Law Updates

ACT

In pursuance of clause (3) of article 348 of the Constitution of India, the folowing translation in English of the Maharashtra Value Added Tax (Amendment) Act, 2008 (Mah Act No. VIII of 2008), is hereby  published under the authority of the Governor.

By order and in the name of the Governor of Maharasthra,

 A.M. SHINDEKAR,
Secretary to Government,
Law and Judiciary Department.

MAHARASHTRA ACT No.  VIII of 2008.

(First published after having received the assent of the Governor in the “Maharashtra Government Gazette”, on the 31^st March, 2008).

An Act further to amend the Maharashtra Value Added Tax Act, 2002.

WHEREAS it is expedient further to amend the Maharashtra Value Added Tax Act, 2002, for the purpose hereinafter appearing; it is hereby enacted in the Fifty ninth Year of the Republic of India as follows:-

Mah IX of 2005. 

1. (1) This act may be called the Maharashtra Value Added Tax (Amendment) Act, 2008.

Short title and Commencement.

(2)    Section 1 and 3 shall come into force at once and section 2 shall come into force on such date, as the State Government may, by notification in the Official Gazette, appoing.

Amendment of section 29 of Mah. IX of 2005

2. In section 29 of the Maharashtra Value Added Tax Act, 2002, (hereinafter referred to as “the principal Act”), in sub-section (8), --

Mah IX of 2005

(a).  for the words, “rupees two thousand” at both the places where they occur, the words “rupees ten thousand shall be substituted:

(b)   for the words “rupees one thousand” the words “rupees five thousand” shall be substituted.

Amendment of section 96 of Mah IX of 2005,

3. In section 96 of the principal Act, in sub-section (1), after clause (a.1) the following clauses shall be inserted, namely :-

“(a-2) where all the statements pertaining to any year commencing on or after the 1^st April, 2002 and ending on or before the 30^th September,2004 and an order or assessment under sub-section (3) or (4) of section  6 of the Bombay Sales Motor Spirit Taxation Act, 1958, is not made before the 31^st March,2008, The collector may make such order of assessment before the 31^st March, 2009; Bom LXVI of 1958.

(a-3) where all the statements pertaining to the year commencing on or after the 1^st April, 2004 and ending on the 31^st March, 2005 are filed by the licensed trader on or before the 30^th September 2005, and an order of assessment under sub-section (3) or (4) of section 6 of the Bombay Sales of Motor Spirit Taxation  Act, 1958 is not made before the 31^st March, 2008, the Collector may make such order of assessment before the 31^st march, 2010, Bom LXVI of 1958.

(a-4) in respect of the returns relating to any period commencing on or after the 1^st April, 2002 and ending on the 31^st March, 2004, an order of assessment under sub-section (3) or  (4) of section 33 of the Bombay Sales Tax Act, 1959 may be made on or before the 31^st March, 2009; and in respect of returns relating to any period commencing on or after the 1^st April, 2004, Bom LI of 1959, an order of assessment under sub-section (3) or (4) of the said section 33 may be made on or before the 31^st March 2010;”.