https://help.tallysolutions.com/docs/te9rel64/Tax_India/VAT/Karnataka/ka_local_pur_return_annx.htm

Local Purchase Returns Annexure (Karnataka)

You can generate local purchase return annexure by exporting data to the e-filing template.

Pre-requisites to capture values in Local Purchase Returns Annexure

Party Ledger

Following details should be defined in the party ledger selected in the purchase invoice.

VAT TIN should be of 11 digits with ' 29 ' as the first two digits

Type of Dealer set to Regular , Unregistered or Composition

Nature of Transaction

In Local Purchase Returns annexure, the values of Debit Notes recorded using the following Nature of Transaction are displayed:

Purchase Taxable

Purchase - Works Contract

Purchase Exempt

Purchase From Composition Dealer

Purchase From Unregistered Dealer

Purchase Others

Consignment Transfer Inward

VAT Rates

To display transaction details of purchase returns recorded in debit note using the aforementioned taxable Nature of Transactions, the VAT rates have to be defined in the,

Stock item master

Purchase ledger, if common ledger is not being used

The tax rates considered in this annexure for purchase returns made to registered and unregistered 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

Debit Note No.

Displays the voucher number of debit note.

Debit Note Date (DD/MM/YYYY)

Displays the voucher date of debit note in DD/MM/YYYY format.

Seller TIN

Displays the VAT TIN of 11 digits with 29 as the first two digits predefined in the party master or entered in the Party Details screen of debit note.

Name of Seller

Displays the name of the party ledger selected in debit note.

Net Value

Displays the assessable value of debit note.

Tax Value

Displays the input VAT amount of debit note.

Other Charges

Displays the value entered for separately charged expenses (ledger grouped under direct/indirect expenses with the option Use for Assessable Value Calculation set to No ).

Total Value

Displays the invoice value of debit note.

Original Invoice Number

Displays the number entered in Original Invoice No. field of debit note.

Original Invoice Date (DD/MM/YYYY)

Displays the date entered in the Original Invoice field of debit note in DD/MM/YYYY format.