Amendment of section 30 of Mah. IX of 2005

In section 30 of the Value Added Tax Act, in sub-section (2), after the proviso, the following proviso shall be added, namely:— “ Provided further that, in case a dealer files an annual revised return, as provided under clause

1. (b) or, as the case may be, clause
2. (c) of sub-section

1. (4) of section 20, then the interest shall be payable on the excess amount of tax, as per such annual revised return, from the dates mentioned in column
2. (2) of the Table, till the date of payment of such excess amount of tax. TABLE

Registration status in the year for which annual revised return is filed Interest to be computed from

1. (1) (2)
   • (a) Dealer, holding certificate of registration for whole year. 1st October of the year, to which the annual revised return relates.
   • (b) Certificate of registration granted, effective from any date up to the 30th September of the year to which revised return relates. 1st October of the year, to which the annual revised return relates.
   • (c) Certificate of registration cancelled, effective on any date after the 30th September of the year to which revised return relates. 1st October of the year, to which the annual revised return relates.
   • (d) Certificate of registration granted, effective from any date after the 30th September of the year to which revised return relates. effective date of registration.
   • (e) Certificate of registration cancelled, effective on any date prior to the 30th September of the year to which revised return relates. effective date of cancellation of registration.”.