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Maharashtra Value Added Tax Rules, 2005 FORMS
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FORM 604

[see rule 67(2)]

Intimation under sub section (7) of Section 63 of the Maharashtra Value Added Tax Act, 2002.

To,

__________________

__________________

__________________

No.________________________/Intimation/Sec-63(7)/B_____________Mumbai Dated

Registration Number (TIN) under MVAT Act, 2002                        
Registration Number (TIN) under CST Act, 1956                        
Period

From To
                       

Sub.- Intimation under sub section (7) of Section 63

Sub.- Intimation under sub section (7) of Section 63

#1. Whereas, this office has initiated proceedings as per the provisions of section .................... of the Maharashtra Value Added Tax Act, 2002 for the period ...................... to ..............................

##2. Whereas, this office has initiated the proceedings as per the provisions of section 22 of the Maharashtra Value Added Tax Act, 2002 on specific issues as communicated to you earlier.

As a result of scrutiny and verification of :-

1. Returns filed by you;

2. Books of account maintained by you;

3. Other documents;

4. Information submitted by you and other dealers; and

5. Information available with the Sales Tax Department,

it is observed that the tax payable as disclosed by you in the returns/ books of account, set-off or refund claimed by you, appears to be incorrect as stated below :-

# TABLE -1

SUMMARY OF ADDITIONAL TAX LIABILITY OR REFUND

Sr. No. Particulars As per Return As observed under Audit Difference
(1) (2) (3) (4) (5)
(1) Gross Turnover of Sales (Rs.)      
(2) Gross Turnover of Purchases (Rs.)      
(3) Total Tax Payable (Rs.)      
(4) Interest Payable u/s. 30(2) (Rs.)      
(5) Total Amount Payable (Rs.)      
(6) Less:-      
(7)

(a) Set-off Claim (Rs.)      
(b) Taxes paid with return (Rs.)      
(c) Other available Credit (Rs.)      
(8) Balance amount payable (Rs.)      
(9) Add: Interest u/s. 30(4) (Rs.)      
(10) Balance amount Refundable (Rs.)      

# TABLE -2

REASONS OF ADDITIONAL TAX LIABILITY OR REFUND

Sr. No. Findings as per verification or scrutiny As observed after verification or scrutiny of books of account Additional Tax Amount
(1) (2) (3) (4)
1

 Tax related findings-    
(a) Difference in Taxable Turnover (Rs.)    
(b) Turn-over on which dealer has applied incorrect rate of Tax (Rs.)    
(c) Disallowance of claim of goods return (Rs.)    
(d) Sales of Capital Assets (Rs.)    
(e) Excess Collection of Taxes, if any (Rs.)    
(f) Disallowance of claim on account of incorrect deductions (Rs.)    
(g) Other please specify (Rs.)    
(i)    
(ii)    
(iii)    
(iv)    
2

 Set-off related-    
(a) Non production of tax invoices (Rs.)    
(b) Credit Notes not Considered (Rs.)    
(c) Turn-over of Purchase Return (Rs.)    
(d) Reduction under Rule 53 not considered or considered wrongly. (Rs.)    
(e) Denial of set-off under Rule 54 not considered (Rs.)    
(f) Other please specify (Rs.)    
(i)    
(ii)    
(iii)    
(iv)    
3 Additional Tax liability on account of 1 & 2 above.    
4 Add: Interest u/s. 30(2) (Rs.)    
5 Add: Interest u/s. 30(4)* (Rs.)    
6 Total Additional Amount Payable (Rs.)    
7 Add: Excess Refund granted to the dealer (Rs.)    
8 Total Amount Payable (Rs.)    
9 Total Amount Refundable (Rs.)    

## TABLE-3

ADDITIONAL TAX LIABILITY IN RESPECT OF SPECIFIC ISSUES

Sr.No. Issues Additional tax liability
1    
.    
.    
.    
.    
.    
.    

If you agree with the contents of this intimation then you are advised to discharge tax liability alongwith applicable interest u/s 30 (2) and u/s 30 (4) at the time of filing of revised return.

You may accept tax liability in respect of any or all of the above parameters. However, the tax liability in respect of an individual parameter has to be accepted entirely alongwith applicable interest.

You may note that, as per provisions of section 30 (4), interest at the rate of 25 percent shall not be applicable if the taxes paid in the revised return are less than 10 percent of the **taxes paid as per original return.

If you fail to file return or revised return, your case may be taken up for assessment and in which case, it may attract penalty u/s 29 (3) of the Maharashtra Value Added Tax Act, 2002.

**taxes paid as per original return shall have the same meaning as stated in sub-section (4) of Section 30 of the Maharashtra Value Added Tax Act, 2002.

# TABLE 1 and 2 is applicable for para 1 where proceedings are related to comprehensive verification for specific period.

# # TABLE 3 is applicable for para 2 where proceedings are related to specific issues.

Date: Signature 
Place: Name of the Officer and Designation .