Revise return u/s 20 (4)(b)

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 January 2014 when i filed the revise return u/s 20 (4) (b) they ask for annual period return but client is covered under quarterly return so what is the period for revise return u/s 20 (4) (b) for the f.y. 2012-2013 ?

Aditya Maheshwari

Aditya Maheshwari (Expert)
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27 January 2014 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.

Querist : Anonymous

Querist : Anonymous (Querist)

27 January 2014 thank you aditya so in this case my revise return u/s 20 (4)(b) periodicity will be 01.04.2012 to 31.03.2013. right??

Aditya Maheshwari

Aditya Maheshwari (Expert)
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28 January 2014 Yes periodicity would be annual and period 01.04.2012-31.03.2013

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