The Maharashtra Finance Department on 1st April 2021 has notified The Maharashtra Value Added Tax Criteria for Withdrawal (on the basis of probable revenue involved) of the assessment proceedings scheme, 2021 which shall be applicable to all pending assessment proceedings as on the date of the publication of the notification.
A committee shall be formed under this scheme for identifying the pending assessment proceedings which may be withdrawn and it shall determine probable revenue involved with the use of business data warehouse tools.
