form 704

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nisha rajani

nisha rajani (Querist)
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06 January 2010 what are the conditions under which you become liable to form 704.

CA Deepak P. Agrawal

CA Deepak P. Agrawal (Expert)
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07 January 2010 Every dealer liable to pay tax shall,â€”

(a) if his turnover of sales or, as the case may be, of purchases cases, exceed or exceeds rupees forty lakh in any year, or

(b) if he is a dealer or person who holds liquor license

get accounts audited by CA. and submit e-704 before 31/01 as per MVAT Act.