MVAT Schedule Rate on Domestic LPG Gas

4083 views 2 replies

The MVAT Rate of LPG Cylinders for Sale in Maharashtra upto 31/03/2006 was 12.50%.  But from April 2007 the manufacturer i.e. HPCL, BPCL, IOCL has started collecting VAT @ 4% on this products.  But I did not find any Entry in Schedule C for this product.

Can enbody help me in this respect.  Because in VAT Audit Report we have to report the Schedule Entry Number of the product sold.  The Company is not in position to clarify the matter.

Thanks in Advance

Replies (2)
After the amendmend in CST Act in 2006, LPG for domestic use has been included in the list of declared goos under section 14 of CST Act. Accordingly. state Govt can not levy VAT at a rate in excess of 4%.
there is nothing mentioned in the CST act -section 14 about LPG. plz check the link where i had checked the list. http://salestax.maharashtra.gov.in/ACTS/upload/00013-00086.htm so i m in a dilemma as i m not sure about what should i mention in the VAT report 704 regarding the LPG schedule entry. please help me for this. thanks in advance. my email address is tejashrirote @ gmail.com


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details