Note: We have briefed upon MVAT, CST and Profession Tax provisions applicable to the dealers registered in Maharashtra
| COMPLIANCES | DUE DATE | RETURN / FORM /CHALLAN |
|---|---|---|
| SERVICE TAX | ||
| Payment of Service Tax | For all months (except March): 5th day of the following month (6th day in case of e-payment) For the month of March: by 31st March | Challan GAR-7 |
| Filing of Service Tax Return | 25th October for the half year ended 30th September and 25th April for the half year ended 31st March. A single service tax return should be filed (in Form ST-3) in respect of all taxable services provided by an assessee. | ST - 3 |
| MAHARASHTRA VALUE ADDED TAX (MVAT) AND CENTRAL SALES TAX (CST) | ||
| Filing of returns and payment of MVAT / CST: As per the periodicity of filing returns as specified on the website of Maharashtra Sales Tax Department (www.mahavat.gov.in) | Due date for filing MVAT and CST Return and making payment of MVAT and CST is 21st day of the following month for dealers having monthly or quarterly periodicity and 30th day of the following month for dealers having six-monthly periodicity. Revised returns can be filed within 10 months (for any periodicity) from the end of the year to which return relates. E-filing of returns and e-payment is mandatory for all dealers. | Return Form for VAT: 231/232/233/234/235 Return Form for CST: Form III(E) Payment: Form MTR - 6 (for MVAT and CST) |
| TDS on Works Contract (WCT) | @ 2% by the contractee if turnover of Purchases in the nature of works contract, from any party in a financial year exceeds Rs. 5 lakhs. | - |
| Payment of TDS | To be paid electronically before 21st day of following month | Form MTR - 6 |
| Filing of TDS Returns | To be filed annually on or before 30th June | Form 405 |
| Issuance of TDS certificates | To be provided to contractors, before filing annual return Register of such TDS Certificates is to be maintained by the dealer. Credit of TDS is allowed to contractor while discharging his MVAT liability. | TDS Certificate: Form 402 Register of TDS Certificate: Form 404 |
| Audit Report | 30th November of same year. Audit is applicable if gross turnover of sales or purchases has exceeded Rs. 60 lakhs during the year. Audit report is to be submitted electronically and thereafter acknowledgement is to be submitted manually along with prescribed documents. | Form No. 704 |