What we do
Our work in this practice group is structured around the records, deadlines, and decisions involved:
- Accurate filing of Form 231/232 returns avoiding late filing fees (₹5,000 per return) and penal interest.
- Flawless calculation of Set-off (Input Tax Credit) in compliance with Rules 52, 53, and 54 of MVAT Rules.
- Expert handling of legacy assessments and mismatch notices under Sections 23 & 30.
- Resolution of pending Central Sales Tax (CST) declarations (C-Forms, F-Forms, H-Forms).
- Substantial tax and penalty relief through Maharashtra Tax Amnesty Schemes.
- Professional representation by experienced Chartered Accountants before Mahagst appellate benches.
How the engagement works
Under Section 20 of the MVAT Act, 2002, every registered dealer must furnish correct and complete returns within the prescribed period. Failure to file returns attracts a mandatory late fee of ₹5,000 under Section 20(6). Non-payment or short payment attracts monthly compounding interest under Section 30(2), and penalty under Section 29(3).
Scenario 1: A petrol pump or diesel dealership filing monthly/quarterly Form 231 returns on the Mahagst portal.
Scenario 2: An authorized wine and liquor retailer remitting monthly state sales tax and filing statutory reconciliations.
Scenario 3: An industrial enterprise receiving an ex-parte assessment order or recovery notice for pre-GST financial years.
Scenario 4: A corporate seeking dispute resolution and waiver of interest/penalties under the latest Maharashtra Amnesty Scheme.
Scenario 5: A business undergoing departmental scrutiny of Input Tax Credit set-offs under Section 23 of the MVAT Act.
Turnover & Tax Computation
We compute gross sales turnover, exempt sales, taxable sales, and assess applicable tax rates on scheduled commodities.
Form 231 / 232 Preparation & Filing
We draft and electronically upload the statutory MVAT returns on the Mahagst portal and generate payment challans.
CST Return & Declaration Auditing
We prepare inter-state CST Form III(E) returns and reconcile pending statutory declaration forms (C-Forms, F-Forms).
General questions
01What is the frequency of filing MVAT returns?
Depending on the dealer’s previous year’s tax liability, returns are filed monthly (for liabilities exceeding ₹1 Crore) or quarterly on the Mahagst portal.
02What is the late fee for delayed MVAT returns?
A statutory late fee of ₹5,000 per return is payable under Section 20(6) of the MVAT Act, 2002 for any delay beyond the due date.
03Can legacy pre-2017 MVAT demands still be settled?
Yes. The Government of Maharashtra periodically notifies the Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act (Amnesty Scheme), allowing taxpayers to settle legacy disputes with substantial waivers of interest and penalties.
04What forms are required for inter-state sales under CST?
For inter-state sales of non-GST goods, Form III(E) is filed, supported by C-Forms (for sales to registered dealers) and F-Forms (for stock transfers).