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Body Notifciation No. VAT-1507/CR-70/Taxation-1. - Dated 21st February 2008.

In exercise of the powers conferred by sub-section (3C) of section 8 of the Maharashtra Value Added Tax Act, 2002 (Mah.IX of 2005), the Government of Maharashtra hereby exempts fully from payment of tax with effect from the 1st April 2005, the transfer of property in goods, involved in the processing of textile, specified in the column (1) of the Schedule appended hereto, subject to the conditions, exceptions and restrictions specified in column (2) of the said schedule.

SCHEDULE

Goods in which property is transferred Conditions, restrictions and exceptions
1 2
Goods in respect of which the property get transferred on or after the 1st April 2005 while executing a contract for processing of textiles. 1) The said goods are consumed or used in such processing.

2) The processed textiles are covered from time to time, under the description of goods provided in column (3) of the First Schedule to the Additional Duties of Excise (Goods of Special Importance Act, 1957).

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