Any payment made by a dealer or person in respect of any period towards [any amount due as per any order passed under the Act shall first be adjusted except in so far as the recovery of the said amount or part thereof is stayed under sub-section (6) [or, as the case may be, sub-section (6C)] of section 26, against the interest payable by him on the date of payment in respect of the said period and thereafter towards the amounts due as a penalty, sum forfeited and fine. Any amount remaining unadjusted shall then be adjusted towards the tax payable in respect of that period.
Section 40: Adjustment of any payment.
The Maharashtra Value Added Tax Act, 2002.State Act of Maharashtra · Act 9 of 2005
Where this provision sits
| Act | The Maharashtra Value Added Tax Act, 2002. |
|---|---|
| Section | 40 |
| Marginal note | Adjustment of any payment. |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- substituted, Mah. 14 of 2005. These words were substituted for the words "any amount due shall be adjusted" by Mah. 14 of 2005, s. 25.
- inserted, Mah. 31 of 2017. These words, brackets, figure and letter were inserted by Mah. 31 of 2017, s. 14.
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Maharashtra Value Added Tax Act, 2002. is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.