Full/Partial exemption of late fee under section 20(6) of MVAT Act, for late returns.
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....of late fee under section 20(6) of MVAT Act, for late returns. Reference: I) Notification No. VAT IS13/CR 124/ Taxn-l dated 1st Jan. 2014 2) Notification No. VAT 1516/CR 178/Taxn-1 dated 28th December 2016 Goods and Services Tax Act shall be implemented soon. After the implementation of the GST, many state taxes would be subsumed in GST. Most of the existing registered dealers would get registr....
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....w to grant an opportunity to the defaulters, before the Department starts a rigorous drive against the returns defaulters in the month of March 2017, the Government of Maharashtra has waived the late fee by amending the notification, No. VAT 1513/CR 124/Taxn-l, dated 1st January 2014, issued u/ s 20(6) of the MVAT Act by notification No. VAT 1516/ CR 178/ Taxn-l, dated 28th December 2016. By virtu....