|
No.VAT/MMB-1006/152/Adm-3
|
Trade Cir.
No. 23 T of 2008 |
Mumbai,
dt. 27.06.2008 |
| |
|
|
Sub: |
Submission of Audit Report in Form 704 for the year
2005-06. |
|
Ref: |
1) Writ petition
No. 3203 of 2006. The Sales Tax practitioner Association of Maharashtra
and Another Versus The State of
Maharashtra and Another.
2) Trade circular No.
9T of 2007, Mumbai dated 29.01.2007.
3) Trade circular No.
20T of 2007, Mumbai dated 27.02.2007.
4) Trade Circular No.
36T of 2007, Mumbai dated 280.4.2007.
5) Trade circular No.
45T of 2007, Mumbai dated 20.06.2007.
6) Trade circular No.
49T of 2007, Mumbai dated 30.06.2007.
7) Trade circular No.
51T of 2007, Mumbai dated 31.07.2007.
8) Trade circular No.
58T of 2007, Mumbai dated 23.08.2007.
9) Maharashtra
Act No. XXV of 2007, dated
06.08.2007.
10) Trade circular No.
66T of 2007, Mumbai dated 31.10.2007.
11) Trade circular No.
71T of 2007, Mumbai dated 29.12.2007.
12) Trade Circular No.
2T of 2008, Mumbai dated 29.01.2008.
13) Trade Circular No.
12T of 2008, Mumbai dated 05.04.2008. |
Gentlemen/Sir/Madam,
The Hon’ble High
Court has dismissed the Writ petition No. 2000 of 2007 and allied petitions
regarding Form 704. The date for filing of Form 704 was extended by the High
Court to 30th June 2008. Accordingly, a trade circular cited at
reference 13 was issued and the date for filing of Form 704 in respect of
the year 2005-06 and 2006-07 was extended to
30th
June 2008.
2. In view of various
representations received from Trade and Associations the date for filing of
audit report in Form 704 in respect of the year 2005-06 and 2006-07 is
extended to
31st July 2008.
It may be noted that under no circumstances the date for filing the audit report
will be further extended.
3. If any discrepancies are
shown in the Audit Report regarding the relevant underlying returns already
filed by the dealer, then a revised return is to be filed. In such cases, the
last date for filing of this revised return is now
extended to
31st August 2008.
No legal action will be taken against the dealers who abide by the above
mentioned revised deadlines.
4. In the year 2005-06,
dealers were holding old B.S.T.R.C.Nos. which must be
shown in the audit report form 704. From 1.4.2006 these numbers have been
replaced by TIN. It is requested that while filling Form 704, the corresponding
TIN should also be shown in the right hand top corner of the front page the form
in bold letters with borders in red ink as shown below:
|
T.I.N. |
2 |
7 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
V |
This will facilitate the department to update the dealer’s data and will also be
helpful to the dealers.
5. Dealers are also
requested to submit their e-mail addresses at the time of filing the audit
report in form-704.
6. In Mumbai form 704
will be accepted in the office of Joint Commissioner of Sales Tax (Business
Audit)1, 5th floor, New Building, Vikrikar Bhavan, Mazgaon, Mumbai
400 010.
7. In areas other
than Mumbai, form 704 will be accepted in the office of the respective Joint
Commissioner of Sales Tax (Adm). In the places where the office of the Joint
Commissioner of Sales Tax is not located, it will be accepted in the office of
the Deputy Commissioner of Sales Tax (Adm) or Assistant Commissioner of Sales
Tax (Adm), as the case may be.
8. For the present,
audit reports in Form 704 will be accepted in hard copy even if the soft copy is
not furnished.
9. This circular cannot
be made use of for legal interpretation of provisions of law as it is
clarificatory in nature. If any member of the trade has any doubt, he may refer
the matter to this office for further clarification.
10. You are requested to
bring the contents of this circular to the notice of the members of your
association.
Yours faithfully
(SANJAY BHATIA)
Commissioner of Sales Tax,
Maharashtra State, Mumbai. |
