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Wrong period MVAT return-URGENT

(Guest)

I have urgent query on MVAT:

During VAT audit, we found original returns were not as per accounts.

So we told client to revise returns for whole year.

Now, for Form No.233 for 01.04.2008-30.06.2008, we by mistake wrote period 01.04.2009-30.06.2009 and filed this e-Return on 31.12.2009 (which is due date for filing all revised returns for year ended 31.03.2009.

We discovered this mistake today(12.01.2010). what are the steps to rectify this error? Can a letter to sales tax department rectify this mistake?

Reply Urgently please!!

Due date of VAT audit is 31.01.2010.

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5 Replies

(Guest)

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

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

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CA Sunil Rawat (WORKING IN BPO-NON VOICE IT SERVICE) (91 Points)
Replied 12 January 2010

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

1 Like

(Guest)

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)