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Stamp duty was formerly a graduated progressive tax with the more expensive the house bought the greater the stamp duty rate. The top rate slowly increased from 0.5% in 1882 to 3% in 1947, 5% in 1973, 6% in 1975, reaching its peak at 9% in 1997. [ 7 ]
Custom Duty: Duties of customs including export duties 84 Excise Duty : Duties of excise on the following goods manufactured or produced in India namely (a) Petroleum crude (b) high speed diesel (c) motor spirit (commonly known as petrol) (d) natural gas (e) aviation turbine fuel and (f) Tobacco and tobacco products
Their site address is: Department Of Sales Tax - Govt. of Maharashtra. Rate of tax: Schedule ‘A’ – Essential Commodities (Tax free) - Nil Schedule ‘B’ – Gold, Silver, Precious Stones, Pearls etc. - 1.2% Schedule ‘C' – Declared Goods and other specified verry goods - 6% (Rates for items other than declared goods changed to 6%) [2]
This millage rate is usually expressed as a multiple of 1/1000 of a dollar. Thus the fractional amount of 0.001 will be expressed as 1 mill when expressed as an ad valorem tax millage rate. The tax determined from multiplying the ad valorem assessment times the ad valorem tax rate is typically collected by the tax collector or tax commissioner.
The Ministry of Revenue is a ministry of the Government of Maharashtra. It is responsible for preparing annual plans for the development of Maharashtra state. [1] [2] The ministry is headed by a Cabinet level by Chandrashekhar Bawankule, current minister of revenue.
The Indian Stamp Act of 1899 (2 of 1899), is an in-force Act of the Government of India for the charging of stamp duty on instruments recording transactions. [ 1 ] A India Rs. 2 stamped paper charged under the act in 1952
The Ministry of State Excise is a ministry of the Government of Maharashtra. It is responsible for preparing annual plans for the development of Maharashtra state. [1] [2] The Ministry is headed by a cabinet level Minister. Ajit Pawar Deputy Chief Minister and Minister for State Excise.
The Municipal Commissioner is appointed by Government of Maharashtra under section 54 of Mumbai Municipal Corporation Act, 1888. The Municipal Commissioner is responsible for developing & maintaining civic infrastructure of the city like water supply, roads, storm water, drainage and efficient delivery of various services to the citizens of Mumbai.