Government of Maharashtra exempts payment of late fees under the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975

May 02, 2020 | by Avantis RegTech Legal Research Team


Finance & Taxation Compliance

The State Government of Maharashtra on April 30, 2020, exempts the late fee payable by the registered employer in respect of monthly or annual returns pertaining to periods upto March 2020 under Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975, due to technical difficulties faced by the taxpayers subject to the fulfillment of eligibility conditions.

The Eligibility Conditions are as under:

i)                    Any amount payable (tax + interest) as per return should have been/shall be paid on or before the filing of returns.

ii)                   The aforesaid employers should submit the returns pertaining to any periods up to April 2020 on or before May 31, 2020.

No refund or adjustment against any tax liability was be allowed where late fee has already been paid.

Revocation of Late fee exemption: If it is found that the employer has not fulfilled the conditions or has submitted false information to avail the benefit of exemption then, his exemption of late fee shall be revoked and action will be taken against him as per the provisions of law.

[Trade Circular No. ACST/GST-3/PT/late-fee exemption/2020]


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