paid by the assessee under
Maharashtra Value Added Tax, 2002 (in short ― MVAT Act, 2002 ), as is
alleged by the AO in its assessment order ... paid as interest u/s.
30(2) and 30(4) of the MVAT Act , 2002 . It was submitted that the AO
mistook the same
addition of Rs.62,41972/- by giving a finding that
VAT/MVAT netted sales figure is reconciled on the basis of
working ... that the aforesaid
differential in figures in sales is on account of MVAT/CST collected by the
assessee which was although part of the sales
paper book. The assessee has also submitted the
MVAT Challan which lies at page no. 159 of the paper book. The
assessee has also furnished ... paper book. The assessee has also
submitted the MVAT challan which lies at page no. 342-344 of
the paper book. The assessee has also
action of the learned Assessing Officer [Ld AO] of not allowing MVAT of
Rs 16,88,815 which was not due for payment till ... date of filing of income
tax return.
2. Appellant collects MVAT along with the instalments due against the sale
of flats. However, agreements is made
action of the learned Assessing Officer [Ld AO] of not allowing MVAT of
Rs 16,88,815 which was not due for payment till ... date of filing of income
tax return.
2. Appellant collects MVAT along with the instalments due against the sale
of flats. However, agreements is made
Sales (Jewellery) 1,92,688.00 Cr
Mvat Sales 1.20% 2,312.00 Cr
Being Jewellery Sales
Pendant-8585(1)
8585(1)
Diamond 0.43 Cts,
Pearls ... Sales (Jewellery) 1,95,652.00 Cr
Mvat Sales 1.20% 2,348.00 Cr
Being cash Jewellery
Sales Pendant-
Pendant PD
Bina Goenka The Jeweller
considered by Assessing Officer as to be 'bogus' based on
MVAT' list and providing a show cause for not considering transactions with ... follows:
"(i) AO has referred to the list placed by the MVAT Department on their site
listing the names of parties who are considered
business
purchased and received the steel bars from M/s. Atul Traders
(MVAT TIN No. 27220377351V & PAN No. AAJPS1099L).
• The above mentioned purchases ... 4313/Mum/2015
M/s. Avcon Controls P. Ltd)
(MVAT TIN No. 27220377351V & PAN No. AAJPS1099L) on various
dates which is used
appellant to have
claimed double deduction of the same amount of
MVAT in A.Y. 2008-09 and A.Y. 2009-10. which ... held a belief that the assessee has
claimed double deduction under MVAT amount of ₹ 8,44,691/- in AY
2008-09 as well
assessee relates to addition of Rs.2,51,810/- on
account of MVAT refund.
3. We have considered rival contentions and found that assessee ... assessee had shown less purchases in
trading account to the extent of MVAT. Similarly sales were also shown without
including the amount of MVAT
