8th floor, Vikrikar Bhavan,

Office of the
Commissioner of Sales Tax,
Maharashtra State, Mumbai,
8th Floor, Vikrikar Bhavan,
Mazgaon, Mumbai 400 010.

TRADE CIRCULAR

To,
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No.DSR-1005/15/Adm-3
Trade Cir.- 27 T of 2005

Mumbai Dt : 20.10.2005

Sub:

Set off under rule 42L on stock as on 30.4.2001.

Gentlemen/Sir/Madam,

Queries have been made by the liquor dealers regarding eligibility of getting set-off on the stock of liquor held on 30.4.2001.

2. It is clarified that liquor dealers can get set-off under rule 42L on the stock of tax paid liquor as on 30.4.2001, if the liquor is sold on or after 1.5.2001.

3. This circular cannot be made use of for legal interpretation of provisions of law, as it is clarificatory in nature. If any member of the trade has any doubt, he may refer the matter to this office for further clarification.

4. You are requested to bring the contents of this circular to the notice of all the members of your association.

Yours faithfully,

(B. C. KHATUA)
Commissioner of Sales Tax,
Maharashtra State, Mumbai.