MGST ActMaharashtra2017
The Maharashtra Goods and Services Tax Act, 2017
An Act to make provisions for levy and collection of tax on intra-State supply of goods or, services or, both in the State of Maharashtra and the matters connected therewith or incidental thereto.
Act No. 43 of 2017
- Sections
- 187
- Chapters
- 16
- Classified offences
- 3
Contents
IPreliminary§ 1–22 sections
IVTime and Value of Supply§ 12–154 sections
VInput Tax Credit§ 16–216 sections
- 16Eligibility And Conditions For Taking Input Tax Credit
- 17Apportionment of credit and blocked credits
- 18Availability of credit in special circumstances
- 19Taking input tax credit in respect of inputs and capital goods sent for job work
- 20Manner of distribution of credit by Input Service Distributor
- 21Manner of recovery of credit distributed in excess
VIRegistration§ 22–309 sections
- 22Persons liable for registration
- 23Persons not liable for registration
- 24Compulsory registration in certain cases
- 25Procedure for registration
- 26Deemed registration
- 27Special provisions relating to casual taxable person and non-resident taxable person
- 28Amendment of registration
- 29Cancellation [suspension] [Inserted by Maharashtra Act No. 67 of 2018, dated 14.12.2018.] of registration
- 30Revocation of cancellation of registration
VIITax Invoice, Credit and Debit Notes§ 31–345 sections
VIIIAccounts and Records§ 35–6434 sections
- 35Accounts and other Records
- 36Period of Retention of Accounts
- 37Furnishing details of outward supplies
- 38Furnishing details of inward supplies
- 39Furnishing of returns
- 40First Return
- 41Claim of input tax credit and provisional acceptance thereof
- 42Matching, reversal and reclaim of input tax credit
- 43Matching, reversal and reclaim of reduction in output tax liability
- 43A[ Procedure for furnishing return and availing input tax credit. [Inserted by Maharashtra Act No. 67 of 2018, dated 14.12.2018.]
- 44Annual return
- 45Final return
- 46Notice to return defaulters
- 47Levy of late fee
- 48Goods and services tax practitioners
- 49Payment of tax, interest, penalty and other amounts
- 49A[ Utilisation of input tax credit subject to certain conditions. [Inserted by Maharashtra Act No. 67 of 2018, dated 14.12.2018.]
- 49BOrder of utilization of input tax credit
- 50Interest on delayed payment of tax
- 51Tax deduction at source
- 52Collection of tax at source
- 53Transfer of input tax credit
- 53ATransfer of certain amounts
- 54Refund of tax
- 55Refund in certain cases
- 56Interest on delayed refunds
- 57Consumer Welfare Fund
- 58Utilisation of Fund
- 59Self-assessment
- 60Provisional assessment
- 61Scrutiny of returns
- 62Assessment of non-filers of returns
- 63Assessment of unregistered persons
- 64Summary assessment in certain special cases
XIIIAudit§ 65–662 sections
XIVInspection, Search, Seizure and Arrest§ 67–726 sections
XVDemands and Recovery§ 73–8413 sections
- 73Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any wilful misstatement or suppression of facts
- 74Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud or any wilful misstatement or suppression of facts
- 74ADetermination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason pertaining to Financial year 2024-2025 onward
- 75General provisions relating to determination of tax
- 76Tax collected but not paid to Government
- 77Tax wrongfully collected and paid to Central Government or State Government
- 78Initiation of recovery proceedings
- 79Recovery of tax
- 80Payment of tax and other amount in instalments
- 81Transfer of property to be void in certain cases
- 82Tax to be first charge on property
- 83Provisional attachment to protect revenue in certain cases
- 84Continuation and validation of certain recovery proceedings
XVILiability to Pay in Certain Cases§ 85–9410 sections
- 85Liability in case of transfer of business
- 86Liability of agent and principal
- 87Liability in case of amalgamation or merger of companies
- 88Liability in case of company in liquidation
- 89Liability of directors of private company
- 90Liability of partners of firm to pay tax
- 91Liability of guardians, trustees, etc
- 92Liability of Court of Wards, etc
- 93Special provisions regarding liability to pay tax, interest or penalty in certain cases
- 94Liability in other cases
XVIIAdvance Ruling§ 95–12127 sections
- 95Definitions
- 96Constitution of Authority for Advance Ruling
- 97Application for advance ruling
- 98Procedure on receipt of application
- 99Constitution of Appellate Authority for Advance Ruling
- 100Appeal to the Appellate Authority
- 101Orders of Appellate Authority
- 102Rectification of advance ruling
- 103Applicability of advance ruling
- 104Advance ruling to be void in certain circumstances
- 105Powers of Authority and Appellate Authority
- 106Procedure of Authority and Appellate Authority
- 107Appeals to Appellate Authority
- 108Powers of Revisional Authority
- 109Appellate Tribunal and Benches thereof
- 110President and Members of Appellate Tribunal, their qualification, appointment, conditions of service, etc
- 111Procedure before Appellate Tribunal
- 112Appeals to Appellate Tribunal
- 113Orders of Appellate Tribunal
- 114Financial and administrative powers of State President
- 115Interest on refund of amount paid for admission of appeal
- 116Appearance by authorised representative
- 117Appeal to High Court
- 118Appeal to Supreme Court
- 119Sums due to be paid notwithstanding appeal, etc
- 120Appeal not to be filed in certain cases
- 121Non-appealable decisions and orders
XIXOffences and Penalties§ 122–13820 sections
- 122Penalty for certain offences
- 122APenalty for failure to register certain machines used in manufacture of goods as per special procedure
- 122BPenalty for failure to comply with track and trace mechanism
- 123Penalty for failure to furnish information return
- 124Fine for failure to furnish statistics
- 125General penalty
- 126General disciplines related to penalty
- 127Power to impose penalty in certain cases
- 128Power to waive penalty or fee or both
- 128AWaiver of interest or penalty or both relating to demands raised under section 73 for certain tax periods
- 129Detention, seizure and release of goods and conveyances in transit
- 130Confiscation of goods or conveyances and levy of penalty
- 131Confiscation or penalty not to interfere with other punishments
- 132Punishment for certain offences
- 133Liability of officers and certain other persons
- 134Cognizance of offences
- 135Presumption of culpable mental state
- 136Relevancy of statements under certain circumstances
- 137Offences by Companies
- 138Compounding of offences
XXTransitional Provisions§ 139–1424 sections
XXIMiscellaneous§ 143–17435 sections
- 143Job-work Procedure
- 144Presumption as to documents in certain cases
- 145Admissibility of micro films, facsimile copies of documents and computer printouts as documents and as evidence
- 146Common Portal
- 147Deemed Exports
- 148Special procedure for certain processes
- 148ATrack and trace mechanism for certain goods
- 149Goods and services tax compliance rating
- 150Obligation to furnish information return
- 151Power to collect statistics
- 152Bar on disclosure of information
- 153Taking assistance from an expert
- 154Power to take samples
- 155Burden of proof
- 156Persons deemed to be public servants
- 157Protection of action taken under this Act
- 158Disclosure of information by a public servant
- 158AConsent based sharing of information furnished by taxable person
- 159Publication of information in respect of persons in certain cases
- 160Assessment proceedings, etc. not to be invalid on certain grounds
- 161Rectification of errors apparent on the face of record
- 162Bar on jurisdiction of civil courts
- 163Levy of fee
- 164Power of Government to make rules
- 165Power to make regulations
- 166Laying of rules, regulations and notifications
- 167Delegation of powers
- 168Power to issue instructions or directions
- 168APower of Government to extend time limit in special circumstances
- 169Service of notice in certain circumstances
- 170Rounding off of tax, etc
- 171Antiprofiteering measure
- 172Removal of difficulties
- 173Repeals
- 174Savings