Maharashtra Goods and Services Tax (Seventh Amendment) Rules, 2020 - 50/2020–State Tax - Maharashtra SGST

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya Mumbai 400 032, dated the 1st July 2020. NOTIFICATION Notification No. 50/2020 State Tax MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017. No. GST-1020 / C.R.68 / Taxation-1 . In exercise of the powers conferred by section 164 of the Maharashtra Goods and Services Tax Act, 2017(Mah. XLIII of 2017), the Maharashtra Government hereby makes the following rules further to amend the Maharashtra Goods and Services Tax Rules, 2017, namely : 1. (1) These rules may be called the Maharashtra Goods and Services Tax (Seventh Amendment) Rules, 2020. (2) They shall come into force on 1st day of April, 2020. 2. In the Maharashtra Goods and Services Tax Rules, 2017, in rule 7, for the Table, the following Table shall be substituted, namely : TABLE Sr. No. Section under which composition levy is opted Category of registered persons Rate of tax (1) (2) (3) (4) 1. Sub-sections (1) and (2) of section 10 Manufacturers, other than manufacturers of such goods as may be notified by the Government half percent. of the turnover in the State. 2. Sub-sections (1) and (2) of section 10 Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II two and a half percent. of the turnover in the State. 3. Sub-sections (1) and (2) of section 10 Any other supplier eligible for composition levy under subsections (1) and (2) of section 10 half per cent. of the turnover of taxable supplies of goods and services in the State. 4. Sub-section (2A) of section 10 Registered persons not eligible under the composition levy under sub-sections (1) and (2), but eligible to opt to pay tax under sub-section (2A), of section 10 three percent. of the turnover of taxable supplies of goods and services in the State. By order and in the name of the Governor of Maharashtra, J. V. DIPTE, Deputy Secretary to Government. Note . The principal rules were published in the Maharashtra Government Gazette, Extraordinary No. 170, Part IV-B, dated 22nd June, 2017, vide Notification No. MGST-1017/C.R.90/Taxation-1, dated 22nd June, 2017 and were last amended vide Finance Department Notification No. GST-1020/C.R 48/Taxation-1, dated 13th May, 2020 [Notification No. 38/2020-State Tax] which was published in the Maharashtra Government Gazette, Extraordinary No. 109, Part-IV-B, dated 13th May 2020.