e-Return & e-Payment under MVAT Act

ee--paymentpayment of VATof VAT

***************************************By

CA. NIMESH DEDHIAEmail: [email protected]

ee--paymentpayment of VATof VAT

***************************************By

CA. NIMESH DEDHIAEmail: [email protected]

Applicability• e-payment is made compulsory for the

monthly return by Notification No. VAT-1510/CR-64/Taxation-1 dt.26.05.2010 w.e.f.01/06/2010

• e-payment is made compulsory for thequarterly return by Notification No. VAT-1510/CR-90/Taxation-1 dt.28.07.2010 w.e.f.01/10/2010

• Procedure for e-payment has been explainedby Trade Circular No. 8T of 2010 dt. 06-02-2010.

• e-payment is made compulsory for themonthly return by Notification No. VAT-1510/CR-64/Taxation-1 dt.26.05.2010 w.e.f.01/06/2010

• e-payment is made compulsory for thequarterly return by Notification No. VAT-1510/CR-90/Taxation-1 dt.28.07.2010 w.e.f.01/10/2010

• Procedure for e-payment has been explainedby Trade Circular No. 8T of 2010 dt. 06-02-2010.

Method of e-payment

• Banks Integrated with MSTD website

• E-payment directly from bank's website

• Banks Integrated with MSTD website

• E-payment directly from bank's website

Banks Integrated with MSTDwebsite

E-Payment Directly From Bank'sWebsite

• STATE BANK OF INDIA• STATE BANK OF HYDERABAD• STATE BANK OF TRAVANCORE• STATE BANK OF INDORE• STATE BANK OF MYSORE• STATE BANK OF BIKANER & JAIPUR• STATE BANK OF PATIALA• IDBI BANK• CORPORATION BANK• UNION BANK OF INDIA• BANK OF INDIA• BANK OF MAHARASHTRA• BANK OF BARODA• PUNJAB NATIONAL BANK• INDIAN OVERSEAS BANK• ……..

• STATE BANK OF INDIA• STATE BANK OF HYDERABAD• STATE BANK OF TRAVANCORE• STATE BANK OF INDORE• STATE BANK OF MYSORE• STATE BANK OF BIKANER & JAIPUR• STATE BANK OF PATIALA• IDBI BANK• CORPORATION BANK• UNION BANK OF INDIA• BANK OF INDIA• BANK OF MAHARASHTRA• BANK OF BARODA• PUNJAB NATIONAL BANK• INDIAN OVERSEAS BANK• ……..

Banks Integrated with MSTD website

Click Here

Fill the necessary details and the click on “Validate”

Click Here

After Clicking “PAY” Button, GRN will begenerated and payment summary Page will be

opened.

After Clicking PAY Button of PaymentSummary, you will be directed to respective

Banks Net Banking Page formaking e-Payment.

Continue with the Banks User ID & Password and follow the PaymentProcedure as directed by the respective banks and take a printout ofthe e-payment Acknowledgement.

E-Payment Directly From Bank'sWebsite

• Open Bank’s Website, for eg: open statebank’s website, do the login

Click on “E-Tax Option

On next page, select State Government& Tax Type, then click on Submit

Fill all required details, then click on submit

• After click on Submit Button, it will confirmyou again for payment of tax.

• Then after confirming, it will generate VATTax Challan.

• Save the challan to your computer & takethe print.

• After click on Submit Button, it will confirmyou again for payment of tax.

• Then after confirming, it will generate VATTax Challan.

• Save the challan to your computer & takethe print.

E-Filing of MVAT Returns

Download the e-Return forms

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Click on option “Electronic Forms”DOWNLOADING OF E-RETURN TEMPLATE

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Select Required E Return Form and Click

Download and Save on your PC

DOWNLOADING OF E-RETURN TEMPLATE

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Fill the Data in E-Return Template

Ensure all mandatory fields highlighted in RED COLOUR

are properly filled

PREPARATION OF RETURN

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Check For MICRO setting and ensure that it is kept atMedium or LowTools >> Macro >> Security level = Medium or Low.


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After setting of Micro Security LevelSave the change & close the file.

• Open the Same file again.• The following message will display.• Please select option “Enable Macro”.


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Ensure Complete Filling E- Return

Validate it by Pressing “Press To Validate” Button


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• Check for Errors on Error Sheet.


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And Ensure that there are no errors in the Return


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Save the Return on your PC and after Pressing “PRES TOVALIDATE” Button, file with “– rem” will be saved in mydocuments folder. Now this file is ready for e-filing.


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•Login to website www.mahavat.gov.inUPLOADING OF FORMS

Click Here

•Enter login as first 11 digit “TIN”•Enter Password which is created during user registration

•Select Type as “ Dealer”•Press “Submit”

EnterPasswordCreatedduring userRegistration

UPLOADING OF FORMS

Enter “TIN”first 11 Digit

Select TypeAs “ Dealer”

EnterPasswordCreatedduring userRegistration

After login Following page is displayed, with your name or TINClick on “e-Return” link

LOGIN

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After clicking on the E-returns link following page will bedisplayed, Browse for the saved forms on Your PC , thenclick on button Validate & upload.

UPLOADING THE RETURN

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An acknowledgemen is generated after Successful uploadingof E Returns.

ACKNOWLEDGEMENT

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In case of errors in form “ Error Report is generated”. Pleasecorrect the data to make error free and UPLOAD E Return again

•Press Print to take print out Or Click on

Download as PDF and Save to our Computer

ACKNOWLEDGEMENT

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No Need for Sbmission of Signed Hard Copy toDepartment after Sumitting E-Enrollment

SUBMISSION OF COPY OF ACKNOWLEDGEMENT

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Thank you

Email: [email protected]

e-Return & e-Payment under MVAT Act

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Transcript of e-Return & e-Payment under MVAT Act