Vat rate are change
This query is : Resolved
Dhiraj Naik
(Querist)
12 April 2016
Dear Sir / Madam,
Please suggest the VAT rate change 5% VAT to New rate is 5.5% is change.
Thanks
Regards
Please suggest the VAT rate change 5% VAT to New rate is 5.5% is change.
Thanks
Regards
CA ANKIT GUPTA
(Expert)
12 April 2016
Dhiraj
Please specify the state for which your query exist.
For DVAT Registration-Filing-Consultancy
Feel free to reach us at www.emunshe.com
Ankit Gupta
Founder Member
(Call/Whatsapp) - 9811985576
(Email) - ankit@emunshe.com
Please specify the state for which your query exist.
For DVAT Registration-Filing-Consultancy
Feel free to reach us at www.emunshe.com
Ankit Gupta
Founder Member
(Call/Whatsapp) - 9811985576
(Email) - ankit@emunshe.com
03 August 2025
Yes, the Maharashtra VAT rate was increased from 5% to 5.5%, effective from 1st April 2016. This change was implemented through Notification No. VAT. 1516/C.R. 31/Taxation-1, issued by the Maharashtra Finance Department on 30th March 2016.
CAclubindia
+5
TaxGuru
+5
Stvat
+5
The notification amended Schedule A and Schedule C of the Maharashtra Value Added Tax Act, 2002, to reflect this rate adjustment. The revised rate applied to various goods, including certain iron and steel products, which were previously taxed at 5%.
TaxGuru
+1
CAclubindia
+1
This increase was part of the 2016-17 state budget proposals and was aimed at compensating for potential revenue losses due to the impending implementation of the Goods and Services Tax (GST).
CAclubindia
+5
TaxGuru
+5
Stvat
+5
The notification amended Schedule A and Schedule C of the Maharashtra Value Added Tax Act, 2002, to reflect this rate adjustment. The revised rate applied to various goods, including certain iron and steel products, which were previously taxed at 5%.
TaxGuru
+1
CAclubindia
+1
This increase was part of the 2016-17 state budget proposals and was aimed at compensating for potential revenue losses due to the impending implementation of the Goods and Services Tax (GST).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Oct 2025 Invoices
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
