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

Annexure VII - Form VAT 201 (Odisha)

Annexure VII captures the details of the goods lost due to theft or damage or any reason.

To view Annexure VII

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

2. Press Enter .

3. Select Annexure VII .

4. Press Enter .

T o export Annexure VII

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 VII , and press Enter .

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

5. Press Enter to export.

A brief explanation about the annexure fields is given below:

Conditions/Situations

Value of goods purchased (in Rs.) *

VAT paid (in Rs.)

1. Goods purchased for any of the purpose specified under sub-section (3) of Section 20 of the Act but are subsequently used otherwise

Displays the assessable value entered in the journal voucher for reversing input tax on sales, excluding interstate sales .

Displays the credit value of the VAT ledger.

2. Goods purchased are lost due to theft, damage or for any other reason

Displays the assessable value entered in the journal voucher for reversing input tax on damaged or lost goods .

Displays the credit value of the VAT ledger.

3. Goods purchased but remained unsold at the time of closure of business

Displays the assessable value entered in the journal voucher for reversing input tax on goods unsold at the time of business closure .

Displays the credit value of the VAT ledger.

4. Goods purchased but remain unutilized or unsold on the date on which the exercise of option for composition of tax under this Act, is allowed

Displays the assessable value entered in the journal voucher for reversing input tax on

Displays the credit value of the VAT ledger.

5. Goods purchased but remain unutilized or unsold on the date on which the exercise of option for composition of tax under this Act, is allowed

Displays the assessable value entered in the journal voucher for reversing input tax on goods unsold as per Section 16 .

Displays the credit value of the VAT ledger.

6. Goods purchased are utilized in manufacture of goods exempted from tax

Displays the assessable value entered in the journal voucher for reversing input tax on manufacturing of goods exempted from tax .

Displays the credit value of the VAT ledger.

7. Goods purchased are exempted from levy of tax subsequently**

Displays the assessable value entered in the journal voucher for reversing input tax on goods exempted from tax .

Displays the credit value of the VAT ledger.

8. Total

Displays auto calculated value.

Displays auto calculated value.