https://help.tallysolutions.com/docs/te9rel64/Tax_India/VAT/Odisha/OD_Annexure_III.htm

Annexure III - Form VAT 201 (Odisha)

Annexure III displays details of purchase value of capital goods, and purchase value of goods not eligible for input tax as per Schedule D in the return period.

To view Annexure III

1. Go to Gateway of Tally > Display > Statutory Reports > VAT > Form VAT 201 > Annexure Ready .

2. Press Enter .

3. Select Annexure III .

4. Press Enter .

T o export Annexure III

1. Copy the required excel template to the Tally.ERP 9 installation folder.

2. G o to Gateway of Tally > Display > Statutory Reports > VAT > Form VAT 201 > Annexure Ready .

3. Select Annexure III , and press Enter .

4. Press Ctrl+E to view the Export Report screen .

5. Press Enter to export.

The nature of transactions considered for Annexure III:

Purchase Taxable - Capital Goods

Purchases Non-Creditable

A brief explanation about the annexure fields is given below:

Field Name

Description

Table I

Particulars of purchase of capital goods

Displays the purchase value of capital goods at 2%, 5%, 13.5%, and 14.5% tax rate.

The VAT paid on the goods is auto calculated.

Table II

Particulars of purchase of capital goods not eligible for input tax as per Schedule-D

Displays the purchase value of capital goods that are not eligible for input tax credit under Schedule D at 2%, 5%, 13.5%, and 14.5% tax rate.

The VAT paid on the goods is auto calculated.

11. Total creditable input tax [05 (B) - 10(B)]

Displays auto calculated value.

12. Input Tax Credit on Capital goods brought forward from previous tax period

Displays auto calculated value.

To adjust the input tax credit record a journal voucher using Input Tax Credit Admitted On Capital Goods as the Nature of adjustment .

13. Total Creditable Input Tax [Box 11 + Box 12]

Displays auto calculated value.

Last updated for Release 5.5.3