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Export sale under mvat return

Sneha (SERVICE ) (417 Points)

20 July 2016

How to declare export sale in new MVAT return? Is it under CST- 950 or 960?

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3 Replies

CA Shree Jain (Chartered Accountant) (1572 Points)
Replied 20 July 2016

950 – Direct Export (Inter State)

960 – Import Sales (High Seas) ( Inter State)

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Sneha (SERVICE ) (417 Points)
Replied 20 July 2016

Our export is made to Netherlands. I have put return form no as CST and transaction code as 950. But I am getting error as wrong return form no.

Please guide

Kaushik (Professional) (549 Points)
Replied 20 July 2016

TRANSACTION CODES AND ITS DESCRIPTION TO BE USED SALES ANNEXURE FOR RETURN FORM – III(E) [CST]
Transaction Codes for Sales		Transaction Code of Goods Return in relation with Main Transaction Code		Transaction Code of Rate Difference/ Discount in relation with Main Transaction Code
Transaction Code	Descripttion of Transaction type	Transaction Code	Descripttion of Transaction type	Transaction Code	Descripttion of Transaction type
100	Sales to TIN Holder (Interstate Sales excluding against Forms/ declaration)	600	Sales Goods Return for Transaction Type 100, 200, 900	700	Sales Credit Note for Transaction Type 100, 200, 900
200	Sales to Non-TIN Holder (Interstate )	600	Sales Goods Return for Transaction Type 100, 200, 900	700	Sales Credit Note for Transaction Type 100, 200, 900
300	Branch Transfer / Consignment (Interstate )	680	Sales Goods Return (Branch Transfer/ consignment ) for Transaction Type 300	780	Sales Credit Note (Branch Transfer/ consignment ) for Transaction Type 300
500	PSI Exempted Sales	600	Sales Goods Return for Transaction Type 100, 200, 500,900	700	Sales Credit Note for Transaction Type 100, 200, 500, 900
900	Sales against C Form	600	Sales Goods Return for Transaction Type 100, 200, 500,900	700	Sales Credit Note for Transaction Type 100, 200, 500, 900
910	Sales outside the State (Sales effected outside the State of Maharashtra )	610	Sales Goods Return (Outside State) for Transaction Type 910	710	Sales Credit Note (Outside State) for Transaction Type 910
920	Sales in Transit	620	Sales Goods Return (Sale in transit) for Transaction Type 920	720	Sales Credit Note (Sale in transit) for Transaction Type 920
930	Inter-state Sales to Consulate	630	Sales Goods Return (Consulate) for Transaction Type 930	730	Sales Credit Note (Consulate) for Transaction Type 930
940	Export on H Form	640	Sales Goods Return (Export against Form-H ) for Transaction Type 940	740	Sales Credit Note ( Export against Form-H ) for Transaction Type 940
950	Direct Export	650	Sales Goods Return (Direct Export) for Transaction Type 950	750	Sales Credit Note (Direct Export ) for Transaction Type 950
960	Import Sales (High Seas)	660	Sales Goods Return (Sale in the course of Import ) for Transaction Type 960	760	Sales Credit Note (Sale in the course of Import ) for Transaction Type 960
970	Interstate Sales u/s 8(6), Form-I	670	Sales Goods Return (Sales against 8(6) ) for Transaction Type 970	770	Sales Credit Note (Sales against 8(6) ) for Transaction Type 970