- Notification: Madhya Pradesh VAT:
- Revised return for the year 2015-16 can be furnished upto December 31, 2016 by dealers having annual turnover more than Rs 1 crore
The Madhya Pradesh Government vide Notification No. F-A-3-50-2016-1-Five-(47) dated December 13, 2016 has inserted a new proviso after existing proviso to Rule 23(1)(ii) dealing with Revised Return under Madhya Pradesh Value Added Tax Rules, 2006 namely;
“Provided further that the revised return pertaining to the year 2015-2016 can be furnished up to 31st December, 2016, by a dealer having annual turnover exceeding rupees one crore.”
Thus, a dealer having an annual turnover more than Rs 1 crore can revise his return pertaining to the year 2015-2016 upto December 31, 2016.
Read more at: http://www.a2ztaxcorp.com/wp-content/uploads/2016/12/Notification-Revised-return-MP-VAt-docx.docx
- Audit report for the year 2015-2016 can be Furnished upto December 31, 2016 without any late fees
The Madhya Pradesh Government vide Notification No. F-A-3-50-2016-1-Five-(48) dated December 13, 2016 has inserted a new clause (ix) after clause (viii) in the proviso to Rule 54(1) of Madhya Pradesh Value Added Tax Rules, 2006 dealing with Furnishing of audit report by certain dealers and conditions for requiring a dealer or class of dealers to maintain accounts in different form and manner namely;
“(ix) the audit report pertaining to the year 2015-2016 can be furnished up to 31st December, 2016 without a late fee.”
Thus, dealer can now furnish the Audit report for the year 2015-2016 upto December 31, 2016 without any late fees.
Read more at: http://www.a2ztaxcorp.com/wp-content/uploads/2016/12/Notification-MP-VAT-Audit-report-.docx
- Public Notice: FTP
Deletion of Kuth Root from Appendix 3B of MEIS schedule
The Directorate General of Foreign Trade vide Public Notice No 46/2015-2020 dated December 13, 2016 has deleted the following entry from the Appendix 3B of MEIS schedule
|
S. No. of Appendix 3B |
ITC (HS) Code | Description of good |
| 506 | 12119046 |
Kuth Root |
Read more at: http://dgft.gov.in/Exim/2000/PN/PN16/PN4616.pdf