Saturday 14 June 2014

CQ- Entertainment tax for only one TV set in Maharashtra

On 12th June Maharashtra Government has given big tax relief to those who have more than one TV set in their home, the state government has proposed that the monthly Rs 45 entertainment tax levied on per television set will now be charged per home.
The Revenue Department on 12th June has brought an amendedment in the Maharashtra Entertainment Tax Act 2014 according to which consumers will have to pay the entertainment tax for just one TV set. 
The news was announced by Suresh Dhas, Minister of State for Revenue, he said that amendment would remain in force till December, 31, 2014 which is the deadline for Phase III and IV of digital addressable system (DAS).   
The government hopes to get hold of the exact number on television homes in the state by 31 December, which will allow it to revise the rates accordingly. 
Dhas also revealed that the government had collected Rs 104 crore (Rs 1.04 billion) entertainment tax from 28.36 lakh (Rs 2.84 million) cable TV connections till March 2013. 
He said that there was an outstanding amount of Rs 101 crore (Rs 1.01 billion) which the government had not been able to collect. Those who are yet to pay their entertainment tax will be charged a penalty of 24 per cent on the outstanding amount, he added. 
Source: http://cablequest.org/news/national-news/item/5206-cq-entertainment-tax-for-only-one-tv-set-in-maharashtra.html
Source: http://cablequest.org/news/national-news/item/5206-cq-entertainment-tax-for-only-one-tv-set-in-maharashtra.html

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