Those who are from Maharashtra must be confused about recent circulars by the department and also about the procedure for e-filing of returns and e-payments. One of my friends, Shri. R. N. Shetty, has shared some information with me, which I am sharing with you. I request you to discuss this to understand the same and bring clarity to the subject.
1) Profession Tax E-Enrollment
The 3rd proviso to Sec 3(2) is inserted from 01.05.2012. It states that a person who is liable to pay tax and has remained un-enrolled; then, his liability to pay tax under this section for the periods for which he has remained so un-enrolled shall not exceed eight years from the end of the year immediately preceding the year in which he has obtained the enrollment certificate or the year in which the proceeding for enrollment is initiated against him, whichever is earlier.
2) Rate of Interest
Under the composition scheme of Profession Tax, the interest is Rs. 200/- per month, whereas in a normal case, interest up to 30.06.04 is 2% per month. From 01.07.04, it is 1.25% per month.
3) E Return
Filing of E Return for Employers is made mandatory with effect from 01-Aug-2011 in Form IIIB.
(As per Trade Circular 1T 2012).
4) New Number
Employers registered before 22nd July 2007 having an old PTRC number can get a new PT number automatically by e-enrolling on mahavat.gov.in. Those who are registered from 22.07.07 have already been granted a new PTRC number.
5) Multiple Place of Business Registration
If a dealer has multiple places of business falling in different jurisdictions of the Sales Tax Office, they will have to get a PTRC number for each such premises/branch/place. If the place of business falls in the same jurisdiction, then only one PTRC number should be taken.
6) Requirement of TAN
For obtaining a Registration Certificate (PTRC) for the principal place of business within the state of Maharashtra, mentioning of TAN is optional. However, if an employer is applying for Registration Certificates for places other than his principal place of business in the state of Maharashtra, then he should also enter the TAN number of that other location for which he is making an application.
(Trade Circular 5 T of 2012)
7) Exemption from E Registration
E Registration is mandatory for all persons except for holders of a permit for transport vehicles covered under Entry No.13 of Schedule I of the Profession Tax Act granted under the Motor Vehicles Act 1988. Such persons should directly approach the concerned RTO for an Enrollment certificate.
8) E-Payment
With effect from 01-July-2012, every employer holding a Profession Tax Registration Certificate (PTRC) shall pay tax, interest, penalty, or any amount due and payable by or under the said act electronically.
(Notification Dated 14-06-2012)
9) Assessment
a) Where all the returns are filed by the employer for any year starting on or after 1st April 2004 within one month from the end of the year to which such returns relate, no order of assessment under the provisos to sub-section (2) in respect of that year shall be made after the expiry of three years from the end of the said year; and if for any reason such order is not made within the period aforesaid, then the returns so filed shall be deemed to have been accepted as correct and complete for assessing the tax due from such employer. If returns are not filed within time, then the time limit for assessment is 8 years.
b) In the case of returns pertaining to the years on or before 31st March 2004, and filed on or before 30th September 2004, no order of assessment shall be made under the provisos to sub-section (2) on or after 1st April 2007.
10) Return Periodicity for Employers
- Previous year Tax Payment < Rs.50000/-: Annually
- Previous year Tax Payment > Rs.50000/-: Monthly
- New Registration: Monthly
11) Time Limit for Payment of Assessment Dues
The amount of tax so assessed shall be paid within fifteen (15) days of receipt of the notice of demand from the prescribed authority.
12) Appeal Time Limit
A Profession Tax appeal can be filed within 60 days from the date of receipt of the notice of demand. Provided that the appellate authority may admit the appeal after the expiry of the above period if he is satisfied that there was sufficient cause for the delay.
13) Help Desk
Employers/Professionals/Persons having any sort of queries/problems/suggestions in this respect may contact via Email Id: [Email Removed For Privacy Reasons]
Regards,
From India, Mumbai
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25841) Profession Tax E-Enrollment
The 3rd proviso to Sec 3(2) is inserted from 01.05.2012. It states that a person who is liable to pay tax and has remained un-enrolled; then, his liability to pay tax under this section for the periods for which he has remained so un-enrolled shall not exceed eight years from the end of the year immediately preceding the year in which he has obtained the enrollment certificate or the year in which the proceeding for enrollment is initiated against him, whichever is earlier.
2) Rate of Interest
Under the composition scheme of Profession Tax, the interest is Rs. 200/- per month, whereas in a normal case, interest up to 30.06.04 is 2% per month. From 01.07.04, it is 1.25% per month.
3) E Return
Filing of E Return for Employers is made mandatory with effect from 01-Aug-2011 in Form IIIB.
(As per Trade Circular 1T 2012).
4) New Number
Employers registered before 22nd July 2007 having an old PTRC number can get a new PT number automatically by e-enrolling on mahavat.gov.in. Those who are registered from 22.07.07 have already been granted a new PTRC number.
5) Multiple Place of Business Registration
If a dealer has multiple places of business falling in different jurisdictions of the Sales Tax Office, they will have to get a PTRC number for each such premises/branch/place. If the place of business falls in the same jurisdiction, then only one PTRC number should be taken.
6) Requirement of TAN
For obtaining a Registration Certificate (PTRC) for the principal place of business within the state of Maharashtra, mentioning of TAN is optional. However, if an employer is applying for Registration Certificates for places other than his principal place of business in the state of Maharashtra, then he should also enter the TAN number of that other location for which he is making an application.
(Trade Circular 5 T of 2012)
7) Exemption from E Registration
E Registration is mandatory for all persons except for holders of a permit for transport vehicles covered under Entry No.13 of Schedule I of the Profession Tax Act granted under the Motor Vehicles Act 1988. Such persons should directly approach the concerned RTO for an Enrollment certificate.
8) E-Payment
With effect from 01-July-2012, every employer holding a Profession Tax Registration Certificate (PTRC) shall pay tax, interest, penalty, or any amount due and payable by or under the said act electronically.
(Notification Dated 14-06-2012)
9) Assessment
a) Where all the returns are filed by the employer for any year starting on or after 1st April 2004 within one month from the end of the year to which such returns relate, no order of assessment under the provisos to sub-section (2) in respect of that year shall be made after the expiry of three years from the end of the said year; and if for any reason such order is not made within the period aforesaid, then the returns so filed shall be deemed to have been accepted as correct and complete for assessing the tax due from such employer. If returns are not filed within time, then the time limit for assessment is 8 years.
b) In the case of returns pertaining to the years on or before 31st March 2004, and filed on or before 30th September 2004, no order of assessment shall be made under the provisos to sub-section (2) on or after 1st April 2007.
10) Return Periodicity for Employers
- Previous year Tax Payment < Rs.50000/-: Annually
- Previous year Tax Payment > Rs.50000/-: Monthly
- New Registration: Monthly
11) Time Limit for Payment of Assessment Dues
The amount of tax so assessed shall be paid within fifteen (15) days of receipt of the notice of demand from the prescribed authority.
12) Appeal Time Limit
A Profession Tax appeal can be filed within 60 days from the date of receipt of the notice of demand. Provided that the appellate authority may admit the appeal after the expiry of the above period if he is satisfied that there was sufficient cause for the delay.
13) Help Desk
Employers/Professionals/Persons having any sort of queries/problems/suggestions in this respect may contact via Email Id: [Email Removed For Privacy Reasons]
Regards,
From India, Mumbai
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thank you very much Mr keshav. I have one query PT related. Recently I saw " PT information form" and PT information form upload option in mahavat site. What is all about this form and its upload?
From India, Virar
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From India, Virar
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Thanks for the info, but I need clarification. I have a corporate office in Bangalore and 10 branches in Mumbai. Do I have to pay Rs. 2500/- as Employer PT for each branch (Rs. 25,000 total) or Rs. 2500 for all the branches? Please clarify.
From India, Madurai
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From India, Madurai
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HI ALL, KINDLY LET ME KNOW HOW TO UPLOAD THE FORM III-B, EVERYTIME I AM GETTING THE ERROR. With Regards, Renuka I. Teli 9738557189
From India, Bijapur
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From India, Bijapur
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(Fact Checked)-[Correct response provided. Thank you for your input and engagement. Keep up the good work!] (1 Acknowledge point)
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Can someone guide me on generating a PT return for Maharashtra? I tried uploading and validating Form III, but it displays the following errors:
RETURN ANNEXURES ERRORS REPORT
Sr No. Line Number Box Number Error Description
1 0 0 Upload file is not proper, please check Wrong Version FORM_IIIB
2 0 0 File is not uploaded successfully due to errors shown << FORM-IIIB-Rem.txt >>>
Kindly help, this is a little urgent.
Regards,
Anirudh B
From India, Bengaluru
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RETURN ANNEXURES ERRORS REPORT
Sr No. Line Number Box Number Error Description
1 0 0 Upload file is not proper, please check Wrong Version FORM_IIIB
2 0 0 File is not uploaded successfully due to errors shown << FORM-IIIB-Rem.txt >>>
Kindly help, this is a little urgent.
Regards,
Anirudh B
From India, Bengaluru
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Professional Tax Slabs applicable in Maharashtra.doc x
Professional Tax.zip
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(Fact Checked)-The PT Information Form and its upload option on the Mahavat site are for filing Profession Tax details. It's a part of the e-filing process for PT returns. (1 Acknowledge point)