Law Updates

NOTIFICATION 

MAHARASHTRA ACT No. VI OF 2007

(first published after having received the assent of the Governor in the “Maharashtra Government Gazette” , on the March 2007)

An Act further to amend the Maharashtra State Tax on Professions, Trades Callings and Employments Act, 1975 and the Maharashtra Value Added Tax Act, 2002.

WHEREAS it is expedient further to amend the Maharashtra State Tax on Professions Trades, Callings and Employments Act, 1975 and the Maharashtra Value Added Tax Act, 2002, for the purposes hereinafter appearing it is hereby enacted in the Fifty-eighth Year of the  Republic of India as follows :-

CHAPTER –I

PRLIMINARY

Short Title

1. This Act may be called the Maharashtra State Tax on Professions, Trades, Callings and Employments and the Maharashtra Value Added Tax (Admendment) Act 2007.

CHAPTER II

Amendment to the Maharashtra State Tax on Professions Trades, Callings and Employments Act, 1975.

Amendment of section 7 of Mah. XVI of 1975

2. In section 7 of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 in sub-section (3) in the first proviso for the figures letters and word “1^st April 2007” the figures  letters and word “1^st April 2008” shall be substituted.

CHAPTER III

Amendment of section 96 of Mah. IX of 2005

3. In section 96 of the Maharashtra Value Added Tax Act, in sub-section (1) after clause (a) the following clause shall be inserted and shall be deemed to have been inserted, with effect from the 1^st April 2005 namely:-

“(a-1) where all the statements pertaining to any year ending on or before the 31^st March 2004 are filed by the licensed trader on or before the 30^th September 2004 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 2007, the Collector may make such order of assessment before the 31^st March 2008”.