Mvat audit form 704 download

The addon will enable users generate mvat annexures which will help auditors and users reconcile information with mvat audit form 704. Audit report under section 61 of the maharashtra value added tax act,2002. The commercial taxes department of maharashtra has made it mandatory for all eligible dealers to get their books of accounts audited and to file the. Mvat date extended for audit report in form e704 201516. Period select the financial year for which you want to revise the details. Download mvat audit report form 704 file in xls format.

General discrepancies observed in mvat audit report form 704 filed. Tin number enter yours tin number issued by the maharashtra vat department. No additional enclosure unless prescribed or unless it is essential for furnishing the information is to. The maharashtra government has decided to waive off the penalty for delay in filing of mvat audit report by builders and developers using rule 58 of mvat rules.

Mvat electronic filing of audit report in form 704. Faqs on form e 704 audit report form e 704 template version 3. Audit report under section 61 of the maharashtra value added tax act,2002 e form 501. Physical copy of acknowledgement and statement of submission of audit report shall be furnished by february 20 to the concerned nodal officers viz. 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. New template of form e 704 audit report for fy 201819 is deployed on mahagst site in downloads forms electronic forms e704.

Import remarks and other similar data from other or same dealer having previous year audit report. Jan 24, 2019 vat maharashtra form 704 new in excel format audit report under section 61 of the maharashtra value added tax act, 2002 about forms compiled in pdf fillable as excel word format. Form 704 new audit and certification form 704 old audit report under section 61 of the maharashtra value added tax act,2002. Jan 24, 2019 vat forms for maharashtra in excel fillable pdf. This audit report in form 704 is divided in three parts, as under. Before downloading new form e 704 template from the mahagst portal clear the cache, cookies and browsing history then download the. No additional enclosure unless prescribed or unless it is essential for furnishing the information is to be filed with this report. Filing of annexures j1 and j2 viraj infosoft solutions pvt. The form 704 has to be filed using the excel template file available for download from the department website. 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. For annual revised return us 204b, gto of sales in return should be greater than or equal to. In annexure h details about wanting declarations in form h, in respect of local sales is to be filled. Form 704 see rule 65 audit report under section 61 of the maharashtra value added tax act, 2002, part 1.

The said circular provided for the methodology to be followed for uploading of audit reports in form e 704 and submission of necessary documents to the mgstd post uploading of audit report in form e 704. This creates a time lag of more than a year to select cases for computerized desk audit cda, issuebased audits, and assessments. As per the provisions of maharashtra value added tax act, 2002 mvat act, a dealer is liable to pay tax on the basis of turnover of sales within the state. Go to mahavat download the applicable form e704 annexure j1 and j2. Electronic forms department of goods and services tax. Issues relating to compliances of form 704 vat audit, pt returns. Seminar on new mvat audit report form 704 powerpoint ppt presentation. Refer to the trade circular mentioned at reference 2 above. Facility for uploading maharashtra vat audit report in form 704 for fy 2017118 has been made on.

The due date for uploading audit report, in form 704, for the financial year 201516 shall be 15th january, 2017. Filing of annexures j1 and j2 viraj infosoft solutions. Dealers fail to upload e704 audit forms on mahagst portal. In all annexure reports, the user will be able to drill down to the voucher and rectify possible errors before generating emvat form 704. Erp 9 e filing of new audit form 704 for maharashtra as per sec. Mvat audit fy 201718 due date 15 january 2018 turnover. 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 new audit and certification form704 old audit report under section 61 of the maharashtra value added tax act,2002. Consolidation of returns under the mvat act, 2002 for dealers other. It is a report under section 61 of mvat act, 2002 to be submitted by eligible dealer within 10 months of the end of a particular financial year. Department of sales tax, government of maharashtra e704. How to viewdownload uploaded form 704 vat forum caclubindia. Hello experts friends need an urgent help on the below situation mvat form 704 has been filed on 15 02 2017 and there after the signing.

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 27th january, 2015. Dec 04, 20 b under earlier version of form 704 version 1. Submission of audit report in form 704 for the financial year 201718. Block will be used to display browser versions to be supported by portal.

Departmental action based on crossverification of sales and purchase annexures was taken after the filing of form 704 audit reports for the relevant year. Due to this, dealers received notices even after 68 years. The eligible dealers are requested to first download the available version of the audit report in form e 704 from the downloads section of the web site. 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.

Department of sales tax, government of maharashtra. In view of this the last date for submission of audit report in form 704 for the period 200910 shall be 15th february 2011. For mvat dealers filing of annexures j1 and j2 before submitting mvat return is mandatory. Due date filing mvat audit report in form 704 for year. Download vat maharashtra form 704new audit report under section 61 of the maharashtra value added tax act, 2002 in excel format by finotax. The representations from trade and associations have been received with a request to extend the due date for submission of audit report in form e 704.

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. Form704 old audit report under section 61 of the maharashtra value added tax act,2002. Accordingly, it has been decided to extend the due date for submission of the audit report in form 704 for the period 200910 from 31st january 2011 to 15th february 2011. Read more about penalty waived for late mvat audit reports by builders, developers on business standard. Is it necessary to use only nero7 pdf new form available on website after 1 st. Filing of the annexures j1 and j2 as a part of the audit report by the 704 filers. Audit report under section 61 of the maharashtra value added tax act, 2002. Jun 09, 2018 new mvat audit report form 704 issued for fy 1718. Gto of sales as per audit, in vat audit form e 704 schedule i to vi, for return f 231 to cst. Vat software for tax professionals for vat calculation, tds calculation, c form, vat audit form 704, dealer management, dms and many more. The report of audit under section 61 shall be in form. Calculate, prepare, and efile your vat with our vat software for free. Commissioner of sales tax, maharashtra, amends with effect from the 1st april 2018 form 704 audit report under section 61 of the maharashtra value added tax. Procedure for revision of vat audit annexure in maharashtra.

Delay submission of physical mvat audit report in form704 vat. A letter of submission of audit report in form 704. Applicability of services for may and november 201. Accordingly the prescribed date for filing of form e704 for the year 201516 is 15 th january 2017.

The dealer is required to submit statement of submission of audit report in form 704 along with this statement, the dealer is also required to submit the following documents. Vat forms for maharashtra in excel fillable pdf finotax. Last date of physical submission of mvat audit report for f. Mvat audit form 704 annexurewise its details read more at caclubindia com share files files upload form asp. Gto of sales as per audit, in vat audit form e704 schedule i to vi, for return f 231 to cst. Ppt seminar on new mvat audit report form 704 powerpoint. On this page view and print annexure j1 view and print annexure j2 annexure j1 following nature of transactions will have to be considered for this annexure. Due date filing mvat audit report in form 704 for year 2014 is extended up to 30th january 2015 trade cir. Procedure for submission of maharashtra vat audit report for the. Friends just click here to download the presenatat. Vat maharashtra form 704 new in excel format finotax. A chartered accountant or a member of institute of cost and works. General discrepancies observed in mvat audit report form 704 filed annexure j1 and j2 no information is filled in annexure j1 due care needs to be taken to fill the details in annexure j1 and tally with the tax wise details mentioned in schedule i to v copying tin of one dealer and figures. Download mvat audit form 704 annexure wise file in xlsx format.

In view of this the last date for submission of audit report. Penalty waived for late mvat audit reports by builders. The eligible dealers are requested to first download the available version of the audit report in form e704 from the downloads section of the. The department has requested to download the form e704 latest. Overview of mvat audit 27th october, 2012 puneicai. Physical submission of mvat audit report in form 704 for fy 2017. Under the act audit report department of goods and. General discrepancies observed in mvat audit report form 704 filed 2. Profession tax information form for maharashtra profession act, 1975 e form 704. Dealers may now download the acknowledgement of form e 704 afresh, from mahagst portal, after log in on the portal with the login credentials. Due date filing mvat audit report in form 704 for year 20. The forms are available for free download for personal use only.

The representations from trade and associations have been received with a request to extend the due date for submission of audit report in form e. Jan 15, 2015 due date filing mvat audit report in form 704 for year 2014 is extended up to 30th january 2015 trade cir. Physical submission of mvat audit report in form 704 for. Gto of sales in f 231 should be greater than or equal to gto of sales as per audit in schedule i. In case any field or box is not applicable, enter zero 0 in. Last date for electronic uploading of form e 704, for the financial year 202014, is 15th january, 2015 and the last date for physical submission of audit report is 27th january, 2015.

Mvat software tax power a comprehensive mvat software. Application for advance ruling us 55 of the mvat act, 2002. New template of form e 704 audit report for fy 201819 is. Likewise in case of f 233, the gto of sales as per return and gto of sales. Mvat audit report uploading date extended to february 9. Jan 12, 2017 accordingly the prescribed date for filing of form e 704 for the year 201516 is 15 th january 2017.

Last date for physical submission audit report in form 704 for the financial year 201120. Commissioner of sales tax, maharashtra, amends with effect from the 1st april 2018 form 704 audit report under section 61 of the mah. Every dealer shall download the template of the said form. Department of sales tax, government of maharashtra e704 frequently asked questions faqs q 1. Last date for physical submission of mvat audit report in. Please read these instructions carefully before filling up the report.

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