RSM India

Newsflash - Certain amendments in MVAT Act, 2002

Maharashtra VAT Department has issued the Notification No VAT. 1515/ CR-81/Taxation-1 dated 5 November 2015 for increase in Interest Rate for delay of VAT payment with effect from 1 December 2015. Further, Maharashtra VAT Department has issued Trade Circular No. 17T of 2015 dated 7 November 2015 for physical submission of statement of Submission and acknowledgement of Audit Report in Form 704 for the Financial Year 2014-15.

 

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