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sales tax department

Maharashtra property buyers get more time to pay VAT dues

Maharashtra property buyers get more time to pay VAT dues
With the extension of the deadline to pay the Value Added Tax (VAT) dues by the Supreme Court, now the buyers and the  developers are quite relieved. The deadline has been extended October 31 for the VAT on flats purchased in Maharashtra  between 2006-2010. Also the SP has directed the Sales Tax Department to waive [...] Continue Reading »

CAs urge to levy 1% VAT in Maharashtra

CAs urge to levy 1% VAT in Maharashtra
The Bombay Chartered Accountants Society (BCAS) has urged the state government to levy a uniform one per cent tax on buyers who purchased flats between 2006 and 2010, and those after 2010. The sales tax department and developers are yet to arrive at a mutual agreement over the quantum of Value-Added Tax (VAT) leviable, the [...] Continue Reading »



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