09 July 2024
No, you cannot revise your MVAT return for the financial year 2016-17 now. Once Form 704 has been filed before the due date, any revisions or corrections needed should have been made before the filing deadline itself. In Maharashtra, the MVAT Act does not provide for revising returns after they have been filed, especially once they have been filed on or before the due date.
If there are errors or omissions in your originally filed MVAT return for FY 2016-17, you should consult with a tax professional or accountant to assess if there are any implications or actions that can be taken to rectify the situation, such as applying for rectification under applicable provisions if there are specific errors that need correction and are allowed under MVAT rules.
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