Does NMMC(Navi Mumbai Muncipal Corporatiion) cess qualify as an entry tax and is it therebydeductible under provisionds of MVAT?
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NMMC cess
Replies (3)
NMMC tax is Municipality tax and not Government tax and so it is not deductible under MVAt tax act. It has to be paid to the Municipal Corp. of Navi Mumbai and not to Government
thnx for the info
2 Question related of NMMC
1. Whether cess is applicable on Fixed assets which inclusive of VAT , Trasnportation charges means what is defination of ad valorum under NMMC
2. Whether intangible assets cover under cess as per NMMC
Regards
CA .Jaideep
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