This document summarizes different types of taxes in India including direct taxes like income tax and wealth tax, and indirect taxes like sales tax, excise duty, and customs duty. It provides details on sales tax, explaining that it is paid by the seller to the governing body on the sale of certain goods and services. Sales tax is usually collected by the seller from the consumer at the time of purchase. The document then focuses on sales tax rates in the Indian state of Maharashtra, listing some of the relevant acts and providing tax rates for different categories. It notes that the value added tax (VAT) system in Maharashtra consolidated taxes and reduced the cascading tax burden. In conclusion, it shows data on the percentage contribution of

1. PRESENTED BY:
SANJEEV KUMAR SINGH

2.  A tax is a financial charge or other levy
imposed upon a taxpayer by a state or the
functional equivalent of a state such that
failure to pay is punishable by law.

3. DIRECT TAX
 INCOME TAX
 WEALTH TAX
 PROPERTY TAX
INDIRECT TAX
 SALES TAX
 EXCISE DUTY
 CUSTOM DUTY

4.  A sales tax is a tax paid to a governing body
by a seller for the sales of certain goods and
services.
 Usually laws allow (or require) the seller to
collect funds for the tax from the consumer
at the point of purchase.

5.  Calculation based on the cost of the item or
service you are purchasing
 If you buy a car for 2,00,000 Rs. With 5% of sale
tax rate then how much pay
Tax=200000*5%=10000
total pay = 200000+10000=210000 Rs.

6.  Retail or Consumption Sales Tax
 Value added tax (VAT)

7.  Which is a straight percentage tax placed on
the sale of a good.
 These are the traditional type of sales tax
 A conventional or retail sales tax is only levied
on the sale of a good to its final end user. Sales
to businesses who later resell the goods are not
charged the tax

8.  On a value added tax (VAT), the net tax
amount is the difference between the input
costs and the sales price.
Example : If a retailer pays RS.1500 for a good
from a wholesaler and charges the customer RS
2000, then the net tax is only placed on the RS.
500 difference.

9.  Sales Tax Department of
Maharashtra has proven to be a
cohesive effort made by
government of Maharashtra in
terms of strengthening
economical power of India.
Among various acts set by the
department, there have been
rules specifying sales tax rates in
Maharashtra.

10.  This is based on various goods and
commodities and hence sales tax Maharashtra
rates have a full chart containing different
genres. These categories include sales, entry,
central sales, service, profession, and VAT.

11. Sales tax rates vary by state, and often by city
and county as well. You must know your area's
proper sales tax rate to charge it to your
customers and properly complete your tax
forms.
STEP 1
Visit the website for your state's Department of
Revenue, or DOR. Follow the link for "Sales
and Use Tax Rates" or "Sales Tax Rates.“

12.  Find your sales tax rates. Many state DOR
websites provide a form in which you enter
information to find local sales tax rates.
Enter the name of your city or county. Click
"search" or "find." If your state lists sales tax
rates alphabetically according to the city's
name, select the letter that corresponds to
the first letter of your city. Follow that link
to find your city.

13.  Find your sales tax rate on the DOR list.
Alternatively, find your local sales tax rate by
looking it up on the alphabetical municipalities
list your state sends to you. The state includes
this municipalities list along with your sales tax
form.

15.  The Maharashtra Value Added Tax, 2002.
 The Maharashtra Purchase Tax on Sugarcane
Act, 1962
 Maharashtra Tax on Entry of Motor Vehicles
into local areas Act, 1962
 Maharashtra Tax on Luxuries Act, 1987
 The Maharashtra Tax on the entry of goods
into local area Act, 2002

16.  There were problems of double taxation of
commodities and multiplicity of taxes,
resulting in a cascading tax burden.
 before a commodity is produced, inputs are
first taxed and then after the commodity is
produced with input tax load, output is taxed
again. This causes an unfair double taxation
with cascading effects.

17.  Under the VAT system covering about 550
goods, there will be only two basic VAT rates
of 4% and 12.5%
 Under 4% VAT rate category there will be the
largest number of goods (about 270) necessities
such as medicines and drugs, all agricultural
and industrial inputs, capital goods and
declared goods
 The remaining commodities, common for all
the States, will fall under the general VAT rate
of 12.5%.

18.  A set-off will be given for input tax as well as
tax paid on previous purchases.
 There taxes, such as turnover tax, surcharge,
additional surcharge, etc. will be abolished.
 Overall burden will be rationalised.
 Prices will in general fall.
 there will be self-assessment by dealers.
 Transparency will increase.
 There will higher revenue growth.

19.  The act came into force from April, 1962. The
tax is being levied on purchase of sugarcane by
sugar factories or Khandsari Unit which use
them for manufacture or production of sugar.
The rate of tax is at 3% on the purchase price of
the sugarcane

20.  This act was first with effect from 18/12/1987.
Prior to this tax, numerous manufacturers and
distributors in motor vehicles opened their
depot in Union Territories or other States
where tax on sales was drastically low
 With the view to compensate the state for the
loss of legitimate Sales Tax Revenue in respect
of Motor Vehicles, this tax is introduced.

22.  The new levy of tax on the entry of specified
petroleum production was introduced from
1st
October, 2002. Many states have introduced
Entry Tax with a view to mobilize additional
revenue and to achieve equitable tax burden to
the extent possible on consumption of goods
within the State
 The entry tax has been payable in such States on
the goods imported from outside the respective
State into the local areas for consumption, use
or sale therein.

23.  High Speed Diesel Oil
 Aviation Turbine Fuel
 Aviation Gasoline
 Any other kind of Motor Spirit
 Light Diesel Oil
 Kerosene
 Furnace Oil

28. Year State Tax
Revenue Budget
Sales Tax
Revenue Budget
% Share to State
Tax Revenue
Budget
2005-06 36226.48 23301.32 64.32%
2006-07 42535.27 27564.71 64.80%
2007-08 47541.46 28712.65 60.39%
2008-09 53738.12 30729.02 57.18%
2009-10 59106.30 34503.25 58.37%

29. Maharashtra State
Division wise Sales Tax Revenue Gross Receipts
for the years 2003-04 To 2011-12

30.  WIKIPEDIA
 MATERIAL MANAGEMENT BY TONY
ARNOLD AND M. CLIVE
 DEPTT. OF SALES TAX MAHARASTRA

31. THANK YOU