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[Cites 0, Cited by 1] [Section 3] [Entire Act]

State of Maharashtra - Subsection

Section 3(4) in The Maharashtra Value Added Tax Act, 2002

(4)For the purposes of this section, the limits of [turnover] [These words were substituted for the words 'turnover of sales' by Maharashtra 8 of 2012, Section 19(3), (w.e.f. 1-5-2012).] shall be as follows:-
(a) Limit of[turnover] [These words were substituted for the words 'turnover of sales' by Maharashtra 8 of 2012, section 19(3), (w.e.f. 1-5-2012).]Rs. 1,00,000 –   In the case of a dealer, who is an importer, andthe value of taxable goods sold or purchased by him during theyear is not less than Rs. 10,000.
(b) [Limit of[turnover] [These words, letter and figures were substituted by Maharashtra 14 of 2005 (w.e.f. 1-4-2005), section 3(4).]Rs. 5,00,000] –   In any other case, where the value of taxablegoods sold or purchased by him during the years is not less thanrs. 10,000.