TaxTMI 
TaxTMI 
2024 (8) TMI 197
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....nable forthwith. By consent of the parties, heard finally. 2. Petitioner is impugning an assessment order dated 28th March 2024 and the notice of demand also dated 28th March 2024 on various grounds. 3. Petitioner is in the business of exploration of petroleum resources in 'Panna and Mukta' and 'Mid and South Tapti' fields off the coast of Mumbai. The area where Petitioner operates is situated at a distance ranging from 60 to 120 nautical miles from the territorial baselines of India. Based on the exploration in the contract areas, Petitioner sells petroleum crude and natural gas to the nominated agencies of the Government of India. It is Petitioner's case that title in respect of crude and natural gas is transferred in favour of the ....
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....ioner was issued a letter dated 11th March 2024 once again calling upon Petitioner to submit assessment compliance within 7 days. We find the letter to be as bald and vague as the show cause notice. In the said letter, there is not even a reference to the documents that Petitioner had, alongwith its letter dated 6th January 2024 submitted. Respondent No.2, thereafter, proceeded to pass the impugned order dated 28th March 2024 under Section 23 of the MVAT Act. Respondent No.2 has passed order without dealing with any points and simply on the basis of best judgment basis under Section 23 (2) of the MVAT Act. 7. Section 23 (2) of the MVAT Act reads as under:- 23. Assessment (1) ...... (2) Where the return in respe....
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....urn is correct and complete, and he thinks it necessary to require the presence of the dealer or the production of further documents, he shall serve on such dealer, a notice requiring him, on a date and at a place specified therein, either to attend and produce or cause to be produced all documents on which such dealer relies in support of his return, or to produce such documents or evidence as specified in the notice. Therefore, the Commissioner should first form an opinion that it is necessary or expedient to ensure that return is correct and complete, and after he forms such an opinion he requires to produce any documents then he shall give notice describing therein the documents which are required to be produced. If one sees the show ca....
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....M 301 (See Rule 21 of the Maharashtra Value Added Tax Rules, 2005) Notice under Sub-section (2), ( 3) or (4) of section 23 of the Maharashtra Value Added Tax Act, 2002 M/S BG EXPLORATION AND PRODUCTION INDIA LIMITED-JV. Received 498 08/12/2023 BG HOUSE, BG EXPLORATION AND PRODUCTION INDIA LIMITED, HIRANANDANI BUSINESS PARK, LAKE BOULEVARD ROAD, POWAI 400076. R.C. No. MVAT Act 2002: 27160283391V R.C. No. CST Act 1956 :27160283391C Nodal-13 (E-002)/ Notice/ B-No-667 /DT: 07-12-2023. *Whereas I desire to ensure that in the return furnished by you in respect of the period from 01/04/2019 to 31/03/2020, turnovers of sales and purchases are properly admitted, deduction are correctly claimed, tax has be....
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....section 29 of the said Act in respect of the period from 01/04/2019 to 31/03/2020 should not be imposed on you. ioner Seat: Place: MUMBAI Date:07-12-2023. LA RAHUL Digitally signed by RAHUL TRUE COP TARACHAND TARACHAND DHANAWAT DHANAWAT (Rahul. T. Dhanawat) DY. COMMISSIONER OF STATE TAX, Nodal-13 (E-002), Bandra (E) Mumbai Rahul T. Dhanawat Deputy Commissioner of State Tax E 002, NODAL-13, Bandra (E), Mumbai-51. For M/s. M.P. SAVLA & CO. Amalusars Proprieter Advocates for Plaintiff(s)/Defendant(s)/ Petitioner(s)/Respondents(s)/Appellant(s). Document 3 489 Received 08/12/8 Dy. Commissioner of State Tax E-002, Nodal Unit-13, Wing-A, 1 Floor, Bandra (E)....