October 19, 2010 by Post Team
Mahavat, Department of Sales Tax, the Government of Maharashtra, India has released the filing at the intervals on the website of the official website for the year 2010-11. They can check their website at the www.mahavat.gov.in.
Frequency & timing of statements to be submitted during the periods completed in fiscal year 2010-11 is now available on the Know Your TIN facilities. Dealers are encouraged to file their VAT & CST Act depending on the frequency and use of new templates for version, ie e-Return 1.2.2.
Maharashtra Value Added Tax Act extended to the entire State of Maharashtra, with effect from April 1, 2005. This is a value added tax is a consumption tax on the estimated market value added to a product or material at each stage of manufacture or distribution, ultimately passed on to consumers. It differs from a sales tax, levied only at the time of purchase.
For more details and how to MVAT knnow, log on to the official web site mentioned above.
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