Wrong period MVAT return-URGENT

Now I know most of you will check the returns you have filed!!!!!

But please,before that, give me the remedies, its URGENT!!!!!!!!!

For your kind information, revised return can be filled only upto 31.12.2009 for F.Y. 2008-09.

Therefore now you cannot file revised return for F.Y. 2008-09. But as you said u have bymistakely put the date of F.Y. 2009-10, you must file re-revised return so that 1st qtr of F.Y. 2009-10.

As aforesaid now u can not file revised return for F.Y. 2008-09. But there is another provision for revised return which says dealer can file revised return within 1month from the filing of VAT Audit report.

Conclusion for you question:-

Step 1:- File revised return for 1st qtr for F.Y. 2009-10

Step 2:- Put remark for additional liability in audit report (if any).

Step 3:- File MVAT Audit Repot.

Step 4:- File revised return for F.Y. 2008-09 within 1month

In case you have any query, you can mail me;

sunil.rawat @ icai.org

bye

Thanx Sonu for your solution....!!!

But I want to ask is there any other way for rectifying this mistake for FY 2008-09 audit so that it doesnt appear in VAT audit report except than a note perhaps?

I dont want to show that dealer is in fault for not filing returns on time.

(Note: Dealer has to claim refund in all revised quarterly returns for FY 2008-09)

Is there any tax liability??

why you want to revise return?

how to file online Mvat  revised return for the period Oct07 to Mar08 in the year 2010-11