MVAT Audit 31.03.2013:- Revised Annual Return u/s 20(4)(b) &(c)-Instructions revised

Instructions for uploading Annual Revised Returns U/s 20(4)(b) & (c)

 Please download the latest version (Ver 1.8.0) template from Mahavat website.

 Dealer can upload the Revised return u/s 20(4)(b) & (c) with Annual periodicity only.

 Dealer can upload the Original, Fresh and Revised return u/s 20(4)(a) as per the periodicity of that FY. i.e. Monthly/ Quarterly/Six Monthly .

        Annual Revised return u/s 20(4)(b) will be uploaded only after uploading the Vat Audit report e-704.

          For Annual Revised Return u/s 20(4)(b), GTO of sales in return should be greater than or equal to

GTO of sales as per Audit, in Vat Audit form (e-704) Schedule I to VI, for return F 231 to CST

respectively.

i.e. GTO of sales in F 231 should be greater than or equal to GTO of sales as per Audit in Schedule I

of Vat Audit form (e-704). Likewise in case of F 233, the GTO of Sales as per Return and GTO of sales

as per Schedule III of e-704 and so on will be compared.

 In case of Annual Revised return u/s 20(4)(c) the GTO of Sales & Purchases and other details

pertaining to entire year should be entered.

 Annual Revised return u/s 20(4) (b) will be applicable for all financial years including earlier years for

which the electronic Vat Audit report (e-704) has been uploaded. For the FY 2011-12 onwards the

Annual Revised return u/s 20(4) (b) will be allowed only once.

 Dealers are requested to enter total amount already paid, before uploading the audit report in the

first row of the table giving details of amount already paid . The details like CIN, Date of Payment,

Bank details should be entered corresponding to last payment before uploading of Vat Audit report

(e-704).

 The amount paid as per additional liability in Vat Audit report (e-704) should be shown in next rows.