Maharashtra Value Added Tax Rules, 2005 FORMS
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Body

FORM 303 (232)

(See rule 17A and 23)

Assessment Order u/s 23 of Maharashtra Valud Added Tax Act, 2002

1. Dealer related information	Registration Certificate No			Liable to file Form 704			2. Accounting system
	Name of dealer					Date of final hearing/ show cause notice for best judgment assessment
3.Case related information	Notice issued u/s ( Drop down selection)			Read with u/s or read with u/r		Notice service date			Mode of service of notice
	Master checklist (No of items sought)			Master checklist (No of items submitted)			List of Documents "sought" but not "submitted"
4	Period covered by order	From	Date	Month	Year	To	Date	Month	Year	Type of Assessment	Type of Order

As per return

As per order

Class of composition dealer (Please select one or more box. as applicable)

Retailer

Restaurant, Club, Caterer etc.

Baker

Second hand motor vehicles dealer

Retailer

Restaurant, Club, Caterer etc.

Baker

Second hand motor vehicles dealer

6 Computation of net turnover of sales liable to composition (Please fill in one or more as applicable)	RETAILER		Amount (Rs.)	Amount (Rs.)
	a)	Total turnover of sales.
	b)	Less:-Turnover of sales of goods excluded from the composition scheme.
	c)	Less:-Other allowable reductions/ deductions.
	d)	Net turnover of sales liable to tax under composition Scheme [a-b-c]
7	RESTAURANT, CLUB, CATERER ETC		Amount (Rs.)	Amount (Rs.)
	a)	Total turnover of sales.
8	BAKER		Amount (Rs.)	Amount (Rs.)
	a)	Total turnover of sales.
9	SECOND HAND MOTOR VEHICLE DEALER		Amount (Rs.)	Amount (Rs.)
	a)	Total turnover of sales.
	b)	Less: Allowable reductions/ deductions.
	C)	Balance: Net turnover of sales, liable to tax under composition option ( a-b)
10	a)	Total turnover of sales liable to tax under compositionoption [6 (d) + 7 (a) + 8 (a) + 9 (c)]
	b)	Less:- Deduction u/s3(2).
	c)	Balance: Net turnover of sales liable to tax (c = a-b).

11 Computation of tax payable under the MVAT Act		Rate of tax (Drop down selection)	Net Turnover of Sales (Rs.)	Tax amount (Rs.)		Rate of tax (Drop down selection!	NetTurnover of Sales (Rs.)	Tax amount (Rs.)
	a)				a)
	b]				b]
	c)				c)
	d)				d)
	e)				e)
	f)				f)
	g)				g)
	h)				h)
	i)				i)
	Total				Total

12. Computation of purchases eligible for set-off	a]	Total turnover of purchases including taxes, value of branch transfers / consignment transfers received and labour/ job work charges.
	b)	Less: Turnover of purchases liable to be considered in the other assessment order Forms.
	c)	Balance:- Turnover of purchases considered in this Form. (a-b).
	d)	Less:-Value of goods return, reduction of purchase price for period excluding within State taxable turnover with tax paid separately.
	e)	Less:- Reduction of purchase price on account of rate difference and discount for period excluding within State taxable turnover with tax paid separately.
	f)	Less:-lmports (Direct importsl.
	g)	Less:- Deduction under section 3(2)
	h)	Less:-Imports (High seas purchases).
	i)	Less:- Inter-State purchases of taxable goods against certificate in Form 'H'
	j)	Less:- Within the State purchases of taxable goods against certificate in Form 'H'.
	k)	Less:-Inter-State purchases (excluding purchases against any certificate and declaration in form C.H.F.I]. l) Less:-lnter-State branch transfers /consignment transfers received
	m)	Less:- Inter-State purchases of taxable goods against declaration in Form'C'
	n)	Less:- Within the State purchases of taxable goods against declaration in Form'C'
	o)	Less:-Within the State branch transfers /consignment transfers received where tax is to be paid by an agent
	p)	Less:-Purchases of taxable goods from un-registered dealers
	q)	Less:- Inter State purchases of taxable goods against declaration in Form'I'
	r)	Less:-Within the State purchases of taxable goods fully exempted from tax u/s 8 other than purchases under section 8(1)
	s)	Less:-Within the State purchases of tax-free goods specified in schedule "A"
	t)	Less:-Within the State job work/ labour charges paid
	u)	Less:-:- Within the State other allowable deductions, if any
	v)	Less:-Within the State purchases of taxable goods from registered dealers where tax is not collected separately (Inclusive of tax)
	w)	Less: Within the State purchases of taxable goods from composition dealer u/s 42(11,12)
	x)	Balance: Within the State purchases of taxable goods from registered dealers eligible for set-off [c-(d+e+f+g+h+i+j+k+l+m+n+o+p+q+r+s+t+u+v+w)]
13. Tax rate wise breakup of within State purchase from registered dealers eligible for set-off as per box 12 (x) Less value of goods return including reduction of sale price on account of rate difference and discount.		Rate of tax (Drop down selection)	Net turnover of purchases (Rs.)	Tax amount (Rs.)		Rate of tax (Drop down selection)	Net turnover of purchases (Rs.)	Tax amount (Rs.)
	a]				a]

	b)				b)
	c)				c)
	d)				d)
	e)				e)
	f)				f)
	g)				g)
	Total				Total

14. Computation of set-off claimed		Particulars		Purchase value (Rs.)	Tax amount (Rs.)	Purchase value (Rs.)	Tax amount (Rs.)
	a)	Within the State purchases of taxable goods from registered dealers eligible for set-off as per box 13
	b)	Less:- Set-off denial on account of purchases from RC cancelled or composition dealer.
	c)	Less: Amount of set off not admissible u/r 52A.
	cl)	Less: Amount of set-off not admissible u/r 52B.
	d)	Less: Reduction in the amount of set-off u/r 53 of the corresponding purchase price of (Sch B, C, D & E or Sch B from 1.7.2017) goods	Capital Assets
	d)		Other than Capital Assets
	e)	Less: Denial in the amount of set-off u/r 54 of the corresponding purchase price.	Capital Assets
	e)		Other than Capital Assets
	f)	Less:-Within the State purchases of taxable goods from registered dealers under MVAT Act, 2002 and set-off not claimed.	Capital Assets
	f)		Other than Capital Assets
	g)	Less: - Within the State purchases of Capital Asset from registered dealer set-off withheld for staggered manner.
	h)	Set-off available for the period [a-(b+c+cl+d+e+f+g))
	i)	Add: - Allowance of set-off reversed	Capital Assets
	i)	Add: - Allowance of set-off reversed	Other than Capital Assets
	j)	Less:- Reduction u/r 52A, 52B, 53 and denial u/r 54 out of above i	Capital Assets (with staggered set-off)
	j)		Other than Capital Assets
	k)	Add:- Allowance of set-off not claimed on goods return.
	l)	Total set-off admissible for the period

15. Computation for Tax payable

A. Aggregate of refund available for the period

Particulars

Amount (Rs.)

Set-off admissible as per Box 14 (1|

b)..

Excess refund brought forward.

Amount already paid.

Adjustment of entry taxpaid under Maharashtra Tax on Entry of Goods into Local Areas Act 2002

Adjustment of entry taxpaid under Maharashtra Tax on Entry of Motor Vehicle into Local Areas Act 1987

Amount of tax collected at source u/s 31A

Refund adjustment order No. (As per box 30)

Total available refund (a+b+c+d+e+f+g)

B. Total tax payable and adjustment ofcentral sales tax/ entry tax payable against available refund.

Sales tax payable as per box 11

Adjustment on account of central sales tax payable for this period

Adjustment on account of entry tax payable under Maharashtra tax on Entry of Goods into Local Areas Act, 2002

Adjustment on account of entry tax payable under Maharashtra Tax on Entry of Motor Vehicle into Local Areas Act 1987

Amount of tax collected in excess of the amount of sales tax payable if any

Interest payable

Late fee payable

Add: Adjustment on account of set-off claimed excess

Capital Assets

Other than Capital Assets

Reduction u/r 52A, 52B, 53 and denial u/r 54 out of above (h)

Capital Assets (with staggered setoff)

Other than Capital Assets

Balance: Excess refund- (15A(h)- (15B(a) +15B(b) +15B(c)+ 15B(d)+ 15B(e)+ 15B(f)+ 15 B(g) +15B(i)]

Balance amount payable= 115B(a)+ 15B(b)+15B(c)+ 15B(d)+15B(e)+15 B(f)- 15B(g)+15B(i) -15A(h)]

C Utilization of excess refund as per box 15B(j)

Excess refund carried forward to subsequent tax period

Refund in this period(15 B(j)- 15 C(a))

D.Tax payable

Total amount payable as per box 15B(k)

16. Differential liability (tax payable as per assessment order-tax payable as per return) or differential refund (Excess refund as per return -excess refund as per order)

17. Amount of additional liability raised/refund reduced in transaction assessment order/orders pertaining to transactions included in this assessment order.

18. Other adjustments (refund)

19. Other adjustments, (liability)

20. Amount of refund already granted.

21. Total balance amount payable.

22. Amount of interest (in addition to the amount of interest in 15B(f)

23. .Amount of penalty to be levied.

24. Total balance amount refundable

25. Interest on refund

26. Amount of refund sanctioning order.

27. Amount of refund withholding order.

28. Amount of refund adjustment order/orders.

29. Amount of refund payment order.

30. Details of refund adjustment order (RAO)

Details of RAO

RAO No.	Amount adjusted (Rs.)	Date of RAO	RAO No.	Amount adjusted (Rs.)	Date of AO (Rs)


Total			Total	Amount adjusted (Rs.)

Assessment Order.

Sr. No.	Reason for increase in liability or decrease in refund in assessment	Tax payable/Refund claimed	As determined	Difference
1
2
Date				Signature
Place