What we do
Our work in this practice group is structured around the records, deadlines, and decisions involved:
- Statutory compliance under the Maharashtra State Tax on Professions Act, 1975.
- Prevention of monthly compounding interest (1.25% per month) and statutory penalty notices.
- Mandatory prerequisite for opening current bank accounts and securing municipal/government trade licenses.
- Smooth renewal of Shop & Establishment Act licenses and commercial contracts.
- Verification of legitimate business standing during corporate due diligence and bank funding.
- Seamless online application and fast turnaround via the Mahagst portal.
How the engagement works
Under Section 5(2) of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975, every person liable to pay tax under this Act (other than a person earning salary or wages) must apply for a Certificate of Enrollment within 30 days of becoming liable. Failure to enroll within the prescribed period attracts penalties, and delayed payments attract interest at 1.25% per month under Section 9 of the Act.
Scenario 1: A professional (doctor, lawyer, architect, CA, engineer, or consultant) starting an independent private practice or consultancy in Maharashtra.
Scenario 2: A newly incorporated Private Limited Company or LLP requiring PTEC for the company/LLP entity itself and for each of its Directors/Designated Partners.
Scenario 3: A sole proprietor or partnership firm opening a commercial establishment or retail showroom in Pune, Mumbai, or elsewhere in Maharashtra.
Scenario 4: A business responding to a Mahagst notice regarding non-enrollment under the Maharashtra Professional Tax Act.
Scenario 5: An enterprise applying for government tenders, MSME benefits, or bank credit lines requiring proof of active state tax registrations.
Eligibility & Schedular Classification
We review your business entity type, profession, partner/director profiles, and determine the exact enrollment category under Schedule I of the Maharashtra PT Act.
Documentation & Portal Preparation
We compile and verify all necessary identity, address, commercial premise, and corporate documents, ensuring flawless submission on the Mahagst portal.
Mahagst Application Filing
We prepare and submit the online Form II enrollment application along with digital uploads and coordinate with the jurisdictional State Tax Officer.
General questions
01What is PTEC and who must obtain it in Maharashtra?
PTEC stands for Professional Tax Enrollment Certificate. It is mandatory for any individual, professional, proprietor, partner, or company director who carries on business or profession in Maharashtra. It represents the personal tax liability of the business owner or professional.
02What is the difference between PTEC and PTRC?
PTEC is for the business entity, proprietor, or director themselves to pay their own annual professional tax (typically ₹2,500/year). PTRC (Registration Certificate) is for an employer to deduct professional tax from employees’ monthly salaries and remit it to the government.
03What is the annual PTEC tax amount in Maharashtra?
For most corporate entities, LLPs, company directors, and enrolled professionals, the statutory annual tax liability is ₹2,500, payable on or before 30th June of each financial year.
04What happens if I delay obtaining PTEC?
Delay in enrollment attracts penalty proceedings under Section 5(5) of the Act. Additionally, delayed payment of the annual tax attracts interest at 1.25% per month under Section 9.
05Do company directors need separate PTEC registrations?
Yes. In Maharashtra, both the company entity and individual directors/designated partners are required to obtain individual PTEC enrollments and discharge their respective annual liabilities.