• Kandivali West Mumbai 400067, India
  • 02246022657
  • facelesscompliance@gmail.com

PROFESSIONAL TAX

You are here: Home / Posts Tagged "PROFESSIONAL TAX"

Tag: PROFESSIONAL TAX

Standard

Now Company will get Professional Tax Number at the time of Incorporation

Now Company will get Professional Tax Number at the time of Incorporation

Ordinance to amend Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 issued by the Maharashtra Finance Department

The Maharashtra Finance Department on July 22, 2020 issued the Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Ordinance, 2020 to further amend Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975. Let us first understand what do you actually mean by profession tax to understand this ordinance better.

What do you mean by Professional Tax?

Profession tax is an indirect tax levied and collected by the state governments in India. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, lawyer, doctor etc. are required to pay this professional tax. Different states have different rates and methods of collection. 

What is the rate of Professional Tax?

Professional tax being levied by the State Government is different in different states. Every state has its own laws and regulations to govern professional tax of that particular state. However, all the states follow the slab system based on the income to levy professional tax. Article 276 of the Constitution which empowers the State Government to levy professional tax also has provided for a maximum cap of Rs 2,500 beyond which professional tax cannot be charged on any person.

In Maharashtra, profession tax is governed under the Maharashtra State Tax on Professions, Traders Callings and Employments Act 1975. 

Who is liable to pay Profession Tax in the State of Maharashtra?

Any person who is engaged in any profession, Trade, callings and employment in the State of Maharashtra is liable to pay Profession Tax. A person includes Hindu undivided family, firm, company, corporation or other corporate body, any society, club or association.

Subscribe to Whats App Updates

Enter your email address:

Subscribe to faceless complainces

What certificates are required to be obtained under the Maharashtra State Tax on Professions, Traders Callings and Employments Act 1975?

Following two certificates are required to be obtained under this Act:-

  • Profession Tax Enrollment Certificate (PTEC) – This certificate should be obtained by every person except firms and HUF’s engaged actively or otherwise in any profession, trade callings or employment and falling under any of the classes mentioned in the schedule I of the Act
  • Profession Tax Registration Certificate (PTRC) – This certificate should be obtained by every person including firms and HUF, having employees.

How is profession tax charged under the Maharashtra State Tax on Professions, Traders Callings and Employments Act 1975?

Present Slabs Rates of Profession Tax under the Maharashtra State Tax on Professions, Traders Callings and Employments Act 1975 are:-

  • Profession Tax Enrollment Certificate – Rs.2500 every year
  • Profession Tax Registration Certificate:-
  • For Male Employees

Drawing Gross Salary less than Rs.7500/- — NIL

Gross Salary Rs.7501/- to Rs.10,000/- — Rs.175/-

Gross Salary Rs.10,001/- and above — Rs.200/- (Rs.300 in month of February)

  • For Female Employees

Drawing Gross Salary less than Rs.10,000/- — NIL

Gross Salary Rs.10,001/- and above — Rs.200/- (Rs.300 in month of February)

  • A maximum of Rs.2500/- is payable for the entire year and not more.
  • A director, partner who is supposed to take enrollment certificate and pay Rs.2500 is required to pay once only and not separately for each company or firm in which he is a director and / or partner.
  • Similarly, if an employee is paying profession tax in one company he/she is not supposed to pay profession tax if he/she has a separate business or profession.

Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Ordinance, 2020

The ordinance has made the following amendments in the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975:-

  • In Section 5, a new sub-section 3A has been inserted which specifies the guidelines for obtaining registration certificate under this Act
  • According to Section 5(3A), “Notwithstanding anything contained in this section, a company, which has been incorporated under the provisions of the Companies Act, 2013, after the date of commencement of the Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Ordinance, 2020, shall at the time of its incorporation, obtain the certificate of enrolment and certificate of registration under this Act”. 
  • In Section 6(1), a new proviso has been inserted which specifies the details regarding the showcase of filing of tax returns stating that the employer registered under Section 5(3A), after the commencement of his liability to pay tax, furnish to the prescribed authority, a return in such form, for such period and by such dates as may be prescribed.

Ordinance to facilitate Ease of Doing Business

“Ease of Doing Business” forms part of the “Make in India” initiative of the Government of India. India has recorded continuous improvement in its ease of doing business ranking issued by the World Bank on account of steps taken by the government in this regard.

Under the initiative of Ease of Doing Business, the Government of India has directed to the Ministry of Corporate Affairs and State Government, to integrate the registration process under the Profession Tax Act with the incorporation and registration of a company under the provisions of the Companies Act, 2013, so that such a company should automatically be allotted the enrollment certificate and registration certificate under the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975.

Subscribe to Whats App Updates

Enter your email address:

Subscribe to faceless complainces

Standard

Latest Process for Paying Tax, Filing Returns, Due dates for PTRC in Maharashtra Download PTRC Periodicity FY 2020-21

Latest Process for Paying Tax, Filing Returns, Due dates for PTRC in Maharashtra & Download PTRC Periodicity FY 2020-21 from April 2020 FY 2020-21

Update as on 22 June 2020

PTRC Return Filling Notification Return for any period upto the month of June 2020 extended to 31st July 2020

PTRC 31 JULY EXTENDED MAHARASHTRA
PTRC 31 JULY EXTENDED MAHARASHTRA

Update as on 1 May 2020

As per circular no. 06 T of 2020 dated 30/04/2020 the government has waived off the late fees for the financial year 2019-20 provided the employer:

  1. Pays the PTRC liability as per return and should have been paid the same before filing the return and
  2. The employer should submit the return pertaining to any period up to March 2020 on or before 31 May 2020

What is PTRC under The Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975?

PTRC stands for Profession Tax Registration Certificate. Every Employer has to deduct profession tax from the salary of the employee and deposit the same in the government treasury as per Rule and The Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975. An entity (Sole Proprietor, Partnership, LLP, Company or any other legal entity) is compulsorily liable to obtain PTRC registration, if it pays salary to any Male employee of more than Rs 7500/- per month or pays salary to Female employee of Rs 10,000/- per month of the employee arises if the total salary of the employee is more than Rs. 7,500.

What is the rate at which the employer must deduct the profession tax of an employee as per Rule and The Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 ?

Amount of Profession tax to be deducted to be deducted by the employer is as follows:

Sr. No.Amount of Salary of employee (per month)Rate of Tax
 1Upto Rs. 7,500No Tax
 2Male Employee Salary more than Rs 7500/- but less than Rs 10,000/-Rs. 175 per month
 3Female Employee Salary upto Rs 10,000/-No Tax
 4Any Employee Male or Female Earning more than Rs 10,000/-Rs. 2,500 Per Annum (Rs. 300 for the month of February and Rs. 200 for other months)

Due date of payment and filing of return under PTRC For Financial Year 2019-20 and Financial Year 2020-21

The following is the summary for due date for making payment and filing return under PTRC:

Amount of PTRC liability for the FY 2019-20Due Date and Type of Return
First Year of RegistrationMonthly returns before last day of month
Less than Rs. 50,000On or before 31st March of the Year for which the return relates (Yearly return)
More than Rs. 50,000 On or before the last date of the month to which the return relates (Monthly return)

As per section In case the employer fails to file the return within the due date then the employer is liable to pay late fee of Rs. 1,000 before filing the return.

As per circular no. 04 T of 2020 dated 19/03/2020 the government has waived off the late fees for the financial year 2019-20 provided the employer:

  1. Pays the PTRC liability as per return and should have been paid the same before filing the return and
  2. The employer should submit the return pertaining to any period up to March 2020 on or before 30th April 2020

Further as the lockdown because of COVID-19 is extended till 3 May 2020, there are expectation of dealers to further extend the deadline

Amount of PTRC liability for the FY 2020-21Due Date and Type of Return
First Year of RegistrationMonthly returns before last day of month
Less than Rs. 1,00,000*On or before 31st March of the Year for which the return relates (Yearly return)
More than Rs. 100,000* On or before the last date of the month to which the return relates (Monthly return)

*From FY 2020-21as per circular dated 6th June 2019 the limit has revised to Rs 1,00,000

The due date of payment and filing of PTRC return depends on the PTRC liability of the entity for the Previous Year. Where the employers PTRC liability for the previous year is less than Rs. 1,00,000 from FY 2020-21 then the entity is liable to pay the PTRC payment and file the return on or before 31st March of the year for which the return relates. For E.g Return for FY 2020-21 shall be furnish on or before 31st March 2021 if total liability in previous year was less than Rs 1,00,000/- . In this case return shall be filed yearly.

Where the employers PTRC liability for the previous year is More than Rs. 1,00,000 then the entity is liable to pay the PTRC payment and file the return at the end of the immediate next month i.e. at the end of next month. For e.g. Return for Month of April 2020 shall be furnish on or before 30th May 2020. In this case return shall be filed monthly.

Download PTRC return filling periodicity list for F.Y. 2020-21. PTRC holders should file the return as per their periodicity for Financial Year 2020-21

Download PTRC periodicity for Financial Year 2020-21 Click on Download button belowDownload

Late fees and Interest under the PTRC Maharashtra

ParticularsAmount
Late fees on late filing of PTRC returnRs. 1000
Interest on failure to deduct profession taxInterest at 1.25% of PTRC liability per month till the default continues

Interest on failure to deduct profession tax

As per section 9(2) of the PTRC act 1975, if an employer who is liable to pay PTRC under the act, fails to pay the same to the government then he is liable to pay simple interest at the rate of 1.25% each month for the period for which the tax remains unpaid.

Late fees on late filing of return

As per section 6 of the PTRC act 1975, In case the employer fails to file the return within the due date then the employer is liable to pay late fee of Rs. 1,000 before filing the return.

Subscribe to Whats App Update Click Here

Under Stand with Example the Liability of PTRC

For instance, Mr. X is employer running business having current employed 5 persons consisting of 3 Male and 2 female employees having monthly salary of Rs. 15000 per month each for 2 Male employees, 1 male having salary of Rs. 9000 per month and Rs. 15000 for 1 female employee and Rs. 9500 for the other female employee. In the same financial year Mr. X has hired 1 male accountant in the month of October 2019 salary paid is Rs. 12,000 per month. Let us calculate the PTRC liability of Mr. X for FY 2019-20

  • Calculation of PTRC for Male employees with salary less than Rs. 7500 but not more than Rs. 10,000:

Only 1 employee is paid salary of less than 10000 the PTRC liability shall be as follows: = (175*12) = 2,100

  • Calculation of PTRC for employees with salary more than Rs. 10,000:

In the above case 4 employees are getting salary of more than Rs. 10,000 but one of the employee is employed from October 2019 which will be calculated as below:

  1. The PTRC for 3 employees shall be as follows: [(200*11) + 300] X 3 = 7,500
  2. The PTRC for 1 employees shall be as follows: (200*5) + 300 = 1,300

Total PTRC liability of 4 employees shall be (a + b) = 7500 + 1300= 8,800

So, total PTRC liability of Mr. X is Rs. 10,900 (1 + 2)

Procedure for PTRC return from FY 2020-21

The Procedure of PTRC return can be summarized in 3 stages:

  1. Calculation of PTRC liability
  2. Payment of PTRC fees via MTR form no 6
  3. Preparation of PTRC return and filing online FORM_IIIA

Further in the article we will learn how to perform the above procedure.

Procedure for payment of PTRC online MTR form no 6

Step 1: Go to www.mahagst.gov.in

Step 2: Click on “Menu” button. Click on Menu button on the upper left side of the page, you will be able to see “E-payment” as below.

Step 3: Click on“E- Payment – Returns” in E-payment tab.

Enter the TIN/PAN of the entity enter captcha and click on next, You will be redirected to payment details:

Step 4: Enter payment details as below:

  1. Select act as “PTRC act” the form ID will be automatically selected as “FORM_IIIB”
  2. Financial year as FY 2019-20
  3. Select Period and Enter Amount

While making PTRC payment, in period dropdown, select succeeding month of the month to which salary pertains. E.g. select June in the period dropdown to deposit PT deducted from the salary of May.

  • Select Location and Enter mobile number

And click on “Proceed for Payment” button

Step 5: Payment of PTRC fees:

  • Click on Agree terms and conditions check box
  • Select payment gateway as “Banks supported by GRAS” and click on Proceed

You will be redirected to MTR form no 6.

Click on “Make payment” button

You will be directed to select bank and make payment gateway

Step 6: Final Payment of PTRC fees

“Select the Bank” and Enter captcha

Select and “Agree the terms and conditions” check box

Click on “Proceed for Payment” button. You will be redirected to Bank website Enter the credentials and make payment After making the payment save the challan for return and record purpose.

PTRC FORM_IIIA and details required for preparing PTRC return:

PTRC return is to be filed in FORM_IIIA. The following is the procedure for downloading the form:

Step 1: Go to www.mahagst.gov.in

Step 2: Click on “Menu” button

Click on “Downloads” tab and select the option “Forms”

It will redirect to forms list.

Now select “The Maharashtra State tax on Professions, Trades, Callings and Employments Act, 1975” under the heading “VAT and other acts”

Select and download “Form III(B)” under e- returns Forms

A zip file will be downloaded. Go to download folder and unzip the file

A “FORM-IIIB -V-1.0.000.csi” file will be generated. Open the file which will be as follows:

Click on “enable editing” after which you will be able to edit the file.

The form will ask the following details:

  1. PTRC registration number
  2. Select whether first return of the entity?
  3. Whether last return of the entity?
  4. Mobile no of the authorized person
  5. Type of return: whether original return or revised return
  6. Financial year for which return is to be filed
  7. Select the period for which the return is to be filed whether monthly or yearly
  8. Enter the no of employees whose salary is paid for each month from March to February. For e.g. if 5 employees are paid salary is paid for the month of April then no of employees for the month of April shall be 5.
  9. PTRC Challan details like Challan no, Amount paid through challan, Payment date, Name of the Bank and Branch details
  10. Name of authorized person, Designation and Email Id of the authorized person

After all details are entered click on “Press to Validate” button, which will throw the errors made in the Form in the “Form_ IIIB_ ERRORS” sheet. If all the fields are proper then xml will get generated which need to be uploaded on the Mahagst portal (the procedure for which is explained below).

Steps to file PTRC return Form_ IIIB online

The following is the steps to file PTRC return online:

Step 1: Go to www.mahagst.gov.in

Step 2: Click on “Menu” button

Click on Menu button on the upper left side of the page, you will be able to see “Login for e-Services” as above.

Step 3: Click on ‘’ Log in for VAT & Allied Acts” in Log in for e-Services

Enter your Login credentials and click on Log on

Step 4: Returns

Now Click on “Returns” from the menu which will redirect you to return filing homepage.

Step 5: Now click on“Return Submission Other Than VAT/CST (From 1st April 2016)” option. It will redirect you to select the return type.

Step 6: Select “PTRC act” from the drop down. Based on your selection “Form IIIB” will appear by default and click on “NEXT” button in the bottom it will redirect to Type of return statement page

Step 7: Select Statement Type from Dropdown as “Original” and click on “Next” button it will redirect to “Period of Return” page

Step 8: On selecting the return period you will be shown all unfiled periods and Click on “Next”, it will redirect to upload new file. You will be asked to upload New File. Click on ‘’Yes’’ button

Click on “Yes” to upload new file. It will redirect to file uploading page.

Step 9: Click on “Browse” and select the .txt file generated on your desktop from the Return template. Uploading “.txt” file name should match with your TIN, Form and Period. Click on “Open” to upload the file. Click on “Upload File”.

After click on “Upload File”, it will redirect to draft return page. Click on “Yes” to upload a new .txt file OR Click No to continue, it will redirect to “Submit” Screen. Note: The System will display the Draft Return before submission

  • Before submitting the Return, you can click on, “Form IIIB” to view the Draft Return.
  • You can review or download Draft Return.
  • Check the input is given by you in Return template and compare with Draft Return then click on “Submit” button

Step 10: Click on “Yes”

Click on “Yes” to confirm the submission. You will redirect to acknowledgement message screen.

  1. Once your Return is submitted successfully, Return Submission Acknowledgement will be displayed on the screen.
  2. Return PDF and Acknowledgement will be sent to you on your e-mail id provided in Return template
  3. SMS will be sent on your mobile number provided in the Return template.

Step 11: Click on “Download Return” button to view the Return pdf.

Incase you require professional services or have query drop email at info@facelesscompliance.com

Subscribe to Whats App Update

Standard

Step Wise Process to Register in PTEC and PTRC in Maharashtra

Process to Register in Professional Tax Enrollment Certificate and for Professional Tax Registration Certificate in Maharashtra

All Business & Professionals who are registered in GST in Maharashtra as a taxpayers have started to receive Notice and Intimation to Register and pay Professional Tax as per Professional Tax Act applicable in Maharashtra. Recently Maharashtra Government has changed the law and made it applicable to Limited Liability Partnership and Partners as well

What is PTEC and PTRC?

PTEC stands for Professional Tax Enrollment Certificate and PTRC stands for Professional Tax Registration Certificate. Usually these Registration are required to conduct business in Maharashtra and in many other States. PTEC allows to pay professional tax of a business entity and also of the professional or owner of the business. In other words PTEC allows the company to pay the companies and their director’s professional tax, also in case of individual like professionals and sole proprietor (provided he does not have any employees) all have to register under PTEC. On the other hand PTRC allows the employer to deduct and deposit professional taxfrom the salary of its employees and deposit it to government. Both PTEC and PTRC are required by a regular company to pay its own professional tax, as well as the professional tax for all its employees  as is applicable. But, in case the Company and LLP does not have any payable employee then it will only require to pay PTEC and not PTRC and pay for Directors and Partners

Applicability of PTEC and PTRC:

Applicability of PTEC: Every person who is engaged in any profession (business or service) excluding that of Partnership firm or HUF is liable to pay a profession tax of Rs. 2,500/- p.a. with the government every year after the incorporation or commencement of business. ( LLP and All Companies are covered)

Applicability of PTRC: This certificate is to be obtain by every person who is liable to deduct profession tax of any employee whose monthly salary is above Rs. 7,500/- in Maharashtra

The Certificate of PTEC or PTRC is to be applied by a person within Thirty days from the date he is liable to pay Professional tax.

Following is the step wise registration process for PTEC and PTRC:

The screen below will appear

  • Select new registration under various acts and then select PTRC AND PTEC
  • Select process flow and select next
  • Select New dealer – Select Next- Enter PAN and captcha
  • Enter email and mobile on which you will receive otp and thereafter you will receive a temporary login and password o the mail which you provide

After which you have to login by selecting e- payments- thereafter login screen will appear

  • Select change password and enter current temporary password received in mail and also the new password you wish to keep
  • Select login for e service tab – Select login for vat and allied acts
  • Select registration tab – Select new registration
  • Select the relevant act (PTEC/PTRC) – Select next

(** Note : Here we are selecting the PTEC act, if PTRC is applicable to your company you can select as is applicable)

  • Tabs will appear- For annexure you can select from 50 options given below 

Following is the list of 50 Individuals and entity out of which one is to be selected for Annexure as is applicable

  1. 001-(A)- SALARY DO NOT EXCEED RUPEES 7,500/-
  2. 001-(B)(I)-IN CASE OF MALE EXCEED RUPEES 7,500/- BUT DO NOT EXCEED RUPEES 10,000/-
  3. 001-(B)(II)-IN CASE OF FEMALE DO NOT EXCEED RUPEES 10,000/-
  4. 001-(E)-SALARY EXCEED RUPEES 10,000/-
  5. 002-(A)-LEGAL PRACTITIONERS
  6. 002-(B)-MEDICAL PRACTITIONERS
  7. 002-(C)-TECHNICAL & PROFESSIONAL CONSULTANTS
  8. 002-(D)-INSURANCE AND POSTAL AGENTS ETC.
  9. 002-(E)-COMMISSION AGENT AND BROKERS ETC. EXCEPT ESTATE BROKER
  10. 002-(F)-CONTRACTORS EXCEPT BUILDING CONTRACTOR
  11. 002-(G)-DIAMOND DRESSERS AND POLISHERS
  12. 003-(A)-MEMBERS OF ASSOCIATION RECOGNIZED UNDER THE FORWARD CONTRACT (REGULATION ACT),1952
  13. 003-(B)(I)-MEMBER OF STOCK EXCHANGE
  14. 003-(B)(II)-REMISIERS RECONGNISED BY THE STOCK EXCHANGE
  15. 004-(A)-BUILDING CONTRACTORS
  16. 004-(B)-ESTATE AGENTS, BROKERS, PLUMBERS
  17. 005–DIRECTORS OF COMPANIES
  18. 006-(A)-LICENSED BOOK MAKERS AND TRAINERS
  19. 006-(B)-LICENSED JOCKEYS
  20. 007- (A)- WRITERS, LYRICISTS, DIRECTORS, ACTORS AND ACTRESSES (EXCLUDING JUNIOR ARTISTS), MUSICIANS, PLAYBACK
  21. 007- (B)- JUNIOR ARTISTS, PRODUCTION MANAGERS, ASSISTANT, DIRECTORS, ASSISTANT RECORDISTS, ASSISTANT EDITOR
  22. 008-(I)-MVAT OR CST DEALERS HAVING PREVIOUS YEAR?S ANNUAL T.O. EQUAL TO OR LESS THAN RS. 25 LAKH
  23. 008-(II)-MVAT OR CST DEALERS HAVING PREVIOUS YEAR?S ANNUAL T.O.EXCEEDING RS.25 LAKH
  24. 009–OCCUPIERS OF FACTORIES NOT COVERED BY ENTRY 8 ABOVE
  25. 010-(1)(A)(A)-SHOP & ESTABLISHMENT EMPLOYERS COVERED BY THE B.S.& E. ACT HAVING NO EMPLOYEE
  26. 010-(1)(A)(B)-SHOP & ESTABLISHMENT EMPLOYERS COVERED BY THE B.S.& E. ACT HAVING EMPLOYEES NOT EXCEEDING TWO
  27. 010-(1)(A)(C)-SHOP & ESTABLISHMENT EMPLOYERS COVERED BY THE B.S.& E. ACT HAVING EMPLOYEES EXCEEDING TWO
  28. 010-(1)(B)(A)-SHOP & ESTABLISHMENT EMPLOYERS NOT COVERED BY THE B.S.& E. ACT HAVING NO EMPLOYEE
  29. 010-(1)(B)(B)-SHOP & ESTABLISHMENT EMPLOYERS NOT COVERED BY THE B.S.& E. ACT HAVING EMPLOYEES NOT EXCEEDING TWO
  30. 010-(1)(B)(C)-SHOP & ESTABLISHMENT EMPLOYERS NOT COVERED BY THE B.S.& E. ACT HAVING EMPLOYEES EXCEEDING TWO
  31. 010–2-PERSONS OWNING/RUNNING STD/ISD BOOTHS OR CYBER CAFES EXCEPT GOVERNMENT OR PHYSICALLY HANDICAPPED PERSONS
  32. 010–3-CONDUCTORS OF VIDEO OR AUDIO PARLOURS, VIDEO OR AUDIO CASSETTE LIBRARIES, VIDEO GAME PARLOURS
  33. 010–4-CABLE OPERATORS, FILM DISTRIBUTORS
  34. 010–5-PERSONS OWING/RUNNING MARRIAGE HALLS, CONFERENCE HALLS, BEAUTY PARLOURS, HEALTH CENTERS, POOL PARLOURS
  35. 010–6-PERSONS RUNNING / CONDUCTING COACHING CLASSES OF ALL TYPES
  36. 011–OWNERS OR LESSEES OF PETROL/DIESEL/OIL PUMPS, SERVICE STATIONS, GARAGES AND AUTOMOBILE WORKSHOPS
  37. 012–LICENSED FOREIGN LIQUOR VENDORS AND EMPLOYERS OF RESIDENTIAL HOTELS AND THEATRES AS DEFINED IN THE B.S. & E. ACT
  38. 013-(A)-PERMIT HOLDERS FOR EACH THREE WHEELER GOODS VEHICLE
  39. 013-(B)-PERMIT HOLDERS FOR EACH TAXI OR PASSENGER CAR
  40. 013- (C)- (I)- PERMIT HOLDERS FOR EACH GOODS VEHICLES NOT COVERED BY SUBENTRY (A)
  41. 013-(C) (II)-PERMIT HOLDERS FOR EACH BUS OR TRUCK
  42. 014–LICENSED MONEY LENDERS
  43. 015–INDIVIDUALS OR INSTITUTIONS CONDUCTING CHIT FUNDS
  44. 016-(I)-STATE LEVEL CO-OPERATIVE SOCIETIES
  45. 016-(II)-CO-OPERATIVE SUGAR FACTORIES AND SPINNING MILLS
  46. 016-(III)-DISTRICT LEVEL CO-OPERATIVE SOCIETIES
  47. 016-(IV)-HANDLOOM WEAVERS CO-OPERATIVE SOCIETIES
  48. 016-(V)-OTHER CO-OPERATIVE SOCIETIES
  49. 017–BANKING COMPANIES
  50. 018—COMPANIES
  51. 018-(A)-LIMITED LIABILITY PARTNERSHIP REGISTERED UNDER LIMITED LIABILITY PARTNERSHIP ACT 2008
  52. 019-(A)-EACH PARTNER OF A FIRM
  53. 019-(B)-EACH PARTNER OF LIMITED LIABILITY PARTNERSHIP
  54. 020–EACH MAJOR CO-PARCENER OF HUF
  55. 020-(A)-PERSONS REGISTERED UNDER THE MAHARASHTRA GOODS AND SERIVES TAX ACT- 2017
  56. 021- OTHER PERSONS AS NOTIFIED
  • After registration Form you have to enter your Address details – Email  & Contact Details: (If email and contact is used before it cannot be used again) – Electricity Bill Details
  • After which you are to enter the Place of Business (POB) details – Email  & Contact Details: (If email and contact is used before it cannot be used again) – Electricity Bill Details
  • After which you are to enter your Bank Details after which enter your schedule entry as per the Annexure Selected and thereafter which a screen of other information will appear select as applicable
  • After which a Declaration page will appear, TICK the box and proceed to Next and thereafter the Upload Documents page will appear. (Note for PTEC no documents are required to be uploaded- Tick the Declaration Box and enter the Designation and Place- Click on Print Preview
  • Download Print Preview and save the same in respective folder- Select Submit thereafter- After Submission download acknowledgement and save the same. Application reference number will reflect in the acknowledgement.

The online application form will not be accepted if it is not complete in all respects and the required documents are not submitted along with the application. In case any of the fields in the data is not entered, then the applicant will get the error message and will be prompted to enter the said data. All communication will be made on the email id and mobile given in the temporary profile.

After filing the application form, click on the “Submit” button. After successful submission of the form, an acknowledgment bearing “Application Reference Number” will be available for download on the confirmation page. The submitted application form which will be communicated via e-mail as attached PDF Format.

The MSTD portal will carry out preliminary verification / validation, including real-time PAN validation with NSDL portal, Aadhaar No. Validation with UIDAI portal, IGR details with IGR portal and related service providers with Electricity bill utilities such as Tata Power, MSEB, BEST, Reliance Energy and Toronto and issuance of TIN through MSTD department before submission of application form

The Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 Rules, notifications, forms and trade circulars issued by the department are available on the official web site of the department http://www.mahagst.gov.in.

Grant of Registration Certificate

1. If the application is correct and complete in all respect along with relevant documents then the Registration Authority will generate TIN after verification. In this case the application is eligible for granting registration, then the date of uploading the application is considered as determining the purpose of the application for the date of the effective date of RC.

2. Registration certificates will be sent via email and post. The applicants need not visit the Certificate of Registration of Procurement for MSTD offices as well as the appropriate certifying authority of digital signature with downloadable format in the portal.

Rejection of the Application

  1. If the application is found to be defective, then the defect memo will be issued and e-mail to the applicant. The applicant needs to rectify the defects within 30 days.
  • In case the applicant rectifies the defects within 30 days, the officer will verify and if found satisfactory then TIN will be generated. In this case the first application of the date would be taken for the purpose of determining the effective date of the RC.
  •  If the applicant does not rectify the defects shown in the defect memo within 30 days, then the application will be rejected and the temporary profile will be de-activated after 90 days.

Documents to be Furnished

1. If the PAN Card is not available with the applicant, then the details of the PAN obtained from the Income Tax Department of the website will be accepted as a proof of PAN instead of copy of PAN.

2. Please refer Trade Circular No 42 T of 2008 dated 26.12.2008

3. As proof of place of business (POB and APOB) and residence (POR) latest electricity bill is mandatory. Out of the remaining documents one can be submitted.

Documents to be uploaded only in case of PTRC are as follows:

Sr No. Acts Document Type
1 Documents Required for PTRC Photograph   Uploading Documents to be optional
2 Documents Required for PTRC Signature Uploading Documents to be optional
3 Documents Required for PTRC Scanned copy of PAN Uploading Documents to be optional
4 Documents Required for PTRC Address proof (Principle Place) of Employer Uploading Documents to be optional
5 Documents Required for PTEC No Documents Required  
Subscribe to Whats App update

If you require professional help for registration and filing PTEC OR PTRC please email us at info@facelesscompliance.com

RSS
Follow by Email