https://help.tallysolutions.com/docs/te9rel64/Tax_India/VAT/Punjab/PB_CST_Form_1.htm

Exporting Data to e-CST Form 1 (Punjab)

On exporting data to VAT-15 template, the relevant details are displayed in CST-1 worksheet.

The description of CST-1 worksheet is given be low:

Field Name

Description

1. Gross Amount Receivable by Dealer

Displays the:

Gross assessable value of taxable sales .

Net assessable value of exempt sales .

Deduct:

(i) Sales of Goods Outside the State (as defined in Sec.4 of the Act)

Displays the credit value entered for sales ledger in journal voucher to account for sale of goods outside the state .

(ii) Sales of Goods Outside the State (as defined in Sec.5 of the Act)

Displays the net assessable value of sales recorded with the following nature of transactions:

Exports

Deemed Export

Interstate Deemed Export

Interstate Sales High Seas

Sales High Seas

(iii) Turnover of Goods transferred outside State [as referred in Section 6-A(2)]

Displays the net assessable value of sales recorded with the following nature of transactions:

Interstate Consignment Transfer Outward

Interstate Branch Transfer Outward

2. Balance Turnover on Interstate Sale within the State

Displays auto calculated value.

Deduct:

Turnover of Sales within the State

Displays the:

Gross assessable value of taxable sales .

Net assessable value of exempt sales .

3. Balance Turnover on Interstate Sales

Displays auto calculated value.

Deduct:

Cost or Freight Delivery or Installation when such cost is separately charged

Displays the value of separately charged expenses in sales .

4. Balance: Total Turnover on Interstate Sales

Displays auto calculated value.

Deduct:

(i) Turnover of Interstate Sale of Goods unconditionally exempt from Tax under the Punjab general Sale Tax Act 1948

Displays the net assessable value of sales recorded with the following nature of transactions:

Interstate Sales - Zero Rated

Interstate Sales - Tax Free

(ii) Turnover of Sale of Goods returned by the purchaser within a period of three months under rule 11(2)(b)of the Central Sales Tax(Registration & Turnover)Rule 1957

Displays the values of sales returns and adjustments whose invoice date is three months (maximum of three months) prior to the original invoice date:

Value of sales returns entered in credit note.

(iii) Turnover in respect of subsequent sales falling under clause(a) and (b)of section 6(2)A of the Act

Displays the net assessable value of sales recorded with the following nature of transactions:

Interstate Sales Exempt - E1

Interstate Sales - E2

5. Balance Taxable Turnover in respect of Interstate Sales

Displays auto calculated value.

6. GOODS WISE BREAKUP OF ABOVE

A. Declared Goods:

(i) Sold to registered dealers on prescribed declaration-vide declaration attached

Displays the assessable value of all inter-states taxable sales recorded with the following transaction details:

Stock item is predefined as declared goods .

Party ledger is predefined as Registered dealer .

(ii) Sold Otherwise

Displays the assessable value of all inter-states taxable sales recorded with the following transaction details:

Stock item is predefined as declared goods .

In party ledger, the Type of Dealer selected is other than Registered dealer.

B. Other Goods:

Sold to registered Dealers on prescribed declaration-vide declaration attached

Displays the assessable value of all inter-states taxable sales recorded with the following transaction details:

Stock item is categorised as regular goods .

Party ledger is predefined as Registered dealer .

Sold Otherwise

Displays the assessable value of all inter-states taxable sales recorded with the following transaction details:

Stock item is categorised as regular goods .

In party ledger, the Type of Dealer selected is other than Registered dealer.

Total :

Displays auto calculated value.

7. TAX WISE BREAKUP OF SALES

Taxable At  %

Displays the rate of tax charged on sales recorded with the following nature of transactions:

Interstate Sales - Works contract

Interstate Sales - E1

Interstate Sales - Against Form C

Interstate Sales - Taxable

Interstate Sales Exempt - With Form C

On which Tax Amount To (Rs.)

Displays auto calculated value.

7A Add: Any other Tax amout(due to rounding off)

This field will be currently left blank.

8 TOTAL TAX PAYABLE ON Rs.

Displays auto calculated value.

AMOUNT OF Rs.

Displays auto calculated value.

9 TAX PAID IF ANY BY MEANS OF TREASURY CHALLAN/CHEQUE/ DRAFT

Displays the:

CST amount entered in tax payment voucher .

Challan/Instrument No. , Deposit Date , Name of the Bank , and Name of the Branch entered for the CST payment voucher, in Stat Payment Details screen of Tax Payment Reconciliation report.

10 (i) BALANCE DUE, IF ANY

Displays auto calculated value.

10 (ii) EXCESS PAID, IF ANY

Displays auto calculated value.

Remarks (if any)

Displays the Remarks entered in the Export Report screen of Form CST 1 report.