by way of online
information database access or retrieval services which being provided by a
person located in a non-taxable territory and received by Government, a local
authority, a governmental authority or an individual in relation to any purpose
other than commerce, industry or any other business or profession.
42. Enhancement of scope of
taxability : Online information and database access or retrieval services
Notification No. 48/2016-ST
dated 09. 11. 2016
CBEC has
defined the terms ‘online information and database access or retrieval
services’ and ‘non-assessee online recipient’. Further, it states that the
person liable to pay service tax is the person located in the taxable territory
in cases where services are provided by a person located in the non-taxable
territory to a person located in the taxable territory.
However, in
cases where services are received by non-assessee online and are provided by a
person located in the non-taxable territory, the person liable for payment of
service tax is that person or his representative in the taxable territory.
If there is
no representative then the said person is liable for taking registration within
a period of thirty days under Form ST-1A from the date on which the service tax
becomes leviable. Registration certificate would be granted under Form ST-2A
and the said registration shall be deemed to be granted from the date of
receipt of the application. Returns for such registration should be filed in
Form ST-3C and the format of which is given, however, online utility will be
released in due course.
43. Amendment under reverse
charge mechanism
Notification No. 49/2016-ST
dated 09. 11. 2016
Services
provided or agreed to be provided by any person who is located in the
non-taxable territory and shall be received by any person other than
non-assessee, online recipient is covered under reverse charge mechanism where
the said service recipient is liable for payment of service tax. Thus, in cases
where service receiver is a non-assesse online recipient, reverse charge
mechanism is not applicable.
44. Exclusive jurisdiction
for cases of online information and database access or retrieval services.
Notification No. 50/2016
dated 22. 11. 2016
In cases,
where services of online information and database access or retrieval services
are provided or agreed to be provided by a person located in the non-taxable
territory and received by a non-assessee online recipient only LTU- Bangalore
unit has exclusive jurisdiction over all the proceedings under Finance act,
1994 in such cases.
45. FAQ: Service tax on
cross-border transactions [w.r.t. online information and database access or
retrieval services (OIDAR)]
Circular No: 202/12/2016
dated 09. 11. 2016
With the
withdrawal of exemption for service tax on cross border online information and
the growing dependency on such transaction for both the categories i.e.
business to business and business to customers some 46 questions are answered which come across very
frequently.
MVAT
Updates
46. e-Returns for Dealers
registered under the The Maharashtra Tax on the Entry of Goods into Local Areas
Act, 2002.
Trade Circular 33T of 2016
dated 27.10.2016
The facility
to file electronic returns for the importers registered under the Maharashtra Tax on the Entry of Goods in to
Local areas Act, 2002 has been made available through Department’s website
www.mahavat.gov.in and details procedure explained in the given circular.
47. Extension of due date
for filing of monthly returns for the period from April 2016 to September 2016.
Trade Circular 34T of 2016
dated 2.11.2016
48. Exemption from payment
of late fee u/s. 20(6) of the Maharashtra Value Added Tax Act,2002 for late
filing of return
Trade Circular 36T of 2016
dated 21.11.2016
Time limit
to file Invoice based monthly mvat & cst returns for the period from April
2016 to October 2016 is extended up to 30.11.2016 and for quarterly returns for
the period April-2016 to June-2016 uploading date has been extended up to
10.12.2016 and for July-2016 to Sept-2016 uploading date has been extended up
to 21.1.2017 so whole of the late fees for the period is exempt if filed on or
before the respective extended date. If dealer has received return in PDF along
with late fees then such late fees is not required to be paid. If such late
fees has been paid by the dealer he may revise such return and carry forward the excess
amount to next period as an excess credit.
49. Distribution of provisional
Login ID and Passwords
Trade Circular 35T of 2016
Dated 12.11.2016
All the
dealers who are presently registered under the Maharashtra Value Added Tax Act,
2002, Central Sales Tax Act, 1956, the Maharashtra Tax on the Entry of Goods
into Local Areas Act, 2002, the Maharashtra Tax on Luxuries Act, 1987 are
required to enrol themselves for GSTIN. .Given circular has explained detail
procedure.
50. Notification about
accepting cash payment
No. VAT. 1516/CR-153/Taxation-1 dated 12.11.2016
Maharashtra
government has amended MVAT Rule 45A thereby dealer may pay tax, interest and
penalty during the period the bank notes
of existing series of denomination of the value of five hundred rupees and one
thousand rupees are permissible to be the legal tender by the central
government by notification under sub-section (2) of section 26 of the Reserve
Bank of India Act, 1934 by way of cash including specified notes in the said
banks.
51. Extension of time limit
till 30th November 2016
Maharashtra Ordinance No.
XXVII of 2016 dated 17.11. 2016
Applicant
who desires to settle the arrears in dispute can make the application under the
Maharashtra Settlement of Arrears in Disputes Act, 2016 up to 30.11-2016
52. Settlement of Disputed
Arrears – Schedule of payment of Requisite amount
SAD 1516/CR 155/Taxation-1.
dated 19.11.2016
By this
Notification, the fifty per cent of the requisite amount payable under the
Maharashtra Settlement of Arrears of Dispute, 2016 shall be paid on or before
the 30.11. 2016 and remaining fifty per cent amount shall be paid on or before
the 31.12.2016. The proof of payment shall be deemed to have been submitted on
the date on which the said payment is made.
Notificaiton VAT 1516/CR 64/Taxation -1 dated 29.04.2016
Maharashtra Government has notified further amendments in the Maharashtra Value Added Tax Rules, 2005 with effect from 26.04.2016
Notificaiton VAT 1516/CR -52/Taxation-1 Dated 22.04.2016
Maharashtra Government has notified amendments in the Maharashtra Value Added Tax Rules, 2005 with effect from 01.04.2016.
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.
Trade Circular 10T of 2016 dated 03.05.2016
To unlock the arrears pending at appellate forum under various Acts administered by the Maharashtra Sales Tax Department, “The Maharashtra Settlement of Arrears in Dispute Acts,2016” is passed with a view to provide the settlement of arrears in dispute. Salient features and related procedural aspects are explained in this Circular.
Trade Circular 11T of 2016 dated 06.05.2016
This Circular explains the conditions and procedure granting exemption for late fees payable by educational institutions which receive grant- in -aid from State government which have not filed PT e-returns though PT for the said returns period has been deducted and paid in the Government treasury for all return periods starting from 01.04.2006 to 31.03.2016 if e returns for such periods are filed up to 30.6.2016.
Trade Circular 12T of 2016 dated 06.05.2016
Government of Maharashtra has declared Amnesty Scheme for persons who have not obtained Enrollment Certificate yet. Accordingly, if a person makes an application for enrolment during the period from 1.4.2016 to 30.9.2016 or his application for enrolment is pending on 1.4.2016 and if enrolment certificate is obtained under the “Professional Tax Enrolment Amnesty Scheme 2016” then Profession tax and Interest prior to 1.4.2013 will be waived in full and penalty u/s. 5(5) of the Profession Tax Act, 1975 will not be imposed. Detailed procedure has been explained in this Circular.
Trade Circular 13T of 2016 dated 06.05.2016
This Circular explains amendments in the authorities to whom application for administrative relief is to be made.
Trade Circular 14T of 2016 dated 07.05.2016
To give effect of Budget proposals for the year 2016-17 a bill (Legislative Assembly Bill No. XVIII of 2016) to amend various Acts, administered by the Sales Tax Department has been passed by the legislature and has received assent of the Governor on 26.04.2016. The Act (Maharashtra Act No.XV of 2016) is published in the Maharashtra Government gazette dated 26.04.2016. In this Circular, all the amendments have been explained in detail.
Trade Circular 15T of 2016 dated 09.05.2016
By this Circular, regarding proof of permanent place of registration, more relaxation has been provided by allowing to submit any two documents from the list of 13 documents specified in Trade Circular 7T of 2015 & 4T of 2016 as proof permanent residential place at the time of registration.
Trade Circular 17T of 2016 dated 09.05.2016
Maharashtra Vat department has designated one day of the week viz. the Wednesday (2pm to 5pm) as Taxpayers’ Day wherein Zonal/Divisional/Unit heads of all offices will meet the taxpayers/other stakeholders in their chamber without any prior appointments in order to address their grievances relating to sales tax expeditiously.
MVAT UPDATES
Trade Circular 18T of 2016 dated 24.05.2016
Maharashtra VAT department is implementing new SAP based system in phased manner. In this Circular, changes in the process of registration, free billing software, transition issues relating to registration and about providing help from offices have been explained. The new functionality of registration based on SAP will go LIVE after 3 pm of 25.05.2016.
Notification No. 25/2016 dated 17.05.2016
Service Tax on Services provided by the specified organisation in respect of a religious pilgrimage facilitated by the Ministry of External Affairs of the Government of lndia, under bilateral arrangement is not required to be paid for the period commencing on and from the 1st day of July, 2012 and ending with the 19th day of August, 2014.
SERVICE TAX UPDATES
Order No. 01/2016-ST dated 25.04.2016
Due to difficulties faced by the Service Tax Assessees in accessing Service Tax Applications, CBEC vide this Order has extended time to file Service Tax Return (ST-3) for the period 01.102015 to 31.03.2016 upto 29-04-2016.
