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e-Audit Form 704

from

Tally.ERP 9

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Version: e-Audit Form 704 from Tally.ERP 9/4.51/March 2013

Contents

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Contents

e-Audit Form 704

1.1 Introduction ....................................................................................................................................... 1

1.2 e-Form 704 in Tally.ERP 9 ............................................................................................................... 21.2.1 Details Captured from Form 704 Dashboard of Tally.ERP 9 ................................................................... 2

1.2.2 Details Directly exported to e-Form 704 from Tally.ERP 9 ..................................................................... 2

1.3 Exceptions ......................................................................................................................................... 3

1.4 Generating Form 704 with Audit Details using Tally.ERP 9 ........................................................... 3

1.5 Part 1 .................................................................................................................................................51.5.1 Audit Report and Certification .................................................................................................................. 5

1.5.2 Form 704 ................................................................................................................................................. 10

1.6 Part 2 ...............................................................................................................................................111.6.1 General Information about Dealer’s Business ........................................................................................ 11

1.6.2 Form 704 ................................................................................................................................................. 13

1.7 Schedule I ....................................................................................................................................... 13

1.8 Schedule II ...................................................................................................................................... 16

1.9 Schedule III ..................................................................................................................................... 20

1.10 Schedule IV ................................................................................................................................... 24

1.11 Schedule V .................................................................................................................................... 24

1.12 Schedule VI ................................................................................................................................... 24

1.13 Annexure A ................................................................................................................................... 26

1.14 Annexure B ................................................................................................................................... 27

1.15 Annexure C ................................................................................................................................... 28

1.16 Annexure D ................................................................................................................................... 28

1.17 Annexure E ................................................................................................................................... 29

1.18 Annexure F ................................................................................................................................... 29

1.19 Annexure G ................................................................................................................................... 30

1.20 Annexure H ................................................................................................................................... 30

1.21 Annexure I .................................................................................................................................... 31

1.22 Annexure J .................................................................................................................................... 311.22.1 Section 1 ................................................................................................................................................. 31

1.22.2 Section 2 ................................................................................................................................................. 32

1.22.3 Section 3 ................................................................................................................................................. 32

1.22.4 Section 4 ................................................................................................................................................. 32

1.22.5 Section 5 ................................................................................................................................................. 33

1.22.6 Section 6 ................................................................................................................................................. 33

1.23 Annexure K ................................................................................................................................... 34

1.24 E-VAT Export Procedure ............................................................................................................. 34

1.25 Conclusion .................................................................................................................................... 35

1.26 Contact Us ..................................................................................................................................... 36

e-Audit Form 704

IntroductionThe Commercial Taxes Department of Maharashtra has introduced electronic filing of Audit Report in Form 704. The Form 704 has to be filed using the Excel Template file available for download from the Department website www.mahavat.gov.in. Download the template FORM-704.xls to Tally.ERP 9 installed folder. The current period at Gateway of Tally and the financial year of data to be exported needs to be the same. Each time while exporting the data from Tally.ERP 9 to template file ensure that fresh template is placed in the export location to avoid over-writing of information.

Every Registered dealer whose turnover is in excess of Rs. 40 lakhs in the previous financial year has to get the VAT details of the business audited from a practising Chartered Accountant or Cost Accountant. The auditor has to record the audit findings in Form 704 and sign the audit report. This Audit Report has to be uploaded in electronic format to the Department website through a valid Login ID and Password.

The Department will allot Login ID and Password for accessing the Commercial Tax website and filing returns to the Registered Dealers having valid TIN and CST Registration number. The regis-tered dealers need to file the audit report in electronic format if all the criteria as prescribed by the department are satisfied.

The Auditor needs to conduct the audit on the books of accounts of every eligible dealer under section 61 of Maharashtra Value Added Tax Act, 2002 even if the same is done under any other Acts of the Statute as in force for the time being. For example, Tax Audit u/s 44B of Income Tax Act, 1961, Central Excise Act etc.

Form 704 in Tally.ERP 9

The facility to enter the audit details and export the information to the revised template was intro-duced in Tally.ERP 9 Release 2.1 compatible with Stat.900 version 132.

In Tally.ERP 9 Release 3.32 compatible with Stat.900 version 164, the functionality is enhanced to facilitate export of taxable purchase and sales details to Annexures J1 and J2 templates. The Stat.900 Version 164 available in the Download centre of www.tallysolutions.com website supports this enhanced functionality.

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www.mahavat.gov.in

http://experts.tallysolutions.com/tallyweb/modules/operation/extranet/CXERPDownloadViewMgr.php

www.tallysolutions.com

e-Audit Form 704

1.1 e-Form 704 in Tally.ERP 9

1.1.1 Details Captured from Form 704 Dashboard of Tally.ERP 9

1.1.2 Details Directly exported to e-Form 704 from Tally.ERP 9

The following information pertaining to e-Form 704 can be captured in Tally.ERP 9:

Worksheet of Form 704 Details Captured from Form 704 Dashboard

Letter of Submission Dealer’s Acceptance, VAT and CST amount with reasons for non-acceptance by the dealer

Part 1 Audit Report with Certification and Dealer’s Acceptance on Auditor’s Recommendation

Part 2 General & Business information of the Dealer

Sch I As per Audit values of Form 231

Sch II As per Audit values of Form 232

Sch III As per Audit values of Form 233

Sch VI As per Audit values of CST Form III (E)

Annexure_C Details of TDS Certificates Received

Annexure_D Details of TDS Certificates Issued

Annexure_F Previous Year values entered for Financial Ratios

Annexure_K Determination of Gross Turnover with Reconciliation

Worksheet of Form 704 Details Captured from Tally.ERP 9

Letter of Submission Acceptance or non-acceptance of auditor’s recommendations by dealer for VAT and CST

Sch I Details of Form 231

Sch II Details of Form 232

Sch III Details of Form 233

Sch VI Details of CST Form III (E)

Annexure_A VAT Payment Details

Annexure_B CST Payment Details

Annexure_E Computation of Purchases and set-off

Annexure_F Values of current period for calculating Financial Ratios

Annexure_G Report on sales against declaration Forms - C and C+E1/E2

Annexure_H Report on Non-Receipt of Form H

Annexure_I Report on Non-Receipt of Declaration Forms other than Form H

Annexure_J_Sec 1 Party-wise details of taxable sales

Annexure_J_Sec 2 Party-wise details of taxable purchases

Annexure_J_Sec 3 Customer-wise details of debit/credit notes

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e-Audit Form 704

1.2 ExceptionsThe details of Schedule IV and V will not be captured as Form 234 and 235 are NOT provided in Tally.ERP 9. However, the user can enter the information in Sch IV and Sch V worksheets of Form 704 template file.

1.3 Generating Form 704 with Audit Details using Tally.ERP 9Go to Gateway of Tally > Display > Statutory Reports > VAT

Figure 1.1 VAT Reports menu


Annexure_J_Sec 4 Supplier-wise details of debit/credit notes

Annexure_J_Sec 5 Party-wise details of exports

Annexure_J_Sec 6 Party-wise details of inter-state purchases, imports, imports (high seas), purchases against form E1/E2 and consignment/branch transfer inwards

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e-Audit Form 704

Click on Audit Forms to view the options for Audit Details and Form 704.

Figure 1.2 Audit Forms menu

Audit Details: Using this option, the auditor can record the audit related information. There are various fields provided in this menu. In these fields, the auditor can enter the information pertain-ing to Audit of Dealer's VAT transactions along with general and business related information of the dealer in the required format.

EForm 704: Using this option, the complete information of Return Forms and the audit details captured in Tally.ERP 9 can be exported to the Excel Template file - Form-704.xls.

EForm 704-J1: Using this option, the details of taxable purchases can be exported to the excel template file - e_704_annexturej1.xls

EForm 704-J2: Using this option, the details of taxable purchases can be exported to the excel template file - e_704_annexturej2.xls

In Tally.ERP 9 go to Audit Forms menu and click on the Audit Details option to view dashboard of Form 704.

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e-Audit Form 704

The Form 704 dashboard displays as shown:

Figure 1.3 Form 704 Dashboard

In the Form 704 dashboard, the information as per the Auditors' requirement has to be entered in the respective menus. To move from one menu to another use Arrow (up and down) Keys.

1.4 Part 1

1.4.1 Audit Report and Certification

In Part I, the details related to verification, certification, computation of VAT and CST liability and the auditor's recommendation to the dealer need to be recorded. All these details can be provided in Tally.ERP 9 and when the same is exported, the information will be captured in the appropriate fields of template file - Form 704.

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e-Audit Form 704

1. Audit Information

The dates of various audit conducted with name of the auditor can be provided in Part 1 - 1(A-C) Audit Information in Form 704 dashboard of Tally.ERP 9.

Figure 1.4 Part I – Audit Information

Some of the audit details required to be entered is given below:

The dates on which the Profit & Loss Account / Income & Expenditure Account, Balance Sheet etc. were audited

Date on which Statutory Audit was conducted

Name of the person/firm conducting audit

2. Return Information

The Return related information can be provided in Part 1 - Table 1 Returns Information in Form 704 dashboard of Tally.ERP 9.

Figure 1.5 Part I – Return Information

Some of the verifications done by the auditor are given below:

Periodicity of filing return whether Annual/monthly/quarterly/six-monthly

Verification pertaining to maintenance of stock register, Returns being filed for the audit period, CST returns filed etc.

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e-Audit Form 704

3. Certification Remarks

The Auditor will certify various details and the same can be provided in Part 1 - Certification Remarks in Form 704 dashboard of Tally.ERP 9.

Figure 1.6 Part I – Certification Remarks

Some of the certifications are given below:

Information and explanation provided by the dealer

Maintenance of Books of accounts, registers, sales tax records etc. as per the MVAT Act and CST Act

Gross turnover of sales and purchase determined for the tax period

Adjustment entries made against sales and purchases with supporting documents

Computation of tax and admissible set-off value

Sales made against declaration forms

Records of receipt and dispatch of goods

Examination of bank statements and its reconciliation with books of accounts

Visit made to dealer's principal place of business

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e-Audit Form 704

4. Computation of Tax Liability under MVAT Act, 2002

The Auditor can enter the details pertaining VAT liability in Part 1 - Table 2 Computation of Tax Liability under MVAT Act, 2002 in Form 704 dashboard of Tally.ERP 9.

Figure 1.7 Part I – Computation of Tax Liability under MVAT Act, 2002

Some of the information on computation of VAT liability is given below:

Amount of tax paid inclusive of interest as per Annexure A

Tax credit computed on considering the TDS details as per Annexure C

Refund amount adjusted against tax dues

Interest computed u/s 30(2) and 30(4)

5. Computation of Tax Liability under CST Act, 1956

The Auditor can enter the details of CST liability in Part 1 - Table 3 Computation of Tax Liability under CST Act, 1956 in Form 704 dashboard of Tally.ERP 9.

Figure 1.8 Part I – Computation of Tax Liability under CST Act, 1956

Some of the information on computation of CST liability is given below:

Amount of CST paid inclusive of interest as per Annexure B

Interest computed u/s 9(2) read with Section 30(2) and 30(4) of MVAT Act

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e-Audit Form 704

6. Classification of Additional Dues and Refunds

The Auditor can enter the details pertaining VAT liability in Part 1 – Table 5 Classification of Additional Dues and Refunds in Form 704 dashboard of Tally.ERP 9.

Figure 1.9 Part I – Classification of Additional Dues and Refund

Some of the information fields on reasons for additional dues and refunds are given below:

Difference in taxable turnover

Disallowance of Branch/consignment transfers, high seas sales, other non-admissible claims, inter-state sales or sales u/s 6(2) of CST Act.

Additional tax liability due to absence of declarations and certificates

Computation of tax at worng rates

Excess claim of set-off or refund

Total of interest and VAT/CST liability payable

7. Qualifications or Remarks

The qualifications or remarks on the determination of tax liability given by the auditor can be provided in Part 1 – Qualifications & Remarks for Tax Liability in Form 704 dashboard of Tally.ERP 9.

Figure 1.10 Part I – Qualifications & Remarks for Tax Liability

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e-Audit Form 704

8. Auditors Recommendations & Details

The recommendations given by the auditor and the details of dealer can be provided in Part 1 – Auditors Recommendations & Details in Form 704 Dashboard of Tally.ERP 9.

Figure 1.11 Part I – Auditors Recommendations & Details

Some of the recommendations are given below:

Payment of additional tax liability if any

Excess refund claimed to be reversed

Additional refund to be claimed

Revised tax liability and closing balance of cumulative quantum benefits

Interest liability u/s 30(2) and 30(4)

Name, address details, membership number, e-mail ID and telephone number of auditor (chartered accountant / cost accountant)

Date on which the auditor has signed the audit report

Enclosures of audit reports with balance sheet, profit & loss account / income & expendi-ture account.

1.4.2 Form 704

In Form 704, the Financial Period is captured in DD/MM/YYYY format.

The Mailing Name as entered in the Company Creation screen is displayed in the field – The audit of M/s.

The VAT TIN (Regular) and the Inter-State Sales Tax Number entered in F3: Statutory & Taxation features screen is captured in holder of Tax Payer Identification Number and under the Maharashtra Value Added Tax Act, 2002 (hereinafter referred to as "the MVAT Act") and Tax Payer Identification Number fields respectively.

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e-Audit Form 704

1.5 Part 2

1.5.1 General Information about Dealer’s Business

1. Related Information under other Acts

The registration details of the dealer like the R.C. number, E.C number, Eligibility certificate number, entitlement certificate number, EEC number, Import Export code, service tax registration number etc. obtained under various Acts can be provided in Part 2 – 1C Related Information under other Acts in Form 704 Dashboard of Tally.ERP 9.

Figure 1.12 Part II – Registration Details

2. Business Related InformationThe dealer’s business details can be specified in Part 2 – 2(A-I) Business Related Informationin Form 704 Dashboard of Tally.ERP 9.

The dealer's business details like the type of dealer, constitution of business, description of business activity, commodities dealt with, address of place of business where the books of accounts are maintained, name of accounting software, change in accounting system/product line/method of valuation/accounting system, new business activity, and working capital etc. can be provided.

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e-Audit Form 704

The Part II Business Details screen displays as shown:

Figure 1.13 Part II – Business Details

3. Activity Code wise Information

The Activity code, activity description, turnover, rate of tax and tax amount can be specified in Part 2 – 3 Activity Code wise Information in Form 704 Dashboard of Tally.ERP 9.

Figure 1.14 Part II – Activity Code

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e-Audit Form 704

1.5.2 Form 704

In Part II of Form 704, the Financial Period is captured in DD/MM/YYYY format.

The Mailing Name as entered in the Company Creation screen is displayed in the field – The audit of M/s.

The VAT TIN (Regular) and the Inter-State Sales Tax Number entered in F3: Statutory & Taxation features screen is captured in holder of Tax Payer Identification Number and under the Maharashtra Value Added Tax Act, 2002 (hereinafter referred to as "the MVAT Act") and Tax Payer Identification Number fields respectively.

In Particulars of the Bank Account(s) maintained during the period under Audit section, the details are captured as per the information provided in the bank ledger master. To capture correct details, bank ledger needs to be grouped under Bank Accounts and the account number, branch name and BSR code has to be entered in the A/c No., Branch Name and BSR Code fields of the ledger master.

1.6 Schedule IIn Schedule I, the details of Form 231 are captured.

In the Applicable field displayed in Schedule I navigated from Part 3 – Schedule I – Form 231of Form 704 dashboard of Tally.ERP 9, select Yes to export the details and validate the sheet – Sch I of Form 704 template file else set it to No. Also the values in As per Audit columns needs to be entered in Schedule I screen.

Figure 1.15 Schedule I

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e-Audit Form 704

Information Captured in Form 704

The TIN and tax period is captured in the first row of the Form 704.

In Section 1 – Computation of Net Turn-Over of Sales liable to tax, the values are captured as given below:

Box 1(a) - Gross Sales Turnover

Box 1(c) - Net sales i.e. box 1(a) – 1(b)

Box 1(d) - Sales Return, Reduction in Sales due to change in price consideration and Discount

Box 1(e) - Value of box 1(a) - [box (b) + box (d)]

Box 1(f) - Consignment Branch Transfer within the state

Box 1(g) - Inter-state Sales, Consignment/Branch Transfer Outward etc.

Box 1(h) - Sale of Tax Free goods

Box 1(i) - Sales of Exempted goods

Box 1(j) - Labour Charges

Box 1(k) - Other Allowable Deduction

Box 1(l) - Value of box 1[(c) - (d+e+f+g+h+i+j+k)]

Note: The box 1(b) is currently left blank.

In Section 2 – Computation of tax payable under the MVAT Act is displayed based on percent-age of tax rate. The values of Sales Tax Collected in Excess of Form 231 are captured in box 2(A).

In Section 3 – Computation of Purchases Eligible for Set-off, the values are captured as given below:

Box 3(a) - Gross Purchases including tax

Box 3(c) - Value of box 3(a) - 3(b)

Box 3(d) - Purchase Return, Reduction in purchases due to change in price consideration and Discount

Box 3(e) - Direct Import

Box 3(f) - High seas Purchases

Box 3(g) - Inter-state Purchase

Box 3(h) - Inter-state Branch Transfer

Box 3(i) - Consignment/Branch Transfer within the state

Box 3(j) - Purchases from Un-Registered Dealers

Box 3(k) - Purchase not eligible for set-off

Box 3(l) - Purchase of Exempt goods

Box 3(m) - Purchase - Tax Free goods

Box 3(n) - Other Allowable Deduction

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e-Audit Form 704

Box 3(o) - Value of box [(c) - (d+e+f+g+h+i+j+k+l+m+n)]

Note: The box 3(b) is currently left blank.

In Section 4 – Tax rate wise break-up of Purchases from registered dealers eligible for set-off as per Box 3(o) above, the purchases are captured rate-wise and displayed.

In Section 5 – Computation of Set-off claimed for the period under audit, the values are captured as given below:

Box 5(a) - Local purchases made from registered dealers

Box 5(b) - Value of Reduction in Set-Off u/r 53(1) and 53(2)

Box 5(c) - Value of Reduction in Set-Off under any other sub-rule of 53

Box 5(d) - Amount of set-off available as per box 5[(a) - (c+b)]

In Section 6 – Computation of tax payable there are three sections as given below:

Section 6A – Aggregate of credit available for the period covered under audit

Section 6B – Sales tax payable and adjustment of CST / ET payable against available credit

Section 6C – Tax payable or Amount of Refund Available

In Section 6A – Aggregate of credit available for the period covered under audit, the values are captured as given below:

Box 6(A)(a) - Total Tax Eligible for set-off

Box 6(A)(b) - Tax Paid along with the Return

Box 6(A)(c) - Excess Credit if any

Box 6(A)(d) - Entry Tax Paid along with the Return

Box 6(A)(e) - Refund Order if any with the Return

Box 6(A)(f) - The details of any other credit available

Box 6(A)(g) - Total available credit (a+b+c+d+e+f)

In Section 6B – Sales tax payable and adjustment of CST / ET payable against available credit, the values are captured as given below:

Box 6(B)(a) - Sales Tax Payable

Box 6(B)(b) - Interest Payable with the Return

Box 6(B)(c) - Excess credit adjusted against amount payable

Box 6(B)(d) - CST Adjustment with the Return

Box 6(B)(e) - Entry Tax payabe on the entry of goods into Local Area

Box 6(B)(f) - Excess tax credit carried forward to next subsequent period

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e-Audit Form 704

Box 6(B)(g) - The value of box 2A is displayed here

Box 6(B) - Total amount is captured

In Section 6C – Tax payable or Amount of Refund Available, the values are captured as given below:

Box 6(C)(a) - Total Amount payable as per Box 6B(g)

Box 6(C)(b) - Aggregate of Credit Available as per Box 6A(g)

Box 6(C)(c) - Total Amount Payable (a-b)

Box 6(C)(d) - Total Amount Refundable (b-a)

1.7 Schedule IIIn the Applicable field displayed in Schedule II navigated from Part 3 – Schedule II – Form 232of Form 704 dashboard of Tally.ERP 9, select Yes to export the details and validate the sheet - Sch II of Form 704 template file else set it to No. Also the values in As per Audit columns needs to be entered in Schedule II screen.

Figure 1.16 Schedule II

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e-Audit Form 704

Information captured in Form 704


Box 1 - Gross Turnover liable to composition

Box 3 - Balance turnover liable to composition

Note: Box 2 will be currently left blank.

In Section 4 – RETAILER, the values are captured as given below:

Box 4(a) - Gross Turnover

Box 4(b) - Turnover of Sale of goods excluding composition scheme

Box 4(c) - Sales Returns

Box 4(d) - Net taxable sales

In Section 5 – RESTAURANT, CLUB, CATERER ETC, the value of Sales displayed in box 7(a) of Form 232 is captured in Box 5(a).

In Section 6 – BAKER, the value of Sales displayed in box 8(a) of Form 232 is captured in Box 6(a).

In Section 7 – SECOND HAND MOTOR VEHICLES DEALER, the values of Form 232 are captured as given below:

Box 7(a) - Total Sales Turnover

Box 7(b) - Deductions

Box 7(c) - Net taxable sales

In Section 8 – Total Turn-Over of Sales liable to tax under composition option [4(d) +5(a) +6(a) +7(c)], the value of box 4(d)+5(a)+6(a)+7(c) is displayed.

In Section 9 – Computation of Tax Payable under the MVAT Act, the break-up of tax payable amount based on percentages displayed in box 11 of Form 232 is captured here.

In Section 10 – Computation of Purchases Eligible for Set-off, the values of Form 232 are captured as given below:

Box 10(a) - Turnover of Purchase

Box 10(c) - Balance purchase turnover (a) - (b)

Box 10(d) - Break-up of Tax payable amount based on percentages


Box 10(f) - Imports (High Seas Purchase)

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e-Audit Form 704

Box 10(g) - Inter-state Purchases

Box 10(h) - Interstate Branch Transfer

Box 10(i) - Consignment Branch Transfers within the State

Box 10(j) - Purchases made from unregistered dealers within the State

Box 10(k) - Purchases not eligible for set-off

Box 10(l) - Purchase of exempt goods

Box 10(m) - Purchase of Tax Free goods

Box 10(n) - Value of other deduction

Box 10(o) - Value of box [c]-[d+e+f+g+h+i+j+k+l+m+n]

Note: The values of Box 10(b) is currently left blank.

In Section 11 – Tax rate wise break-up of Purchases from registered dealers eligible for set-off as per Box 10(o) above

The rate-wise break-up of taxable purchases are captured in the respective fields of this section.

In Section 12 – Computation of set-off claimed for the period under audit, the value of Form 232 will be captured as given below:

Box 12(a) - Taxable purchases made from registered dealers (as per box 11)

Box 12(b) - Reduction in set-off u/r 53 (1) and 53 (2)

Box 12(c) - Reduction in set-off under sub-rule 53

Box 12(d) - Total value is captured here.

Section 13 – Computation of Tax Payable

In Section 13(A) – Aggregate of credit available for the period covered under this form 704, the value of Form 232 is captured as given below:

Box 13A(a) - Set-off value as per box 12(d)

Box 13A(b) - Amount Already Paid

Box 13A(c) - Excess credit adjusted against the payable value

Box 13A(d) - Entry Tax Paid (Local)

Box 13A(e) - Refund Order

Box 13A(f) - Details of any other credits

Box 13A(g) - Total value is captured (a+b+c+d+e+f)

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e-Audit Form 704

In Section 13(B) – Sales tax payable and adjustment of CST / ET payable against available credit, the value of Form 232 is captured as given below:

Box 13B(a) - Sales tax payable as captured in box 9

Box 13B(b) - Excess credit adjusted against the payable value

Box 13B(c) - CST Adjustment

Box 13B(d) - Entry Tax

Box 13B(e) - Excess Tax credit carried forward to subsequent period

Box 13B(f) - Interest Payable

Box 13B(g) - Total value is captured here.

Note: Box 13B(e) is currently left blank.

In Section 13(C) – Tax payable or Amount of Refund Available, the values are captured as given below:

Box 13C(a) - Amount payable as per box 13B(g)

Box 13C(b) - Aggregate of credit available as per box 13A(g)

Box 13C(c) - Total amount payable i.e., Value of box 13C(a) - 13C(b)

Box 13C(d) - Total Amount refundable i.e., box 13C(b) - 13C(a)

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e-Audit Form 704

1.8 Schedule IIIIn the Applicable field displayed in Schedule III navigated from Part 3 – Schedule III – Form 233 of Form 704 dashboard of Tally.ERP 9, select Yes to export the details and validate the sheet - Sch III of Form 704 template file else set it to No. Also the values in As per Audit columns needs to be entered in Schedule III screen.

Figure 1.17 Schedule III


PART–A: 1) Computation of Net Turnover of Sales liable to tax:

In this section, the values are captured as given below:

Box 1(a) - Gross Turnover

Box 1(c) - Value of box 1(a) - 1(b)

Box 1(d) - Sales Returns including change in price consideration and discount

Box 1(e) - Value of box 1(c) - 1(d)

Box 1(f) - Turnover of sales under composition scheme captured in Part B

Box 1(g) - Turnover of sales under composition scheme captured in Part C

Box 1(h) - Turnover of sales under composition scheme captured in Part D

Box 1(i) - Value of box 1(e) - [1(f)+(g)+(h)]

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e-Audit Form 704

Box 1(j) - Tax Amount as displayed in box 6(h)

Box 1(k) - Consignment/Branch Transfer within State

Box 1(l) - Inter-state Sales, Exports and Consignment/Branch Transfer Outward

Box 1(m) - Sale of Taxable goods fully exempted u/s 8

Box 1(n) - Non - taxable Labour Charges

Box 1(o) - Amount paid by way of sub-contract

Box 1(p) - Sale of tax free goods

Box 1(q) - Labour Charges

Box 1(r) - Other allowable deductions

Box 1(s) - Tax liability - [(i) - (j+k+l+m+n+o+p+q+r)]

Note: Box 1(b) is currently left blank.

PART–B: 2) Computation of Net Turnover of Sales liable to tax under Composition:


Box 2B(a) - Turnover of Retail Sales

Box 2B(b) - Turnover of Sales excluded from composition scheme

Box 2B(c) - Allowable Deductions and Returns

Box 2B(d) - Value of box 2B(a) - [2B(b)+2B(c)]

Box 2C(a) - Turnover of Sales to Restaurant

Box 2D(a) - Turnover of Sales to Bakers

Box 2E(a) - Sales of Second Hand Vehicle

Box 2E(b) - Allowable reduction on sale of second hand vehicles

Box 2E(C) - Value of box 2E(a) - 2E(b)

Box 2F- Value of box [2B(d)+2C(a)+ 2D(a)+2E(c)]

PART–C: 3) Computation of net turnover of sales relating to on-going works contracts liable to tax under section 96(1)(g) the MVAT Act, 2002: Reduction of set-off on correspond-ing purchases to be shown in Box 1(g)


Box 3(a) - Turnover of on-going works contract under composition scheme

Box 3(b) - Turnover of Exempt Sales

Box 3(c) - Allowable reduction u/s 6

Box 3(d) - Allowable reduction u/s 6 (A)

Box 3(e) - Value of [(a)]-[(b+c+d)]

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e-Audit Form 704

PART–D: 4) Computation of net turnover of sales relating to on-going leasing contracts liable to tax under Section 96(1) (f) of the MVAT Act, 2002:


Box 4(a) - Sale of on-going lease contract under composition scheme

Box 4(b) - Turnover of Exempt Sales relating to On-going Leasing Contract

Box 4(c) - Net taxable sales i.e., value of box 4(a) - 4(b)

5) Computation of tax payable under the MVAT Act: The rate-wise break-up of VAT liability is captured here.

5A) Sales Tax collected in Excess of the Amount Tax payable: The amount of sales tax payable is captured here.

6) Computation of Purchases Eligible for Set-off


Box 6(a) - Purchase Turnover

Box 6(c) - The value of box 6(a) - 6(b) is captured here.

Box 6(d) - Purchase Returns, change in price consideration and discount


Box 6(f) - Import (High Seas Purchase)

Box 6(g) - Inter-state Purchase

Box 6(h) - Interstate Consignment Branch Transfer

Box 6(i) - Consignment/Branch Transfer within state

Box 6(j) - Purchase from URD within state

Box 6(k) - Purchase not eligible for set-off

Box 6(l) - Purchase of Exempt goods

Box 6(m) - Purchase Tax Free goods

Box 6(n) - Other Allowable Deductions

Box 6(o) - Value of box (c) - (d+e+f+g+h+i+ j+k+l+m+n)

Note: Box 6(b) is currently left blank.

7) Tax rate wise break-up of Purchases from registered dealers eligible for set-off as per Box 6(o) above: The purchases are captured rate-wise.

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e-Audit Form 704

8) Computation of set-off claim


Box 8(a) - Purchase from registered dealers within the state as per box 7.

Box 8(b) - Reduction in set-off u/r 53(1) and Reduction in set-off u/r 53(2).

Box 8(c) - Reduction in set-off u/r 53.

Box 8(d) - Value of box 8(a) - [8(b) + 8(c)]

9) Computation of Tax Payable

9A) Aggregate of credit available


Box 9A(a) - Set-off value as per box 8(d)

Box 9A(b) - Amount Paid

Box 9A(c) - Excess credit adjusted against the payable value

Box 9A(d) - Entry Tax Paid

Box 9A(e) - Refund

Box 9A(f) - Details of any other credits

Box 9A(g) - Total value of tax credit (a+b+c+d+e+f)

9B) Sales tax payable and adjustment of CST / ET payable against available credit


Box 9B(a) - Sales tax / VAT liability as per box 5.

Box 9B(b) - Excess credit adjusted

Box 9B(c) - CST Adjustment

Box 9B(d) - Value of Entry Tax Payable

Box 9A(e) - Excess tax credit carried forward to subsequent period

Box 9B(f) - Sales tax payable as per box 5A

Box 9B(g) - Interest Paid

Box 9B(h) - Value of box 9B(a)+9B(b)+9B(c)+9B(d)+9B(e)+9B(f)

9C) Tax payable or Amount of Refund Available


Box 9C(a) - Total Amount payable as per Box 9B(g)

Box 9C(b) - Aggregate of Credit Available as per Box 9A(g)

Box 9C(c) - Total Amount Payable, i.e. box 9C(a) - 9C(b)

Box 9C(d) - Total Amount Refundable i.e., box 9C(b) - 9C(a)

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e-Audit Form 704

1.9 Schedule IVIn Schedule IV, the details of Form 234 need to be entered. As the Form 234 is not provided in Tally.ERP 9, the user has to manually enter the information in Sch IV worksheet of Form 704 template file. In the Form 704 template file, select Yes in the Applicable field to validate the infor-mation entered if any, else set it to No.

1.10 Schedule VIn Schedule V, the details of Form 235 need to be entered. As the Form 235 is not provided in Tally.ERP 9, the user has to manually enter the information in Sch V worksheet of Form 704 template file. In the Form 704 template file, select Yes in the Applicable field to validate the infor-mation entered if any, else set it to No.

1.11 Schedule VIIn the Applicable field displayed in Schedule VI navigated from Part 3 – Schedule VI – Form III E of Form 704 dashboard of Tally.ERP 9, select Yes to export the details and validate the sheet - Sch VI of Form 704 template file else set it to No. Also the values in As per Audit columns needs to be entered in Schedule VI screen.

Figure 1.18 Schedule VI


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e-Audit Form 704

1. Computation of tax liability under CST Act: In this section, the values are captured as given below:

Box 1 - Gross sales turnover

Box 1(a) - Turnover of Sales within State

Box 1(b) - Turnover of Interstate Sales u/s 6 (3)

Box 1(c) - Sales Returns

Box 1(d) - Sale of Goods outside the State

Box 1(e) - Sales in the course of exports out India

Box 1(f) - Sale in the course of Import into India

Box 1(g) - Value of Goods Transferred

Box 1(h) - Value of Exempted Goods

2. Balance:-Inter-State sales on which tax is leviable in Maharashtra State [1]- (a+b+c+d+e+f+g+h)]: In this section, the values are captured as given below:

Box 2(a) - Cost of Freight

Box 2(b) - Zero Rated Sales

Box 2(c) - Sales u/s 6 (2)

Box 2(d) - Inter-state sales exempt from tax

3. Balance:-Total Taxable inter-state sales [2]-[a+b+c+d]: The value taxable inter-state sale, i.e., box 2 - [a+b+c+d] is captured.

4. Less:-Deduction u/s 8A(1)(a): The Deductions are captured here.

5. Net Taxable interstate sales (3-4): The value of box 3- 4 is captured here.

6A. A. Sales Taxable U/s. 8 (1) and section 8(1) read with 8(5): The rate-wise break-up of taxable Sales U/s. 8(1) is captured here.

6B. Sales Taxable U/s. 8 (2): The rate-wise break-up of taxable Sales U/s. 8(2) is captured here.

6C. Sales Taxable U/s. 8 (5): The rate-wise break-up of taxable Sales U/s. 8(5) is captured here.

6D. Amount of tax collected in Excess of Amount of Tax Payable: The rate-wise break-up of output VAT U/s. 8(5) is captured here.

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e-Audit Form 704

7. Computation of Central Sales Tax payable: In this section, the values are captured as given below:

Box 7(a) - Value of box 6A+6B+6C is captured.

Box 7(b) - Amount Deferred

Box 7(c) - Balance Amount Payable i.e., box 7a - 7b

Box 7(d) - Interest Payable

Box 7(e) - Total Amount Payable

8. Aggregate of credit available: The value of Excess Input adjusted with CST, amount paid, credit obtained on refund adjustment order and the total amount of credit is captured in respective fields of this section.

9. Total Amount payable (7e-8e): The value of box 7(e) - 8(e) is captured here.

10. Total Amount of Refundable (8e-7e): The value of box 8(e) - 7(e) is captured here.

1.12 Annexure AThe information provided in VAT Payment Details screen of Payment Voucher by selecting VATin Payment towards field is captured in Annexure_A worksheet of Form 704 template file.

The TIN and tax period is captured in the first row of the Form 704. The transactions will be listed from March to April.

Period

The tax period is captured based on the From and To dates entered in the VAT Payment Detailsscreen of Payment voucher. For example: If the dates are given as:

1-Oct-2009 to 31-Dec-2009, the period is Quarterly.

1-Apr-2009 to 30-Sep-2009, the period is Half-yearly.

Original Return Due Date of Payment: The return due date is captured as the 21st of the subse-quent month of the tax period.

Type of Return (Original or Revised): The Type of return selected in VAT Payment Details screen of payment voucher is captured here. For example: If Type of Payment is set to Not Appli-cable, Type of return is displayed as Original. If Revised/Fresh is selected Revised is captured. On selecting Interest, Challan is displayed.

Date of Filing: The date of filing needs to be entered manually in the Annexure_A worksheet of Form 704 template file.

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e-Audit Form 704

Amount of tax Paid: The debit value entered in payment voucher for paying the VAT liability is captured here.

Date of Payment: The Deposit Date entered in VAT Payment Details screen of payment voucher is captured here.

Amount of Interest on delayed Payment: This field is currently left blank.

Amount of Interest Paid: The amount paid by selecting Interest as the Type of Payment in VAT Payment Details screen is captured here.

Details of RAO: The debit value entered for VAT ledger in journal entry made by selecting Adjustment Towards Refund Order in the Used for field is captured here.

1.13 Annexure BThe information provided in VAT Payment Details screen of Payment Voucher by selecting CST in Payment towards field is captured in Annexure_B worksheet of Form 704 template file.

The TIN and tax period is captured in the first row of the Form 704. The transactions will be listed from March to April.

Period

The tax period is captured based on the From and To dates entered in the VAT Payment Detailsscreen of Payment voucher. For example: If the dates are given as:

1-Oct-2009 to 31-Dec-2009, the period is Quarterly.

1-Apr-2009 to 30-Sep-2009, the period is Half-yearly.

Original Return Due Date of Payment: The return due date is captured as the 21st of the subse-quent month of the tax period.

Type of Return (Original or Revised): The Type of return selected in VAT Payment Details screen of payment voucher is captured here. For example: If Type of Payment is set to Not Appli-cable, Type of return is displayed as Original. If Revised/Fresh is selected Revised is captured. On selecting Interest, Challan III E is displayed.

Date of Filing: The date of filing needs to be entered manually in the Annexure_B worksheet of Form 704 template file.

Amount of tax Paid: The debit value entered in payment voucher for paying the CST dues is captured here.

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e-Audit Form 704

Date of Payment: The Deposit Date entered in VAT Payment Details screen of payment voucher is captured here.

Amount of Interest on delayed Payment: This field is currently left blank.

Amount of Interest Paid: The amount paid by selecting Interest as the Type of Payment in VAT Payment Details screen is captured here.

Details of RAO: The debit value entered for CST ledger in journal entry made by selecting Adjustment Towards Refund Order in the Used for field is captured here.

1.14 Annexure CThe details entered on receipt of TDS Certificates in Annexure C – Details of TDS Certificates Received of Form 704 Dashboard of Tally.ERP 9 are captured in Annexure_C worksheet of Form 704 template file. The TIN and tax period is captured in the first row of the Form 704.

Figure 1.19 Annexure C

1.15 Annexure DThe details entered on issuing of TDS Certificates in Annexure D – Details of TDS Certificates Issued of Form 704 Dashboard are captured in Annexure_D worksheet of Form 704 template file. The TIN and tax period is captured in the first row of the Form 704.

Figure 1.20 Annexure D

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e-Audit Form 704

1.16 Annexure EThe computation of Purchases and set-off details are captured in Annexure_E worksheet of Form 704 template file.

Section 1: The rate-wise break-up of taxable purchases including purchase of capital goods is captured here.

Section 2: The purchases made by selecting Non-Creditable Purchases as the VAT/Tax class or VAT adjustment in journal voucher is captured here.

Section 3: The rate-wise break-up of capital goods purchased is captured here.

Section 4: The value of Journal entry recorded using the VAT Adjustment - Reduction in Value of Purchases Used As Fuel U/r 53(1) and Reduction in Value of Purchases Used in Mfg. of Tax Free Goods U/r 53(2) are captured here.

Section 5: The rate-wise break-up of taxable purchases is captured here.

Section 6: The auditor has to fill-in the details in this column.

1.17 Annexure FIn Annexure F the ratios are auto-computed and displayed. The values of previous year can be entered in Annexure F – Financial Ratios for the Audit Period of Form 704 dashboard and the ratios computed is captured in Annexure_F worksheet of Form 704 template file. The TIN and Period is captured in first row of Form 704.

Figure 1.21 Annexure F

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e-Audit Form 704

1.18 Annexure GThe report on inter-state sales recorded against declaration forms like Form C and C+E1/E2 is displayed here.

Name of the Dealer who has issued Declarations or Certificates: The name of party ledger from whom Form C, C+E1/E2 is received on account of sales made by selecting the VAT/Tax class – Interstate Sales @ 2% Against Form C, Inter State Sales Against Form - E1 and Inter State Sales Against Form - E2 is captured here.

TIN/RC Number: The TIN/Sales Tax Number specified in the ledger master of the selected party ledger is captured here.

Declaration or Certificate Type: The Forms selected while invoicing is captured here.

Issuing State: The State selected in the party ledger master selected while invoicing is captured here.

Declaration No.: The Form number entered for the selected delcaration form is captured here.

Gross amount as per invoice (Net of Goods Returned): The total value of sales recorded against a particular party by selecting a specific form type is captured here.

Amount for which declaration received: The total value of sales recorded against a particular party by selecting a specific form type as the form to receive is captured here.

1.19 Annexure HThe report on Non-Receipt of Form H is displayed here.

The TIN and period is captured in first row of Form 704.

Name of the Dealer who has not issued Declarations or Certificates: The name of party ledger from whom Form H is not received on account of sales made by selecting the VAT/Tax class – Sales (Against Form-H) is captured here.

TIN, if Applicable: The TIN/Sales Tax Number specified in the ledger master of the selected party ledger is captured here.

Invoice No.: The Sales Invoice number is captured here.

Invoice Date: The sales invoice date is captured here.

Taxable amount (Rs.) (Net): The assessable value of sales is captured here.

Rate of tax applicable (Local Rate): The VAT rate predefined in the item master is captured here.

Tax liability (Rs.): The tax value will be captured here.

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e-Audit Form 704

1.20 Annexure IReport on Non-Receipt of Declaration Forms other than Form H is captured in Annexure_I worksheet of Form 704 template file.

Name of the Dealer who has not issued Declarations or Certificates: The name of party ledger from whom the declaration Forms, for e.g. Form C (other than Form H) are not received on account of inter-state sales made is captured here.

CST TIN If any: The TIN/Sales Tax Number specified in the ledger master of the selected party ledger is captured here.

Declaration or Certificate type (Please specify)*: The declaration Forms selected in Forms to receive field of inter-state sales entries are captured here.

Invoice No.: The Sales Invoice number is captured here.

Invoice Date: The sales invoice date is captured here.

Taxable amount (Rs.) (Net): The assessable value of sales is captured here.

Tax Amount (Rs.): The CST amount collected is captured here.

Rate of tax applicable (Local Rate): The VAT rate predefined in the item master is captured here.

Amount of Tax (Column 7*9*%): The value is auto-calculated as per the formula and captured.

Differential tax liability (Rs.) (Col. 10-Col. 8): The value of column 10 - 8 is captured here.

1.21 Annexure JIn sections 1 to 4, the values are captured based on VAT amount in descending order - from highest VAT amount to lowest. In Section 5 and 6, the values are captured based on the gross amount in descending order - from highest gross value to lowest.

1.21.1 Section 1

The party-wise details of taxable sales are captured in Annexure_J_Sec 1 worksheet of Form 704 template file.

For dealers who do not have to submit e-Audit Form 704 but need to provide details of taxable sales, the facility is provided to export details to template - e_704_annexturej1.xls for e-filing.

Other Local Taxable SALES: The value of sales made by including the VAT amount in sale value using VAT inclusive voucher class is captured here.

TIN of Customer: The TIN/Sales Tax Number predefined in the selected party ledger master or entered in Party Details screen while invoicing is captured here.

Net Taxable Amount: The value of sales made by charging VAT separately is captured here.

VAT Amount: The total VAT amount charged for the customer is captured here.

Gross Total: The total invoice value i.e., column 3 + 4 is captured here.

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e-Audit Form 704

1.21.2 Section 2

The party-wise details of taxable purchases are captured in Annexure_J_Sec 2 worksheet of Form 704 template file.

For dealers who do not have to submit e-Audit Form 704 but need to provide details of taxable purchases, the facility is provided to export data to template - e_704_annexturej2.xls for e-filing.

Other Local Taxable PURCHASES: The value of purchases made by including the VAT amount in purchase value is captured here.

TIN of Supplier: The TIN/Sales Tax Number predefined in the selected party ledger master or entered in Party Details screen while invoicing is captured here.

Net Taxable Amount: The value of purchases including purchase of capital goods recorded by charging VAT separately is captured here.

VAT Amount: The total VAT amount paid to the supplier is captured here.


1.21.3 Section 3

The customer-wise details of debit/credit notes submitted are captured in Annexure_J_Sec 3 worksheet of Form 704 template file. The value of entries made in debit/credit note using the VAT Adjustments – Goods Sold Returned, Change in Sales Considerations and Others are displayed in this section.


Net Taxable Amount: The net assessable value of debit/credit notes recorded by selecting the VAT Adjustments – Goods Sold Returned, Change in Sales Considerations and Others are captured in this section.

VAT Amount: The total VAT amount charged in debit/credit note is captured here.


1.21.4 Section 4

The supplier-wise details of debit/credit notes are captured in Annexure_J_Sec 4 worksheet of Form 704 template file. The value of entries made in debit/credit to account for change in input VAT using the VAT Adjustments – Purchase Returns Or Rejected, Change in Purchase Con-siderations and Others are displayed in this section.


Net Taxable Amount: The net assessable value of debit/credit notes recorded by selecting the VAT Adjustments – Purchase Returns Or Rejected, Change in Purchase Considerations and Others are captured in this section.

VAT Amount: The total VAT amount charged in debit/credit note is captured here.


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e-Audit Form 704

1.21.5 Section 5

The party-wise details of Exports are captured in Annexure_J_Sec 5 worksheet of Form 704 template file. The value of entries made in sales invoice using the VAT/Tax class - Exports is displayed in this section.

Name of the Customer: The name of party ledger is captured here either from party master or Party Details screen.


Transaction Type: The Export sales will be captured as Direct Exports.

Gross Total: The total value of all export sales is captured here.

Major Commodity: The commodity name tagged to the stock items sold highest as exports is captured here.

1.21.6 Section 6

The party-wise details of Inter-State Purchases, Imports, Imports (High Seas), Purchases against form E1/E2 and consignment/branch transfer inwards are captured in Annexure_J_Sec 6worksheet of Form 704 template file.

The value of entries made in sales invoice using the VAT/Tax class - Inter-State Purchases, Inter-state Purchases @ 1%, Interstate Purchases @ 12.5%, Interstate Purchases @ 2% Against Form C, Interstate Purchases @ 20%, Interstate Purchases @ 4%, Interstate Purchases @ 5%, Inter-State Purchases - Baker (Composition), Imports, Imports (High Seas), Consignment/Branch Transfer Inward and Consignment/Branch Transfer Inward (Within State) is captured in this section.

Name of Supplier: The name of party ledger is captured here either from party master or Party Details screen.

TIN of Supplier: The TIN/Sales Tax Number predefined in the selected party ledger master or entered in Party Details screen while invoicing is captured here.

Transaction Type: The nature of purchase and transaction type will be captured as given below:

Interstate Purchases - OMS Purchase

Imports - Direct Import

Imports (High Seas) - High Seas Purchase

Inter-State Purchases by selecting Form E1/E2 - Purchase u/s 6(2)

Consignment/Branch Transfer Inward - Branch Transfer

Any Other Cost of Purchase: The value of additional cost entered for the above transactions will be captured here. In absence of additional cost, ‘0’ will be displayed here.

Gross Amount: The total value of the aforesaid purchases is captured here.

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e-Audit Form 704

1.22 Annexure KThe Auditor's findings and comments entered in the Annexure K – Determination of Gross Turnover with Reconciliation screen of Form 704 dashboard is captured in Annexure_Kworksheet of Form 704 template file.

Figure 1.22 Annexure K

1.23 E-VAT Export ProcedureThe steps to be followed for exporting the data are:

Download the excel template file - FORM-704.xls from Department of Sales Tax website.

Copy/save the file in Tally.ERP 9 installed folder or the desired export location.

Enter the From and To dates in the Export Report screen of Audit Form 704 in Tally.ERP 9 (in the absence of the template file, the error message - ‘FORM-704.xls does not Exists !’ will be displayed).

Accept the Export Report screen to Export the file.

Dealers who need to submit only the taxable purchase and sales details, have to download the templates - e_704_annexturej1.xls and e_704_annexturej2.xls and export data from Audit Forms menu. Care needs to be taken to ensure that these templates are downloaded from Department website and copied to the path provided as the Export Location for successful export.

To view the data being exported in print preview mode, click P: Print button in Export Report screen of EForm 704 to generate the preview. After viewing the preview of data being exported to Audit Form 704 press Esc button on keyboard, click EForm 704 in Audit Forms menu and export data to FORM-704.xls. Similarly generate preview of Annexure J1 and J2 from Export Reports screen of EForm 704-J1 and EForm 702J2 if required.

After exporting the information to excel template files, go to the Export Location, and open the Excel Template – Form 704.xls, e_704_annexturej1.xls and e_704_annexturej2.xls.

Press Validate button in Part I of Form 704.xls to validate the entire file. Alternatively, the individual sheets can be validated using the Validate button displayed in each sheet. The errors if any found during validation will be reported in the Errors sheet of the same file.

Press Validate Annexture J1 of the template - e_704_annexturej1.xls. The errors found during validation will be reported in the J1_errors sheet of the same file.

Press Validate Annexture J2 of the template - e_704_annexturej2.xls. The errors found during validation will be reported in the J2_errors sheet of the same file.

Based on the errors reported make the necessary correction and validate again.

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e-Audit Form 704

On successful validation, the validated files will be saved in Drive ‘C’.

Form 704 will be saved as FORM-704-Rem.txt.

Annexures J1 and J2 will be saved as - e_704_annexturej1-Rem.txt and e_704_annexturej2-Rem.txt respectively.

The dealer can upload this file after logging on to Department website using the Login ID and Password.

1.24 ConclusionThe e-Audit form 704 was supported since Stat.900 version 98 of Tally.ERP 9 Series A Release 1.52. The revised e-Audit Form 704 is provided in Stat.900 version 164 of Tally.ERP 9 Series A Release 3.32. The facility is provided to export the details of Form 231, 232, 233, CST Form III(E) along with audit details, Auditor's Findings, dealer's details, letter of submission etc., to template file – Form 704 for e-filing. Also, only the party-wise details of taxable purchases and sales can be exported to the templates provided for Annexures J1 and J2.

The following information pertaining to Form 704 can be captured in Tally.ERP 9:


Letter of Submission Acceptance or Non-acceptance of recommendations by the dealer

Part 1 Details of Audit and Dealer’s Acceptance on Auditor’s Recom-mendation

Part 2 General & Business information of the Dealer

Sch I Details of Form 231

Sch II Details of Form 232

Sch III Details of Form 233

Sch VI Details of CST Form III (E)

Annexure_A VAT Payment Details

Annexure_B CST Payment Details

Annexure_C Details of TDS Certificates Received

Annexure_D Details of TDS Certificates Issued

Annexure_E Computation of Purchases and set-off

Annexure_F Financial Ratios

Annexure_G Report on sales against declaration Forms - C and C+E1/E2

Annexure_H Report on Non-Receipt of Form H

Annexure_I Report on Non-Receipt of Declaration Forms other than Form H

Annexure_J_Sec 1 Party-wise details of taxable sales

Annexure_J_Sec 2 Party-wise details of taxable purchases

Annexure_J_Sec 3 Customer-wise details of debit/credit notes

Annexure_J_Sec 4 Supplier-wise debit/credit notes details

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e-Audit Form 704

Contact UsFor further clarifications reach us at:

E-mail: [email protected]

Telephone: 1800-425-8859 or 080 - 25638240


Annexure_J_Sec 5 Party-wise details of exports

Annexure_J_Sec 6 Party-wise details of inter-state purchases, imports, imports (high seas), purchases against form E1/E2 and consignment/branch transfer inwards

Annexure_K Auditor's Comments or findings

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e-Audit Form 704 from Tally.ERP 9mirror.tallysolutions.com/tallyweb/tally/tallyerp/e-Audit Form...

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