MVAT
Head Office:
SINEWAVE COMPUTER SERVICES PVT. LTD.
T-22, 3rd Floor Super Mall, Salunke Vihar Road, Wanowrie, Pune 411 040.
Concept of MVAT :
Full name of the MVAT is Maharashtra Value Added Tax, it is applicable on Sales &
Purchases of Goods. This is applicable only in the Maharashtra State since other states has
different tax structure.
Before introducing MVAT Sales Tax was applicable on Sales & Purchases of goods, but
government found lot of lacunas in this act so they omitted this Sales Tax Act and
introduces MVAT act against sales & purchases
Under Sales Tax – Tax was applicable only in the first step when manufacturer removes
material from the company or godown premises, and after this step there was no tax
applicability on Sales & Purchases.
This act is introduced from 01st April 2006.
Now on the next slide we see how it is working with the example.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 2
Transaction in MVAT :
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 3
Set Off Facility
Under MVAT Manufacturer, Distributors & others are paying VAT twice to Govt. so approach
to Government & taken facility of Set Off.
Example with
Previous slide
Set Off means :Tax Collected at the time of Sales
2,000/Minus
(-)
Tax Paid at the time of Purchases
1,000/Equal to
(=)
Balance Tax Payable to Government
1,000/Conditions for Set Off :1)
2)
3)
You should have Original Invoice
On Invoice “TAX INVOICE” should be written
On Invoice VAT should be charged
Since it is added on profit added so known as MVAT
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 4
VAT Rates :
According to the White Paper, there are 550 categories of goods under the VAT system.
They are classified into the following four groups, depending on the VAT rate:
VAT @ 1% : This is for a specific category of goods like gold, silver, etc
VAT @ 5% : The largest number of goods (270) comprising of basic necessity items such as
drugs and medicines, agricultural and industrial inputs, capital goods and declared goods
are under 5% VAT rate.
VAT@12.5% : The remaining commodities are under the general VAT rate of 12.5%.
VAT @ 20% : Luxuries Commodities like liquor, Cigarettes
Note: The few goods that are outside VAT as a matter of policy would include liquor,
lottery tickets, petroleum products, as the prices of these items are not fully marketdetermined. These items will continue to be taxed under the sales tax act of the respective
states.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 5
Main Home Page of MVAT :
This is the main page of the
software where you can see :
-> List of Dealers
-> There type
-> There periodicity of return filing
-> There last return filed from the
system
-> Return Nature – whether it is a
original, revised or fresh return
-> At bottom it will display released
version of software if you have
net
on the machine.
-> Given option to search dealer
from the list
-> To set financial year
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 6
Personal Info of Dealer in MVAT :
Based on the information provided while dealer creation, your dealer will be
defined in the respected category.
In business page :1)
2)
3)
4)
5)
6)
Composition in lieu of sales tax payable “Yes” – Composition Dealer
Composition in lieu of sales tax payable “No” – Other Dealer
Composition in lieu of sales tax payable “Partial” – Works contract
Dealer
Notified Oil Dealer – Notified Oil Dealer
Package Scheme of Incentive – Package scheme of Incentive Dealer.
Transaction outside Maharashtra – CST Dealer
Now we will see data entry of Other Dealer which is also known as regular
dealer
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 7
Personal Info of Dealer in MVAT :
Before processing for VAT you have to
create a dealer
.
-> For Creating dealer click on main
screen OR go to Master Data->Dealer
-> Screen will display
-> Enter all basic information
-> You will see some options written
with blue color, this option has sub
options in it, open and give info.
-> MVATRC no & CSTRC no means you
have to give registration certificate
numbers
-> MVAT TIN no & CST TIN no here you
have to give registration number
-> both this numbers are of 11 digits,
first two digits 27 & last V or C
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 8
Business Info of Dealer :
In this screen you have to fill
information related to his business :
-> like info about place of business
-> like info about constitution
-> nature of business
-> commodities dealing
-> type of dealer
-> business commencement date
-> Info about financial year, working
capital, return periodicity
-> Info about if you are doing sale
from warehouse or godown with
registration number
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 9
Bank Info of Dealer :
From this option you have to enter
name of your bank though which you
are doing transactions
-> Enter name of Bank
-> Enter branch name
-> Enter Account number
-> Enter Account Type
-> Enter MICR Number ( MICR full
name is Magnetic Ink Code
Recognizer )
-> Enter branch code
-> Then select name of Bank through
which you are doing E-filing of
return from the list given
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 10
Registration Info of Dealer :
This is registration page through
which you have to inform all the
necessary changes taking place
in the business to Sales Tax Dept.
while running the business
-> Select option as per changes
-> Sub option will activate
-> Fill information in the fields
-> Save it
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 11
Other Info of Dealer :
This is the through which you have to
enter details of proprietor, director
-> designation of the person
-> name of the person
-> Age of the person
-> his address
-> his share in the business
-> his PAN number
-> his professional tax EC number
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 12
Cancellation Info of Dealer :
This is cancellation page through
which you have to inform all the
cancellations taken place in the
business to Sales Tax Dept. while
running the business
-> Select option as per changes
-> Sub option will activate
-> Fill information in the fields
-> Save it
After completing this Six Options
your one dealer will be created
successfully
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 13
Transaction in MVAT for Composition Dealer :
 This screen will only be
enabled if the user selects
“Yes” option in Dealer
Master -> Business Screen>opted for Composition.
 You may select the
appropriate dealer from
the available composition
dealers list .
 Based on the sub-type of
composition dealer you
have selected in Dealer
Master->Business screen
the respective fields will be
enabled.
 Form 232 will generate.
4/13/2015
Total turnover of sales liable to tax & Sales tax
Payable as per entered rate gets automatically
calculated
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 14
Data Entry for Work Contractor, Leasing Agent
 This screen is enabled if
user selects “Partial” option
and in Nature of business
option he selects work
contractor & Leasing option
in Dealer Master->Business
screen.
 In this screen the user can
enter the information
according to the fields
shown above.
 Form 233 will generate.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 15
Data Entry for Notified Dealer
 This screen is enabled if
user selects “NO” option
and in Nature of business
option he selects Notified
Dealer option in Dealer
Master->Business screen.
 In this screen the user can
enter the information
according to the fields
shown above.
 Form 235 will generate.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 16
Data Entry-Package Scheme Dealer
 This screen is enabled if
user selects ”No” option in
composition in liue of sale
tax payable.
 After the user clicks on
“Holding Package Scheme
of incentive” link he will
get another screen for
entering the information of
Eligibility of certificate,
Certificate of entitlement,
scheme, Total ceilling etc.
 In this screen the user can
enter the information
according to the fields
shown above.
 Form 234 will generate.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 17
:Transaction in MVAT for Other Dealer :
For Entering Data for a dealer go to
:
-> Data Entry
-> Select Other Dealer
-> This has three pages
-> Set month, return type, financial
year and return original or revised
-> Then you will see different options
for your sales turnover entry
-> In the first column Give Gross
turnover of sales
-> Then you have to deduct figures
one by one as per option
-> At the end you will get net
turnover liable for sales tax
-> Now you have to give break up for
this sales as per Vat percentage
wise, will see o the next slide
Form 231 will generate.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 18
Set Off Facility :
This is second page of data entry where you
have to give bifurcation of sales as per Vat
Percentage
-> Click on Sales Tax Payable
-> You will get option
-> Select commodity
-> Automatic rate of Vat will appear
-> Enter Sales figure including Tax
-> OR Enter Taxable figure excluding tax
-> Automatic Tax figure will display as
per Vat percentage
-> If Sales & Tax figure is matching then
system will proceed further
-> If this figures are not matching
system will prompt you for the same
-> Rectify it and then proceed
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 19
Purchases in MVAT :
This is a screen where you have to enter your
purchase details, to get this screen click on set
off available
-> Give gross purchases on the first line
-> Then less figures as per options provided
if you have any
-> Then enter figure which is not applicable
for set off
-> After deducting all the things at the end
you will get figure on which Vat is
applicable
-> Like sales you have to give bifurcation of
the purchases also from set off available
-> If there is any reduction in the set off
then click on the Computation of setoff
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 20
Set off Entry in MVAT :
This page is for entering reductions in the
set off figures, so click on Computation of
set off
-> Automatically your Taxable figure & Tax
figure will appear
-> Below there are several options
-> Enter your reduction in the set off in the
desired option
-> System will automatically calculate figure
of reduction
-> Click on Back
-> On previous page it will display you
amount which is applicable for set off
-> Click on Close to go back on mail page
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 21
Set off continue…… :
After entering Sales & Purchase
details you Excess Credit / Tax payable
screen will look like this. Now we will
see payment of Tax
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 22
Central Sales Tax








Through this option user can
enter the information about gross
turnover of sales, Balance etc.
In this if the user clicks on
“turnover of sales within the
state” link we get the screen of
Data-Entry Works contractor.
Through this he can enter all
necessary data which is used for
calculation of CST
Calculation of CST is carried
under two sections:
\Sales Taxable U/S 8(1) :- Enter
the details of Tax Rate, Sales
turnover, Taxable and Tax.
Sales Taxable U/S 8(2)/8(2A) :Enter the details of Tax Rate,
Sales turnover, Taxable and Tax.
User can also enter the Payment
details.
Form 3E option is present in this
screen. User can fill his CST
through form 3E.
You can click Pick from VAT.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 23
Reports
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 24
Computation Sheet
 Clicking on Computation Sheet in the Report Menu will display a Screen which shows all
the Computations filled in the above Forms.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 25
Master File List
 This slide gives the information of the list of all
dealers in the system.
 User can also take the print out of this Master list
through Repots.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 26
Post Filling Information VAT




Through this slide the user can view filling information for VAT of all dealers in the system.
The User can choose sort order by STO code wise or Dealer name wise.
It gives details according to financial year, return type and return nature.
He can then also take a print of this through Report option.
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 27
Post Filling Information CST




4/13/2015
Through this slide the user can view filling information for CST of all dealers in the system.
User can choose sort order by STO code wise or Dealer name wise.
It gives details according to financial year, return type and return nature.
He can also take a print of this through Report option.
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 28
Miscellaneous


4/13/2015
Import data:
User can import data from VAT, Sales tax (master data), Single dealer data (Beta) and from excel
(Beta).
Export data:
User can export data to VAT database and Excel format (beta).
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 29
Tax Payment :
To enter payment details you have to click on
payment details option
-> click on it
-> It will give you message as per first
screen shot
-> If you click on Yes
-> You will get below screen
-> Enter challan number
-> Enter cheque number
-> Enter amount of tax paying with
return
-> Enter Name of bank on which you
have drawn cheque
-> Click on Save
-> Now you will be on main screen
-> Here you will see all summary
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 30
Return Printing :
Now to take print out of the return
which you have prepared
-> Click on Print
-> It will display five pages return on
the screen with name as form
231 for other dealer
-> If you want to take hard copy
-> Click on the print given on the left
hand side bottom
-> It will print the return as you are
seeing on the screen
-> This you can file with Sales Tax
dept as physical filing of return
-> You can also do e-filing of return
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 31
E-filing of Return :
For doing E-filing you have to click on
E-File option at bottom
-> System will ask you to save
this file
-> For which we need to path
-> After giving this path system
will create file in XLS Format
-> Give you message at file
successfully generated
-> This file will be created by
name Form231.XLS
-> This file is in excel format
-> You have to validate this file
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 32
Macros Setting :
Check For MICRO setting and ensure
that it is kept at Medium or Low.
 Tools >> Macro >> Security level =
Medium or Low.
 Note1: If you not done this step
then verification step will not be
performed
 Note2: This procedure is required
to follow in case you are using
version Office 2003 & Earlier
Versions
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 33
Macros Setting Continue…… :
If you are using Microsoft office
2007 then you need to follow this
procedure
As soon as you open the excel file
Security warning will be shown to
you
=> Press option TAB => then
security alert – Macro & ActiveX
will be shown => Select option
enable this contents => and then
press to Ok TAB => Now excel file is
ready for further processing
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 34
Validation of Return :
Now you have to open this file which
is saved
-> Double click on the file
-> Go at the bottom of this page
-> You will see button with name
press to validate
-> Click on this option
-> System will validate your
return
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 35
Error Clearing :

If there are any errors system will
prompt you to check errors
-> Rectify this errors in the xls
file itself
-> OR do correction in the
system so that it will be
permanent
-> Then re do the procedure
of validation again
-> Once your return is
validated successfully it will
give you message
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 36
Error Free Return :
If you got this message that
means your return is
successfully validated and it is
ready for uploading on the
Sales Tax department site.
This file is getting stored in My
Documents with name as Form231-REM.XLS
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 37
Return Uploading :
For uploading return though
internet you have to access Sales
Tax Departments web site link for
that is
http://mahavat.gov.in
-> Enter your login_Id &
Password
-> If you don’t have this then
register
-> After validating this details
system will proceed further
for uploading process
-> This things we can see in
process
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 38
Audit Report in MVAT :
This is a very important report for the
dealer’s who’s yearly turnover crosses
Rs. 40 lacks.
-> Data Entry
-> Audit Report
-> Audit report old for previous
years
-> Click on Audit Report
-> Screen will display
-> On this screen various options
are given as per audit request
-> while going through audit prog.
you have to go from each option
after doing entries you have to
save each option
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 39
Audit Report Continue…… :
This various options has several
Tables, Sections, Schedule &
Annexure inbuilt in it.
-> Out of this some will pickup info
filled in the system
-> Some where you have to fill details
-> After each part is over you have to
save details
-> If there is any changes found you
have to enter it in as per audit
-> If details are same then copy from
return to audit
-> You are having option to update
this from Schedules also
-> You are having import & Export
option also for this
-> For remark click on right button
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 40
Audit Report Continue…… :
After completed on working on the
audit report finally click on save
-> Click on print
-> It will show you audit report on
screen
-> This report is nearly about 32
pages
-> Contains schedules, annexure
-> Click on print button provided
on left hand bottom
-> This will print your hard copy of
. audit report
-> Then you can file this report in
Sales Tax Dept as physical filing
-> You have to do E-filing of this
report
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 41
Audit Report Continue…… :
After clicking on E-File system
will generate file like this
 Then you have to do macros
setting as shown previously
 Then on each sheet you will
find Validation button at
bottom
 Click on that button it will
verify whether there are any
errors
 If any errors then you have to
clear that errors one by one
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 42
Audit Report Continue…… :
This is the error page you will see errors like this while creating E-file
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 43
Audit Report Continue…… :
Once you all errors are free it will give you this message
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 44
Audit Report E-filing :
-> E-filing procedure for this is same as

for return
-> After e-file is successfully generated
without any errors
-> click on login
-> Give your system access password
-> After matching this password
-> Give login details for accessing sales
tax department web site
-> Then this will access web site and in
that it will go directly to audit report
uploading option.
-> Upload audit repot, then you will get
acknowledgement copy
-> Show it to sales tax department
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 45
THANK YOU …….
4/13/2015
Sinewave Computer Services Pvt. Ltd.
Taxbase, Page 46