Mvat - late application or not applnfor additional place of

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This query is : Resolved

Jayesh (Querist)

12 November 2012 what are all consequences of late application or not application for additional place of business in Maharashtra value added tax.

As per section 18 with in 60 days but

1)One of my clients application is not done on time i.e. applying after time limit and

2)One of my clients is served by department whose application for additional place is not done.

Please inform the power of department like penalty, dis allowance of ITC etc..

MJ Krishnamurthy

MJ Krishnamurthy (Expert)

13 November 2012 Mr Jayesh,
Opening a branch without informing the department is like starting a new business without registration.If you have done some business and already declared that sales in the returns of the main branch.or such business done in the branch is below taxable minimum,then, no offence is
committed as per the MVAT Act. The sales effected in the branch can be included in the turnover of the main branch,if they are within the same state. When the branch sales are suppressed then all penalties and interest arising for non submission or wrong filing of returns would be attracted. Now also you can declare the new branch opening to the department, get the original certificate amended,and an additional certificate issued....MJK

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