Periodicity of the PTRC Dealers for FY 2023-24

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Periodicity for filing Maharashtra PTRC returns for the F.Y. 2023-24

Periodicity for filing Maharashtra Profession tax returns for the F.Y. 2023-24

Every dealer registered under The Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 ("the Act") required to file monthly or annual (as applicable) returns declaring monthly number of employees on the basis of amount of salary. Periodicity for the filing of PTRC returns is determined based on Profession tax liability during the previous year. 

1. How the periodicity of filing PTRC returns for the FY 2023-24 determined? 

As per Rule 11 of  The Maharashtra State Tax on Professions, Trades, Callings and Employments Rules, 1975, periodicity of filing PTRC returns determined on the basis of amount of tax liability during the previous year. 

a). If dealer having PTRC liability more than Rs. 1,00,000/- during the FY 2022-23, he will file PTRC returns on monthly basis for the FY 2023-24. And due dates will be last date of the month to which return relates.  E.g. Salary for the month of April-2023 will have due date 31 May 2023 and so on.

b). If dealer having PTRC liability less than Rs. 1,00,000/- during the FY 2022-23, he will file annual PTRC return for the FY 2023-24. And the due date will be 31st March 2024. 

Mahagst Department has released list of all PTRC numbers with applicable periodicity, you can access list @ https://mahagst.gov.in/sites/default/files/PTRC_PERIODICITY_2023-24.xlsx 

This list has been prepared based on PTRC returns filed up to 04/04/2023 for the FY 2022-23. Hence, there might be difference in the periodicity as per the list and as per criteria given under Point No 1 above.

2. Can we change PTRC return filing periodicity?

No, it is not possible to change periodicity for filing Maharashtra PTRC returns. Even Departmental Authorities are not allowed to change periodicity of filing PTRC returns.

3. What will be the periodicity for filing PTRC returns during the first year of registration under PTRC?

Newly registered dealer shall file monthly PTRC returns till the end of the year in which registration is taken.

4. Is late fees payable on delayed filing of PTRC returns?

Yes, as per Section 6(3) of the Act,  late fee is payable for filing PTRC returns after the due dates. Quantum of the late fees will be as under:

  • Rs. 200/- for the first 30 days of delay after the due date;
  • Rs. 1,000/- thereafter 
5. How to check PTRC number is active or not?

Periodicity is created only for the dealers who are registered under PTRC Act and currently in ACTIVE status. To check the status of PTRC registration, kindly visit the departmental portal as described in the following path.

www.mahagst.gov.in >> Know your Tax Payer >> Enter PTRC TIN with suffix P >> click “submit” button.

6. Kindly note PTRC return utility has been changed download latest utility (FORM-IIIB-V-1.0.002) for the period  01/04/2022 onwards. 
https://www.mahagst.gov.in/sites/default/files/PTRC_2.zip

7. Revised profession tax slab rate for salaried employees in the state of Maharashtra: Read here

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