Please Wait ..

to your account


Remember Me

Forgot your password?

Sign-up now

Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Discussion > VAT > Mahavat >

Reduction under rule 53 of mvat act

    Post New Topic
Pages : 1

Related Files


[ Scorecard : 24]
Posted On 24 December 2013 at 16:37 Report Abuse

In form 704. Schedule E ,point 5) Computation of sett off claimed for period under audit- Which amount is to be filled, I  mean whether gross figure and VAT Reduction figure of 3% is to be entered or Net figure and VAT Reduction figure of 3%

Eg: Gross : 25000    VAT 5% :1250  Reduction 3%: 750  Setoff Claimed :500(1250-750)

   In annexure E Which figure should be entered at point 5 (c)

i)purchase value...............     Tax Amount..........

Online classes for CA CS CMA

Share on

There are 0 Replies to this message

Related Threads

Post your reply for Reduction under rule 53 of mvat act

Your are not logged in . Please login to post replies

Click here to login

Not a member yet ?? Click here to signup



  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.

Forum Home | Forum Portal | Member Control Center | Who is Where | Popular Threads | Today's Topic | Recent Posts | Today's Posts | Post New Topic | Thread With Files | Top Threads This Month | Forum Stats | Unreplied Threads

back to the top