A specialised salvage company hired for the operation carried out the removal of sand around the grounded vessel and took into the waters.
"The vessel was turned towards the sea and was towed into deep waters. It would be taken to a safe port soon," said Director-General of Shipping Satish Agnihotri.
Pavit is suspected to have drifted, undetected, onto the Juhu beach after being abandoned by its crew off the coast of Oman. It has been at the Juhu beach since July 31.
Earlier, vessel MV Wisdom, which had also got stuck on Juhu beach for nearly three weeks, was successfully tugged away on July 2.
26/11 and today: Coastal security, the same old story
In PIX: Another ship grounded at Juhu beach
In PHOTOS: Wisdom stranded at Juhu beach
Pix: Dramatic rescue of sinking ship's crew off Mumbai coast
Efforts to salvage ship stranded near Mumbai fails