GST And Professional Tax

With the GST coming in from July 1, 2017 numerous persons got themselves registered under the GST regime for various reasons, some mandatory while some voluntary, but little did they know that, they would be served with notices for non-registration and non-payment of profession tax under The Maharashtra State Tax On Professions, Trades, Callings And Employments Acts, 1975. This probably due to the integration of government websites and better coordination among various departments of tax authorities. So what exactly is Profession Tax (hereinafter referred to as “PT”), who needs to PT and is it mandatory to pay PT? Well PT is a tax levied by the state and is a state revenue. Various states have enacted such acts for the collection of PT in their respective states. This article is restricted to  The Maharashtra State Tax On Professions, Trades, Callings And Employments Acts, 1975.

So what exactly is Profession Tax (hereinafter referred to as “PT”), who needs to PT and is it mandatory to pay PT? Well PT is a tax levied by the state and is a state revenue. Various states have enacted such acts for the collection of PT in their respective states. This article is restricted to  The Maharashtra State Tax On Professions, Trades, Callings And Employments Acts, 1975.