Maharashtra Govt. has issued Trade Circular on Physical submission of Audit Report in Form e 704 for F.y.17-18

On 08th March,2019, Maharashtra Government has issued Trade Circular No. 08T of 2019 regarding Physical Submission of Audit Report in Form 704 for the financial year 2017-18.

In this Circular Govt has said that “It was brought to the notice that, in case some of the dealers, Form e 704 was uploaded on a date, and, acknowledgment of the same was received after 3 to 4 days. However, the date of uploading mentioned on the acknowledgment received was a later date on which the pdf acknowledgment of form 704 received by the dealer, instead of the date on which actual uploading was done by the dealer. The issue was examined and corrective steps were taken. Dealers may now download the Acknowledgement of form e 704 afresh, from the mahagst portal, after Login on the portal with the Login credentials.

Dealers may submit the acknowledgement duly signed by him and the auditor to the Nodal Officer. Please note that, if the dealer has already submitted the certified copy of acknowledgement to the concerned Nodal officer, then there is no need to submit the same again. The dealers shall submit the following document along with the acknowledgement as mentioned above.

The copy of Acknowledgement generated after uploading of Audit Report in Form-704, duly certified with signature, stamp, seal of the dealer and Auditor, with date.
The aforesaid documents shall be submitted to the concerned Nodal Officers viz. Dy. Commissioner of State Tax, Asst. Commissioner of State Tax or  State Tax Officer. The list of Nodal Officers is available on website www.mahagst.gov.in, in what’s new Section. 

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The last date for electronic uploading of form e 704, for the financial year 2017-18 is 28th February,2019 and the last date for submission of the above documents are 10th April,2019.

Click here to read more: Trade Circular 08T of 2019


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BharaTax is an online Blog portal for reporting all the latest articles, judgments, Circulars, orders, and notifications relating to Taxation Laws in India.

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