MVAT rates increased to 6%

Last updated: 17 September 2016


FINANCE DEPARTMENT

Madam Cama Marg, Hutatma Rajguru Chowk

Mantralaya, Mumbai 400 032, dated the 16th September 2016

NOTIFICATION

MAHARASHTRA VALUE ADDED TAX ACT, 2002.

No. VAT. 1516/CR 123/Taxation-1.—In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra hereby, with effect from the 17th September 2016 amends Schedule ‘C’, ‘D’ and ‘E’ appended to the said Act, as follows, namely :—

In the Maharashtra Value Added Tax Act, 2002,‑

I. In Schedule C,‑

(1) in the heading, for the figures and sign ” 5.5% “, the figure and sign ” 6% “, shall be substituted ;

(2) in column (3),‑

(i) against entries at serial numbers 1, 2, 3 and 3A for the figures and sign ” 5.5% “, wherever it occurs, the figure and sign ” 6% “, shall be substituted ;

(ii) against sub-entry (b) of entry at serial number 4, for the figures and sign ” 5.5% “, the figure and sign ” 6% “, shall be substituted ;

(iii) against entries at serial numbers 5, 6, 7, 9, 10, 11, 12, 13, 14, 15, 16, 17, 17A, 18, 19, 21, 23 and 24 for the figures and sign ” 5.5% “, wherever it occurs, the figure and sign ” 6% “, shall be substituted ;

(iv) against sub-entry (b) of entry at serial number 25, for the figures and sign ” 5.5% “, the figure and sign ” 6% “, shall be substituted ;

(v) against entries at serial numbers 26, 28, 29, 29A, 30, 31, 31A, 32, 33, 34, 35, 36, 37, 38, 39, 41, 43, 44, 46, 47, 50, 53, 53A, 54, 55B, 56, 59, 61, 62, 64, 65, 66, 67, 69, 70, 71, 72, 73, 74, 75, 75A, 76, 77, 79, 79A, 80, 81, 82, 82A, 82B, 83, 83A, 84, 85, 85A, 87, 88, 89, 90, 91, 92, 93, 94, 96, 97, 98, 99 and 100, for the figures and sign ” 5.5% “, wherever it occurs, the figure and sign ” 6% “, shall be substituted ;

(vi) against sub-entry (b) of entry at serial number 101, for the figures and sign ” 5.5% “, the figure and sign ” 6% “, shall be substituted;

(vii) against entries at serial numbers 103, 104, 105, 107, 108, 108A, 110, 111, 112, 113, 114, 115 and 116, for the figures and sign ” 5.5% “, wherever it occurs, the figure and sign ” 6% “, shall be substituted.

II. In Schedule ‘ D ‘, in entry 10,‑

(a) in sub-entry (a), against clauses (i) and (ii), in column (3), for the figures, signs and words ” 26% + Four rupees fifty paise per litre”, the figures, signs and words ” 26% + Six rupees per litre “, shall be substituted;

(b) in sub-entry (b), in column (3), for the figures, signs and words, ” 25%+ Four rupees fifty paise per litre ” the figures, signs and words ” 25% + Six rupees per litre “, shall be substituted.

III. In Schedule `E’,

(a) in the heading, for the figures and sign, ” 12.5% “, the figures and sign ” 13.5% “, shall be substituted;

(b) in entry 1, in column (3), for the figures and sign ” 12.5% “, the figures and sign ” 13.5% “, shall be substituted.

By order and in the name of the Governor of Maharashtra,

R. D. BHAGAT,

Deputy Secretary to Government.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.



More »


Popular News





CCI Pro



Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details