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May 2014

Submission of Annexures with/as part of returns for the periods starting from 1st April 2014

By Tarun Ghia, Pratik Mehta, Brijesh Cholera Chartered Accountants
Reading Time 1 mins
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Trade Circular 9T of 2014 dated 25-03-2014

From 01-04-2014 onwards with every MVAT return, whether monthly, quarterly or half yearly, Annexure J1 & J2, that is buyer-wise sales and supplier-wise purchase will have to be filed.

For a composition dealer required to file Annexure J2 –supplier wise purchase, this requirement is over and above annual Annexure J1 & J2 and Form 704

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