Physical Submission of Audit Report in Form 704 for the financial year 2017-2018

Mar 11, 2019 | by Avantis RegTech Legal Research Team

The State Government of Maharashtra had issued a Circular for the methodology to be followed for uploading of audit reports in form e 704 and submission of necessary documents by uploading of audit report in form e 704.

It was brought to the notice of the State Government of Maharashtra that, in case of some of the dealers, date of uploading mentioned on the acknowledgment received was later date on which the pdf acknowledgment of form e 704 received by the dealer, instead of the date on which actual uploading was done by the dealer.

The issue was examined and corrective steps were taken. Dealers may now download the Acknowledgment of Form e 704 afresh, from mahagst portal, after Log In on the portal with the login credentials.

Dealers may submit the acknowledgment duly signed by him and the auditor to Nodal Officer. The dealers shall submit the following document along with the acknowledgment:

•The Statement of submission of Audit Report in the format given in the Notification No: VAT/AMD-2013/1B/ADM-8 dated August 13, 2013 and it should be duly certified with signature, Stamp, Seal of the dealer with date, and

•The copy of Acknowledgment will be duly certified with signature, Stamp, Seal of the dealer and Auditor, with date.

The aforesaid documents will be submitted to the concerned Nodal Officers. The List of Nodal Officers has been available on website, in What’s New Section.

The last date for electronic uploading of form e 704, for the financial year 2017-2018, is February 28, 2019 and the last date for submission of above documents is August 10, 2019. 

[Trade Circular No.08 T of 2019]

Click here to download a Trade Circular.


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