MVAT rate on petrol is increased from 1st June 2016

FINANCE DEPARTMENT

Madam Cama Marg, Hutatma Rajguru Chowk,

Mantralaya, Mumbai 400032, Dated the 31.05.2016.

NOTIFICATION

Maharashtra Value Added Tax Act, 2002_

No. VAT 1516/ CR 77/Taxa.tion-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 1st June, 2016, amends SCHEDULE IT appended to the said Act, as follows, namely :—

In Schedule ’17, appended to the Maharashtra Value Added Tax Act, 2002, in entry 10,—(a) in sub-entry (a), against clauses (i) and (ii), in column (3), for the figures, signs and words “26%+Three rupees per litre”, the figures, signs and words, “26%+ Four rupees fifty paise per litre” shall be substituted;

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

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

V. S. NAGARGOJE,

Deputy Secretary to Government.

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