Sector × state compliance
Maharashtra State Tax on Professions, Trades, Callings & Employments (Professional Tax) for Jewellery & gems Businesses in Maharashtra
Profile-specific applicability of Maharashtra State Tax on Professions, Trades, Callings & Employments (Professional Tax) for a jewellery & gems unit in Maharashtra, with citation and deadline.
Definition
Maharashtra State Tax on Professions, Trades, Callings & Employments (Professional Tax) for Jewellery & gems businesses in Maharashtra: how the obligation applies, where to file, and the penalty for default.
- SourceMaharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 — Sec 5 (Registration) + Sec 6 (Returns)mahagst.gov.in
What it means in practice
A jewellery & gems unit (NIC 32) operating in Maharashtra typically triggers Maharashtra State Tax on Professions, Trades, Callings & Employments (Professional Tax) because of the business's operating model, scale and location.
The day-to-day administering authority will be the Maharashtra Labour / Commercial Tax Department.
- SourceMaharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 — Sec 5 (Registration) + Sec 6 (Returns)mahagst.gov.in
Does Maharashtra State Tax on Professions, Trades, Callings & Employments (Professional Tax) apply to a jewellery & gems business in Maharashtra?
Deadlines and penalty
Cadence: monthly
Penalty for default: Late registration: penalty Rs 5/day; late payment: interest @1.25% per month + penalty up to 10%.
Citations
- SourceMaharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 — Sec 5 (Registration) + Sec 6 (Returns)mahagst.gov.in