On 30th September 2015, Maharashtra VAT Department has issued the Notification VAT. 1515/C.R. 128A/Taxation-1. and VAT. 1515/C.R. 128B/Taxation-1 for increase in MVAT Rate with effect from 1 October 2015. We have summarized the said notification in form of newsflash and trust you will find the same useful.

2. 1.0 Background
On 30 September 2015, Maharashtra VAT Department has issued the Notification VAT. 1515/C.R. 128A/Taxation-1.
and VAT. 1515/C.R. 128B/Taxation-1 for increase in MVAT Rate with effect from 1 October 2015.
2.0 Maharashtra Value Added Tax Act, 2002 (‘MVAT Act, 2002’)
2.1 MVAT increased on the following products by amending Schedule B and Schedule D:
Schedule
Entry
No
Product Description as per Schedule Tax Rate
Present
Up to 30 September
2015
Revised
w. e. f. 1 October
2015
Schedule B
1 Articles made of Precious metals of fineness
not less than fifty percent, whether or not con-
taining precious stones, semi precious stones,
diamonds or pearls whether real or cultured
and to which entry 105 in schedule "C" does
not apply but excluding industrial goods and
industrial tools to which entry 53A of Schedule
"C" applies.
1% 1.2%
2 Precious metals that is to say Gold, Silver,
Platinum, Osmium, Palladium, Rhodium,
Ruthenium and alloys of any of them.
Explanation.- For the purposes of this entry,
an alloy of precious metal means a precious
metal of fineness of not less than fifty percent.
1% 1.2%
3 & 3A Precious stones including diamonds, semi-
precious stones and pearls, whether real or
cultured.
1% 1.2%
4 Hairpins, Imitation Jewellery, beads of glass,
plastics or of any metal other than precious
metals and parts and components thereof.
1% 1.2%
Schedule D
1 Foreign liquor as defined from time to time in
rule 3(6) (1) of the Bombay Foreign Liquor
Rules, 1953 excluding wine.
50% 60%
2 Country liquor, as defined in Maharashtra
Country Liquor Rules, 1973
50% 60%
3 Liquor imported from any place outside the
territory of India as defined, from time to time,
in rule 3(4) of the Maharashtra Foreigh Liquor
(Import and Export) Rules, 1963 excluding
wine.
50% 60%

3. Schedule
Entry
No
Product Description as per Schedule Tax Rate
Present up to 30
September 2015
Proposed
w. e. f. 1 October
2015
Schedule D (continued)
5 High Speed Diesel Oil,
(a) when delivered
(i) to a retail trader for trading from a place of
business situated within the geographical lim-
its of the Municipal Corporations of the Brihan
Mumbai, Thane, Navi Mumbai and within such
other areas for such period as may be notified
by the State Government in the Official Ga-
zette, (Municipal Corporation of Nagpur.(01-03
-2015 to 29-02-2016)); and
(ii) to a person other than retail trader having
place of business situated within the
geographical limits of the Municipal
Corporations of the Brihan Mumbai, Thane,
Navi Mumbai and within such other areas for
such period as may be notified by the State
Government in the Official Gazette. (Municipal
Corporation of Nagpur.(01-03-2015 to 29-02-
2016))
b) in circumstances other than those
mentioned in clause (a) above
24%
24%
21%
24%+ Two rupees
per litre
24%+ Two rupees
per litre
21% + Two rupees
per litre
10 Any other kind of Motor Spirit,
(a) when delivered,-
(i) to a retailer for trading from a place of busi-
ness situated within the geographical limits of
the Municipal Corporations of the Brihan
Mumbai, Thane, Navi Mumbai and within such
other areas for such period as may be notified
by the State Government in the Official Ga-
zette.(Municipal Corporation of Nagpur.(01-03
-2015 to 29-02-2016)); and
(ii) to a person other than the retailer having
place of business situated within the geo-
graphical limits of the Municipal Corporations
of the Brihan Mumbai,Thane, Navi Mumbai
and within such other areas for such period as
may be notified by the State Government in
the Official Gazette(Municipal Corporation of
Nagpur.(01-03-2015 to 29-02-2016));
(b) when delivered in circumstances other
than those mentioned in clause (a) above
26% + One rupee per
litre
26% + One rupee per
litre
25% + One rupee per
litre
26% + Three rupee
per litre
26% + Three rupee
per litre
25% + Three rupee
per litre
13 Aerated and Carbonated non-alcoholic
beverage whether or not containing sugar or
other sweetening matter or flavour or any
other additives.
20% 25%
14 Cigar and cigarettes. 25% 35%

4. 2.1 Proportion of Exemption provided to the following class of liquor dealer reduced as per Notification No. VAT. 1515/
C.R. 128B/Taxation-1
Sr. No. Class of Dealer Tax Rate
Exemption up to 30
September 2015
Proposed
Exemption
w. e. f.
1 October 2015
1 Manufacturer of Liquor holding license in PLL or CL-I or
BRL appended to the relevant Rules made under the
Bombay Prohibition Act, 1949
In excess of the amount
arrived at by applying the
following formula:-
MRP X 25/125
in respect of sales men-
tioned in column 3
In excess of the
amount arrived at by
applying the follow-
ing formula:-
MRP X 30/130
in respect of sales
mentioned in column
3
2 Wholesaler of Liquor holding license in FL-I or CL-II
appended to the relevant Rules made under the Bombay
Prohibition Act, 1949 and importer not holding licence in
respect of liquor sales under relevant rules made under
the Bombay Prohibition Act, 1949
In excess of the amount
arrived at by applying the
following formula:-
MRP X 25/125
in respect of sales men-
tioned in clause (b) in
column (3) of this entry
In excess of the
amount arrived at by
applying the follow-
ing formula:-
MRP X 30/130
in respect of sales
mentioned in clause
(b) in column (3) of
this entry
4 Restaurant and Hotels having gradation of 4 star or above
4 star holding license in FL-III or E appended to the
relevant Rules made under the Bombay Prohibition Act,
1949
In excess of - (i) the
amount arrived at by ap-
plying the following for-
mula:-
MRP X 25/125
in respect of sales men-
tioned in clause (b) in
column (3) and
(ii) 20 percent of sale
price of sales of goods
mentioned in clause (b) in
column (3)
In excess of - (i) the
amount arrived at by
applying the follow-
ing formula:-
MRP X 30/130
in respect of sales
mentioned in clause
(b) in column (3) and
(ii) 20 percent of
sale price of sales of
goods mentioned in
clause (b) in column
(3)
5 Restaurant and Hotels having gradation of 3 star or below
3 star, clubs holding license in FL-III or FL IV or E
appended to the relevant Rules made under the Bombay
Prohibition Act, 1949
In excess of -
(i) the amount arrived at
by applying the following
formula:-
MRP X 25/125
in respect of sales re-
ferred to at (b) in column
(3) and
(ii) Five percent of sale
price of sales mentioned
in clause (b) in column
(3)
In excess of -
(i) the amount ar-
rived at by applying
the following formu-
la:-
MRP X 30/130
in respect of sales
referred to at (b) in
column (3) and
(ii) Five percent of
sale price of sales
mentioned in clause
(b) in column (3)