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Now, Maharashtra Government take initiative regarding hassle frees from the E-Filing return process for ease of doing Business. For that purpose, New templates of annexures and returns in Form 231, Form 232, Form 233, Form 234, Form 235 and CST Form III ( E) has been introduced in place of Old Annexures J1, J2 and respective old return forms. All Dealers are required to file Sales- Purchase Annexures before Submission of Return from 1st April 2016.

What are the Steps for E Filing of Return?

There are Seven Steps for E Filing of Return and they are:-

  1. Downloading of Sales and Purchases Annexure Template from www.mahavat.gov.in Website.
  2. Preparation of Sales and Purchases Annexure
  3. Manual Input in preview Return
  4. Uploading of Annexures
  5. Auto Preparation of Draft Return
  6. Verification of Input Tax Credit
  7. Submission of Return with Payment.

How to prepare annexure Template?

With the help of Sale Register, Purchase Register and relevant books of account, prepare sale and purchase annexure.

There are three stages for preparing annexure templates which are follows:

Header:-

The Dealer has mandatory to filed the all necessaries details such as MVAT

R.C No., CST R.C No., Name of Dealer, return type i.e. original or revised, Return Forms, Financial Year, return Period etc.

But for the selecting return forms to be filed, there are only following combination of return types are permissible:-

  • Form 231 and Form 234.
  • Form 233 and Form 234.
  • Form 233 and Form 235.
  • Form 231 and Form 232.
  • All Forms of MVAT with CST Return.

And there is no option for Selecting Half Yearly periodicity for Filing return so instead of it Annual Periodicity will applicable to such dealer.

Sales Annexure:-

In Sales Annexure, Every Invoice is to be entered across one row irrespective of various tax rates or different types of sales. Various types of sales are allowed in single Invoice, Such as:-

  • Taxable sales (including works contract composition sales)
  • Inclusive of tax sales
  • Tax free sales
  • Exempted sales u/s 41 and 8
  • Labour charges
  • Other charges

And also transaction codes are assigned to the nature of transactions and they are follows:-

  • 100 - for sales to TIN holder (RD)
  • 200 - for sales to Non-TIN holder (URD)
  • 300 - for Branch Transfer/Consignment sales
  • 800 - for deduction u/s 3(2) i.e. turnover of sales before crossing threshold limit.
  • 600 - for goods return (applicable in case of transactions under codes 100, 200 and 800)
  • 700 - for credit notes (applicable in case of transactions under codes 100, 200 and 800)
  • 680 - for goods return (applicable in case of transactions under code 300)
  • 780 - for credit notes (applicable in case of transactions under code 300)
  • 400 - Composition sales u/s 42(1),(2)  (Within State)
  • 500 - PSI Exempted Sale (Within State)
  • 940 - Export sale on H Form (Inter State)
  • 950 – Direct Export (Inter State)
  • 960 – Import Sales (High Seas) ( Inter State)
  • 970 – Inter-state sales u/s 8(6) i.e. against Form I (SEZ Sale in Inter -state).

Purchase Annexure:-

As same in sale Annexure, Every invoice is to be entered across one row irrespective of various tax rates or different types of purchases and various types of purchases in single invoice is allowed.

So, Transaction codes are assigned to the nature of transactions such as:-

a) 10 - for purchases from TIN holder (RD)

b) 15 - for purchases from TIN holder (RD) capital goods

c) 20 - for purchases Non-TIN holder (URD)

d) 30 - for Inter-state Branch Transfer/Consignment purchases

e) 35 - for within the State Branch Transfer

f) 40 - for Inter-State Purchases against Form-C

g) 45 - for within the State Purchases against Form-C (Purchase in transit u/s 6(2))

h) 50 - for inter-State Purchases against Form-H

i) 55 - for within the State Purchases against H Form

j) 60 - for imports (Direct)

k) 65 - for imports (High Seas)

l) 70 - for inter-State Purchases without Form

m) 75 - for inter-State Purchases against Form-I

n) 80 - for deduction u/s 3(2), turnover of purchases before crossing threshold limit.

So these transaction codes are applicable to all types of return Form and CST III(E).

How to validate annexures and preview return?

In Validate sheet, Press Validate and preview button and then Return forms shall open for preview and manual input.

But in these types of return Forms has some changes in respect to old Forms and such as :-

SR.NO

CLAUSE NO

OLD FORM  VAT Form

NEW FORM VAT Form

REMARKS

1

2

Eligible  for 704  Applicable Yes /No

Not Mentioned

Eligible  for 704

Applicable Yes / No

2

2

Location of sale tax office, Email Id, Telephone No.

But Name of Dealer is in Editable Format

 

3

5  Computation of  net   turnover of sales liable to tax 

N. A

5 (b) Less:- Turnover of Sales (including taxes thereon) including inter-state Consignment Transfers and Branch Transfers Covered under Form Number 234

New clause Added

4

N. A

Add:- Value of Goods return (inclusive of tax) including reduction of sale price on account of rate difference and discount claimed in earlier period but not confirmed by buyer.

New clause Added

5

In Earlier Return, There are no separate column for Value for goods return and reduction in sale price on account of rate difference and discount.

In New Form, There are separate columns for Value for goods return and Reduction in sale price on account of rate difference and discount.

New clause Added

6

N. A

Less:- Value of Goods return (inclusive of tax) including reduction of sale price on account of rate difference and discount claimed in earlier period but not confirmed by buyer.

New clause Added

7

N. A

Less:- Total Value in which tax is not collected separately ( Inclusive of Tax with whole Amount )

New clause Added

8

In Earlier Return We have to show in inner column with the Bifurcation of Export sale and deemed Export and Import sale u/s 5(2)

N.A

Deleted

9

N.A

Deduction u/s 3 (2)

New clause Added

10

8
Computation of  Sales Tax payable Inclusive
under the MVAT Act

N. A

The systems will automatic compute sale tax liability if rate of tax is selected and the value of sale Turnover is mention.

New clause Added

11

9 Computation of Purchases Eligible for Set-off

N. A

Less:- Turnover of Purchases Covered under Form Number 234

New clause Added

12

In Earlier Return, There were no separate columns for Value for goods return and reduction in Purchase price on account of rate difference and discount.

In New Form, There are separate columns for Value for goods return and Reduction in Purchase price on account of rate difference and discount.

New clause Added

13

In Earlier Return, There was no separate column for interstate purchase against Local H Form.

In New Form, There is separate columns for Value for Interstate purchase against Local H.

New clause Added

14

No Separate column for interstate purchase against C  Form

In New Form, There are separate columns for Value for Interstate purchase against Local C and C Form 

New clause Added

15

N.A

Interstate purchases of taxable goods against declaration in Form'I'

New clause Added

16

N.A

Separate information has to be given about Within the State Purchases of Taxable goods purchase from Composition dealer u/s 42(2),(4)

New clause Added

17

N.A

Deduction u/s 3 (2)

New clause Added

18

11. Tax Rate wise breakup of within state purchases from registered dealers eligible  for set-off as per box 9(x)

Earlier we have to mentioned  tax amount manually

Input Tax is to be automatically calculated on the amount of purchases

New clause Added

19

12. Computation of set-off claimed in this return

N.A

Set-off denial on account of purchases from RCC or Composition dealer

New clause Added

20

N.A

Reduction in the amount of set-off u/r 52A with the bifurcation of capital Asset and non capital Asset

Purchase of goods on

Time of setting up

Business.

21

N.A

Denial in the amount of set-off u/r 54   of the  corresponding purchase price with the bifurcation of capital Asset and non capital Asset

 

22

N.A

Within the State Purchases of taxable goods from registered dealers under MVAT Act, 2002 and set-off not claimed.

 

23

N.A

Within the state purchases of Capital Asset from registered dealer ITC withheld for staggered manner

 

24

N.A

Reversal on account of set-off claimed  Excess in earlier return

 

25

N.A

Reduction u/r 52A, 53 and denial u/r 54 out of above( i)

 

26

N.A

Allowance of Set-off not claimed on goods return

 

27

13 A. Aggregate of credit  available  for the period covered under this return

In Earlier Return, There were no separate columns for Value for adjustment of ET Paid on goods into Local Area Act 2002 and ET Paid on Entry of Vehicle Act.

In New Return form, There are separate columns for Value for adjustment of ET Paid on goods into Local Area Act 2002 and  ET Paid on Entry of Vehicle Act.

 

28

13 B .Total  tax payable  and  adjustment  of CST/ET payable  against  available credit 

In Earlier Return, There were no separate columns for Value for adjustment of ET Paid on goods into Local Area Act 2002 and ET Paid on Entry of Vehicle Act.

In New Return form, There are separate columns for Value for adjustment of ET Paid on goods into Local Area Act 2002 and ET Paid on Entry of Vehicle Act.

 

29

N.A

Reversal on account of set-off claimed  Excess in earlier return

 

30

N.A

Reduction u/r 52A, 53 and denial u/r 54 out of above (i)

 
         
 

Form CST

     

1

V .Mode of Incentives if holding Certificate of entitlement under package scheme of incentives

In Earlier Return, Exemption and Deferment have to be shown.

Now We have to compulsory mentioned the Mode of Incentives and Type of Unit.

 

2

1 D

N.A

Credit Note , price on account of rate difference and discount

 

3

1 F

N.A

 Sales of the goods in the course of export out of India (Export Against Form-H)

Separate Column

is inserted

4

2 E

N.A

Turnover of interstate sales u/s 8(6)

SEZ Sale

5

3A

N.A

Total Value in which tax is not collected separately ( Inclusive of Tax with whole Amount )

 

6

B. Sale Taxable u/s 8 (2) ( Tax Collected Separately

N.A

New Column is inserted i.e. Quantity Sold

 

7

C. Sale Taxable u/s 8 (2) ( Tax Collected Separately

N.A

We have to show turnover of CST sale inclusive of Tax

 

How to create file for uploadin?

After manual input in preview return, to create file for uploading in validate sheet, press create file for uploading button and after that text file shall be created on desktop by TIN No.

What is the summary from above?

Always, Maharashtra Government has made various changes in E Filing return procedures in the preview of GST Act from last many years. It is tries to keeps lower rate of tax Evasion and another It will also makes changes in the automation processes and other in procedures like E- Assessment, E-Appeal Hearing Etc.

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