The Department of Sales Tax, Maharashtra State has issued a Circular No. 1T of 2014 dated 4th January, 2014 stating that -
In absence of amendment to Rule 58(1) and Rule 58(1A), it may not be possible to complete the audit of developers and thus in view of the same, it is administratively decided that if an Audit Report in Form 704, pertaining to developer for the period 2012-13, is filed within one month from the due date i.e. on or before 15th February, 2014, then penalty u/s 61(2) shall not be imposed.
To download the Circular
In absence of amendment to Rule 58(1) and Rule 58(1A), it may not be possible to complete the audit of developers and thus in view of the same, it is administratively decided that if an Audit Report in Form 704, pertaining to developer for the period 2012-13, is filed within one month from the due date i.e. on or before 15th February, 2014, then penalty u/s 61(2) shall not be imposed.
To download the Circular
The
Department of Sales Tax, Maharashtra State has released much awaited
List of References required for filling up the details in MVAT Audit
Form 704 for the FY 2012-13 which is required to be filed on or before
15th January 2014. To
Download the list
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