Professional Tax Enrollment Certificate in Maharashtra

Today we discuss Professional Tax Enrollment Certificate in Maharashtra it is commonly known as PTEC in Maharashtra. in this blog we will discuss who will liable to apply for PTEC, how to apply for PTEC, Due date of PTEC payments and any  PTEC return to be filed or not.

Who is liable to apply for Professional Tax Enrollment Certificate in Maharashtra?

This certificate is to be obtain by every person who is liable to pay tax under this act (other than salary or wages earners in respect of whom tax is paid by employer). The list of person who is liable to pay tax is given under this Act.

When to Apply for Professional Tax Enrollment Certificate in Maharashtra?

A Person has to apply for PTEC certificate within Thirty days from the date he is liable to pay Professional tax. He has to apply with a prescribed application to the Prescribed authority within a prescribed time.

What are the consequences in failure to apply for the PTEC certificate within the time limit?

An Employer who is liable to apply for the enrolment certificate failed to apply for the same within the time required then the Authorised department may levy a Penalty of Rs. Two for each day of delay after giving an opportunity of being heard

What are the consequences of providing false information at the time of application for registration for PTEC certificate?

The prescribed authority may after giving him a reasonable opportunity of being heard, imposes a penalty equal to three times the tax payable under this act.

Due date of Payment for  Professional Tax Enrollment fee 

The Tax due from Enrolled person for each year should be payable as follows:

In respect of Person who is enrolled before commencement of year or enrolled on or before the 31^st May: Tax is to be paid befor 30^th June or such later date as the Commissioner may by notification in the Official Gazette, specify in respect of that year.

In respect of Person who is enrolled after 31^st May: Tax is to be paid within one month of the date of enrollment.

In respect of Person whose rate of Tax is revised: Tax is to be paid within one month of the date of revision.

Is there any lump sum payment scheme for PTEC holder persons?

Yes, there is a lump sum payment scheme for enrolled persons. The person who is required to pay Rs. 2,500/ per year have an option to have Rs. 10,000/- for five years. In between such period if there is any change in the tax rate then there is no effect of the same on Tax already paid.

Online Payment of PTEC

An PTEC payment can be done online by visit on the  website GRAS and  click on the PTEC button and mentioned your PTEC number allocated to you and pay the payments. If you forgot the PTEC number click on know your TIN  and mentioned your name to find the TIN number.

 Due date of filling  PTEC return 

No returns are filling for PTEC holders. Only Tax is to be paid.

Penalty for Non Payment of Professional Tax by PTEC holder

If an enrolled person fails to make the payment of tax within the due date the professional tax authority may levied a penalty equal to 10%, of the amount of tax due after giving an opportunity of being heard.

Slab Rate of Professional Tax Enrollment Certificate in Maharashtra

The Professional Tax for Person other than employees can’t exceeds Rs. 2,500/- Per Annuam. The Professional Tax amount differs from person to person. Every person other than Partnership firm or HUF are liable to pay Professional tax if they are doing any business, profession, trade, calling or employment in the state of Maharashtra. The Slab for each category of person is announced by notification or circulars.