General discrepancies observed in mvat audit report form 704 filed. Last date for electronic uploading of form e704, for the financial year 202014, is 15th january, 2015 and the last date for physical submission of audit report is. Mvat electronic filing of audit report in form 704. Form 704 see rule 65 audit report under section 61 of the maharashtra value added tax act, 2002 parti certified that iwe have verified correctness and completeness of the below mentioned sales tax returns. New template of form e 704 audit report for fy 201819 is deployed on mahagst site in downloads forms electronic forms e704. Mvat software tax power a comprehensive mvat software. For most of the dealers, mvat act was effective from 01.
Extension of time for filing vat audit report in form 704 for year 2014. General discrepancies observed in mvat audit report form 704 filed tax paid in annexure j2 not reconcile with annexure e and itc similarly care needs to. Maharashtra govt amends vat audit report in form 704. Tax liability under the mvat act, 2002 and cst act, 1956 should be computed. Maharashtra vat department has issued the notification no vat. Download mvat audit report form 704 file in xls format. A facility to upload of audit report in form e704 has been made available on website. Authority for person who is a relative or a person regularly employed under section 82 of the maharashtra value added tax act, 2002. Friends just click here to download the presenatat. Keep the field blank while validating form 704, as transaction id is generated only after successful uploading of form 704 and not before that. Yearly statement of the tax deducted at source, to be sent to prescribed authority under subsection 10 of section 31 of the maharashtra value added tax act, 2002. Complaint against any authority for vexatious order or willful underassessment us 121 of mvat act, 2002. Hence, there is time lag of more than a year resulting in selection of cases for. The dealer is required to submit statement of submission of audit report in form 704 along with the statement of submission of audit report in form 704 in the format enclosed with this trade circular on or before 10th february, 2010 extended to 15th may, 2010 by trade circular no.
Dealers can download the return form bundle template. Before downloading new form e 704 template from the mahagst portal clear the cache, cookies and browsing history then download the latest e 704 template from the mahagst portal. Audit report under section 61 of the maharashtra value added tax act,2002 e form 501. Form 709 see rule 75 authority legal practitioner, chartered accountant, cost accountant or sales tax practitioner under section 82 of the maharashtra value added tax act, 2002. For the form704, appended to the principal rules, the following form shall be substituted namely. Facility to validate suspicious dealers provided by sales tax department. Form 704 see subrule 5 of rule 65 declaration under section 59a and 59b by any person responsible for paying specified sale price to a contractor for carrying out any works in. Filing of annexures j1 and j2 viraj infosoft solutions. Download maharashtra vat form mtr6, 201, 202, 203, 204, 205, 206, 207. Block will be used to display browser versions to be supported by portal.
Profession tax information form for maharashtra profession act, 1975 eannexturej1. Profession tax information form for maharashtra profession act, 1975 e form 704. Vat maharashtra form 704 new in excel format audit. Before downloading new form e 704 template from the mahagst portal. Facility to autoupload vat, cst, ereturns annexures, form 704, ecst application, form 501, ptrc returns, form 424 automatically without going to departments website with a single click and catch trans id and date automatically.
Form 704 see subrule 5 of rule 65 declaration under. Further, maharashtra vat department has issued trade circular no. E form 704, audit report under section 61 of the maharashtra value added tax. In view of the aforesaid notifications, it has been made mandatory for all the dealers who are required to file audit report in form 704 as per the section 61 of the mvat act, 2002 read with rule 65 of mvat rules, 2005 and section 9 2 a of the central sales tax act, 1956 to file audit report in form 704 electronically for the period. New template of form e 704 audit report for fy 201819 is. Form 704 new audit and certification form704 old audit report under section 61 of the maharashtra value added tax act,2002. Applicability of services for may and november 201. The form 704 has to be filed using the excel template file available for download from the department website. Asked to pay amount in part i of form e704 under mvat act. Last date of physical submission of mvat audit report for f. Departmental action based on cross verification of sales and purchase annexures is taken after filing of form 704 audit reports for the relevant year. The commercial taxes department of maharashtra has made it. Download vat maharashtra form 704new audit report under section 61 of the maharashtra value added tax act, 2002 in excel format by finotax.
Vat forms for maharashtra in excel fillable pdf finotax. Form 107, registration under the mvat act, 2002, certain clarification and. Maharashtra vat forms in excel fillable pdf finotax. Filing of annexures j1 and j2 by the deemed dealers covered by section 6 of the mvat act, 2002. The tax audit under the provisions of the income tax act. This tutorial will make you understand the basic selection and downloading of vat return form under maharashtra vat act. Newsflash certain amendments in mvat act, 2002 rsm india. Application for advance ruling us 55 of the mvat act, 2002. Form704 old audit report under section 61 of the maharashtra value added tax act,2002. The prescribed due date for filing of vat audit report under section 61 of the maharashtra value added tax act,2002 for year 2014 is 15th january 2015.
Continuing education ceu workshop approval evaluation form. Mvat 1 how to select and download mvat return youtube. Facility for uploading maharashtra vat audit report in form 704 for fy 2017118 has been made on. The users will be able to upload the audit report for any period as is due to file under. Form 704 see rule 65 audit report under section 61 of the maharashtra value added tax act, 2002, part 1 certified that i we have verified correctness and completeness of the below mentioned sales tax. Mvat audit fy 201718 due date 15 january 2018 turnover. Electronic forms department of goods and services tax. Vat maharashtra form 704 new in excel format finotax. Due date filing mvat audit report in form 704 for year. Departmental action based on crossverification of sales and purchase annexures was taken after the filing of form 704 audit reports for the relevant year.
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