Download Maharashtra Vat Form-402

Download Maharashtra VAT FORM-402 Certificate of tax deduction at source to be given to the dealer under sub-section (7) of section 31 of the Maharashtra Value Added Tax Act, 2002

As per Maharashtra VAT Rule 40(1) (b)

Rule 40Tax Deduction At Source.-

(1) [(a) Every  employer who  is required to deduct tax  under clause  (b) of sub-section (1)of section 31 shall  within 21 days  from the  expiry   of  the  month during  which tax  is  so  required to  be deducted, remit  the  full  amount of such  tax due  and  deductible 2[in challan in Form  210] into  the  Government Treasury irrespective of the actual  amount of tax deducted by  him,  from  such  dealer]

     (b) The   employer  required  to  remit   tax,   shall   furnish  a certificate  in  Form  402  in  respect  of  the   amount  so  remitted immediately after  the  deduction is made,  to the  dealer  in respect of whom  such  deduction is made.

[(c) *.*.*.deleted]

                (d) Any  employer issuing a certificate as required by clause  (b) shall  maintain for each  year  a separate account in Form  404  showing the  amount of  tax deducted,certificate of tax deduction issued, and  the particulars of  remittances made  to the Government treasury and  shall file a return in Form  405  with  4[the  Joint Commissioner of Sales  Tax (Returns), in Mumbai or as  the case  may  be the Joint  Commissioner of Sales  Tax  (VAT  Administration)  in  the  rest  of the  State] in  whose jurisdiction the  place  of business of the  employer is situated within three  months of the  end  of the  year  to which the  return relates.

5[(2)(a) The  application for  the  purpose of  sub-clause (ii)  of clause (b) of sub-section (1) of section 31 shall  be made  in Form  410 to the  registering authority having jurisdiction over  the  dealer.

      (b)  The  application  shall   be  accompanied  by  copies   of  the contract and  other documents on  the  basis  of  which the  claim  is made.

       (c) If the  particulars and  documents furnished by the  dealer  are correct  and complete in  all  respects and  after  making such enquiry as may  be  deemed necessary, the  Commissioner is  satisfied that  the contract under  reference is not  a  works  contract which involves transfer of  property in  goods  (whether as goods  or  in  some  other form),  he  may,  after  giving  the  applicant a reasonable opportunity of being  heard, grant  such certificate. A copy of such certificate shall be sent  to the  employer for whom  the  work  is  executed