9911796707
TMI BlogIdentifying dealers who are effecting sale of non-GST goods after 01/07/2017.X X X X Extracts X X X X X X X X Extracts X X X X ..... ST Act") and Integrated Goods and Services Tax Act, 2017 (hereinafter referred to as "IGST Act") have come into force from 01/07/2017. 2. By the Maharashtra Act No. XLII of 2017, Clause (12) of Section 2 of the Value Added Tax Act is substituted by the following Clause: "(12) "goods" means petroleum crude, high speed diesel, motor spirit (commonly known as petrol), natural gas, aviation turbine fuel and alcoholic liquor for human consumption" 3. By the Taxation Law (Amendment) Act, 2017, Clause (c) of Section 2 of the Central Sales Tax Act, 1956 (hereinafter referred to as "CST Act") is omitted and for Clause (d), following Clause is substituted: "(d) "goods" means- (i) petroleum crude; (ii) high speed diesel; (iii) motor spirit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e deemed to be cancelled wef 01/07/2017. C. Dealers eligible to remain registered under the MVAT/CST Acts even after 01 July 2017: A dealer who continues to do business of selling the goods (after from 01 April 2017) mentioned in para 2/3 above, however, shall remain liable to pay tax under the MVAT Act, 2002 and the CST Act, 1956. Such dealers may include the dealers who are liable to pay tax under the MGST/CGST/IGST Acts brought in from forth 01/07/2017 D. Creation of VAT/CST return filing obligations for the periods starting from 01 July 2017: 1. The return filing obligations for the month of July 2017 onwards under the MVAT Act 2002 and the CST Act 1956, were not created in respect of the dealers whose VAT registrations stand canc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the dealers who are selling any Of the goods viz., petroleum crude, high speed diesel, motor spirit (commonly known as petrol), natural gas, aviation turbine fuel and alcoholic liquor for human consumption may chose option to remain registered under the MVAT/CST Acts. Return Filing Obligations will be created for only those dealers who chose to remain registered under the MVAT/CST Acts through the said utility. It is made clear to the dealers whose MVAT/CST return filing obligations have already been created, as mentioned in para D (2), shall also be required to choose the option to remain registered under the MVAT/CST for the periods starting from 1 July 2017. As stated earlier, the said list is available in the "Whats New" section on www. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ods will be again displayed to him and he can choose one or more options. After selecting one or more goods, click on "Submit" button. e) Once again the dealer will be shown the confirmation window for continuing his MVAT/CST Registration. f) If dealer choose "Yes" then return filing obligation will be created for such dealers accordingly. g) If the dealer chooses "No" for the question asked in para H(c) above, then return filing obligation will not be created for such dealers. The Registration Certificate of such dealers may be treated as deemed cancelled. I. The dealers are requested to choose the option of continuing their registration under the MVAT/CST Acts very cautiously as it will lead to creation of return filing obligations un ..... X X X X Extracts X X X X X X X X Extracts X X X X
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