Hello Sir / Madam
Can i know the revision of returns as per sections?
2 Replies
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 22 October 2012
Mr RG Verma,
As per sec 20 of MVAT Act revised retrurns can be filed by a dealer when he notices some ommissions or errors in his returns,or when the assessing observes some errors and issues a notice. on his own,a trader , can revise his returns within 10 months after the end of period to which such return belongs.Along with the revised returns ,if necessary, additional tax is to be paid with interest and penalyt as per rules......MJK
Vishal
(SR. Executive)
(69 Points)
Replied 25 October 2012
my question is out of maharashtra sales (CST) can set off against purchase within state or we needs to pay CST amount to Govt???
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