You can generate interstate sales returns annexure by exporting data to the e-filing template.
Following are the pre-requisites to capture values in this annexure.
1. Party Ledger : Following details should be defined in the party ledger selected in the Credit Note.
● VAT TIN should be of 11 digits with the first two digits other than ' 29 '
● Type of Dealer set to Regular
2. Nature of Transaction : In Interstate Sales Returns annexure, the value of transactions recorded in Credit Note using the following Nature of Transaction are displayed:
● Interstate Sales Exempt
● Interstate Consignment Transfer Outward
● Interstate Sales - Against Form C
● Interstate Deemed Export
● Interstate Sales - E1
● Interstate Sales - E2
● Interstate Sales - Taxable
● Interstate Sales - Works Contract
● Sales Zero Rated
o Diplomatic Missions, U.N, UNICEF, WHO & Foreign Aid
o SEZ / STP / EHTP
3. VAT Rates : To display transaction details of interstate Sales returns recorded using the aforementioned taxable nature of transactions, the VAT rates have to be defined in the,
● Stock item master
● Sales ledger, if common ledger is not being used
The tax rates considered in this annexure for interstate Sales made from dealers are, 1%, 2%, 4%, 5%, 5.5%, 12.5%, 13.5%, 14%, 14.5%, 15%, 15.65%, 17%, 20%, 25% and 28%.
The description on each column of this annexure is given below:
|
Field Name |
Description |
|
Credit Note No. |
Displays the voucher number of credit note. |
|
Credit Note Date (DD/MM/YYYY) |
Displays the voucher date of credit note in DD/MM/YYYY format. |
|
Buyer TIN |
Displays the VAT TIN of 11 digits with first two digits other than 29 predefined in the party master or entered in the Party Details screen of credit note. |
|
Name of Buyer |
Displays the name of the party ledger selected in the credit note. |
|
Net Value |
Displays the assessable value of credit note. |
|
Tax Value |
Displays the CST on credit note. |
|
Other Charges |
Displays the value entered for separately charged expenses (grouped under direct/indirect expenses with the option Use for Assessable Value Calculation set to No ). |
|
Total Value (Net Value + Tax Charged + Other Charges) |
Displays the invoice value. |
|
Original Invoice Number |
Displays the number entered in Original Invoice No. field of credit note. |
|
Original Invoice Date (DD/MM/YYYY) |
Displays the date entered in the Original Invoice field of credit note in DD/MM/YYYY format. |
'Interstate Sales Returns Annexure (Karnataka)' has been shared with
