VAT Return Filing Services | Savlana Init

VAT Compliance · Return Filing Services

VAT Return Filing Services — Complete. Managed. Every Period.

End-to-end VAT return filing for active petroleum and liquor dealers — MVAT monthly returns, set-off optimisation, Form 704 annual report, CST compliance, and structured clearance of all pre-GST arrear periods. CA-managed, portal-filed, on time.

A comprehensive VAT return filing service covers the full periodic compliance cycle — data collection, rate-wise sales classification, set-off computation, tax payment, portal filing, and acknowledgement retention. For petroleum and liquor dealers who remain active post-GST, this monthly cycle requires the same discipline as GST return filing. The VAT compliance cycle involves rate-wise sales categorisation (exempt, 1%, 4%, 5%, 12.5%), input tax set-off review, inter-state CST compliance, and branch transfer documentation.

In Maharashtra, petrol pump operators file Form 232 under the composition scheme or Form 231 under the regular scheme. Liquor retailers file with category-wise sales (IMFL, beer, wine, country liquor) at specified rates. Annual Form 704 consolidates the year with CA certification — the primary document for the annual commercial tax assessment. For arrear periods, a structured chronological clearance approach is used — computing liability and late fees for each period before filing, advising on amnesty scheme availability, and obtaining acknowledgements for each period filed.

Our VAT Return Filing Services

End-to-End MVAT Return Management

Complete monthly MVAT cycle — data, rate classification, set-off, payment, and Form 231/232/233 filing by the 21st.

Annual MVAT Return — Form 704

Full-year consolidation and CA-certified annual audit report — filed by September 30.

KVAT Return Filing

Quarterly KVAT returns for Karnataka petroleum and liquor dealers.

Set-Off Optimisation

Eligible VAT set-off maximised under applicable state rules — net VAT minimised each period.

CST Return Filing

Monthly CST returns for inter-state sales with C-Form tracking.

Arrear VAT Return Clearance

All pending pre-GST periods filed chronologically with late fee computation.

VAT Refund Claim Filing

VAT refund applications for excess payment or export-related refunds.

Books-to-Returns Reconciliation

Annual reconciliation of VAT returns against books — differences explained before annual audit.

Our Process

Data Collection & Rate Classification

Monthly sales and purchase data classified by VAT rate — exempt, 1%, 4%, 5%, 12.5%, inter-state.

Set-Off & Tax Computation

Eligible set-off computed under state rules. Net VAT payable for the period determined.

VAT Payment

Net VAT remitted via online challan before due date.

Return Filing

Return filed on state portal in prescribed form — acknowledgement retained.

Annual Form 704 Filing

Annual audit report prepared with full-year reconciliation and CA certification — filed September 30.

Why It Matters

✓Full VAT cycle managed — data through acknowledgement every period

✓Set-off maximised — net VAT minimised each month

✓Form 704 annual audit filed with CA certification

✓CST compliance current — C-Form tracking maintained

✓All arrear periods cleared with late fee advisory

✓Refund claims filed and tracked

✓Books reconciled with returns before annual audit

✓Assessment-ready file maintained for each period

Frequently Asked Questions

Form 231 (regular dealers); Form 232 (composition scheme — petrol pumps); Form 233 (works contract dealers). The applicable form depends on the dealer category and supply type.

Under Section 42 of the MVAT Act, petrol pump operators pay VAT at a flat rate on gross turnover of motor spirit, HSD, and lubricants — eliminating invoice-level set-off computation. Filed via Form 232, monthly or quarterly.

Form 704 is the MVAT Annual Audit Report required from registered dealers with turnover above Rs 1 crore. Certified by a CA, it reconciles annual turnover with books, verifies set-off, and reports all differences. Due by September 30.

Yes — pre-GST refund claims not yet sanctioned can still be processed by the state commercial tax department. The application must be within the state-specific limitation period, typically 3 years from year end.

Rs 1,000 per return plus 1.25% per month interest on unpaid tax. Maharashtra amnesty schemes periodically reduce or waive penalty components.

All set-off claims must be backed by purchase bills from TIN-registered dealers showing: TIN, invoice details, goods description, purchase price, and VAT amount. A purchase register by VAT rate must be maintained for assessment reference.

Need complete VAT return filing services?

We manage your entire MVAT/KVAT cycle — rate classification, set-off computation, payment, portal filing, Form 704, and pre-GST arrear clearance.