https://help.tallysolutions.com/docs/te9rel64/Tax_India/VAT/chandigarh/CHG_Form_16_Printing.htm

Printing Form 16 (Chandigarh)

You can print the Form 16 applicable for Chandigarh from the Statutory Reports in Tally.ERP 9.

To generate VAT Form 16

1. Go to Gateway of Tally > Display > Statutory Reports > VAT > VAT Form 16 .

2. Press Ctrl+P .

3. Press Enter to print the form.

The printed Form VAT - 16 is shown below:

Form Description - Form VAT 16 (Chandigarh)

A brief explanation about the form fields is given below:

Field Name

Description

Tax Period

Displays the month and year for which the return is filed.

1  PARTICULARS OF BUSINESS

1.1 Full Name of Applicant (M/s)

Displays the Mailing Name entered in the Company Creation screen .

1.2 Address  of Applicant

Displays the Address entered in the Company Creation screen.

Pin

Displays PIN Code entered in the Company Creation screen.

State

Displays the State selected in the Company Creation screen.

Tel

Displays the Telephone No. entered in the Company Creation screen.

Fax

Displays the Fax No. entered in the Company Creation screen.

1.3 VRN

Displays the TIN entered in Company VAT Details screen of Statutory & Taxation features.

2 Details of Purchases

During the Period: From and To

Displays the dates of Form 16 report period.

2.1 Sr. No

Displays the serial number for the purchase transactions.

2.2 Value of Imports

Displays the net assessable value of purchases with Imports selected as the nature of transaction.

2.3 Value of inter-state purchases

Displays the net assessable value of inter-state purchase transactions.

2.4 Value of intra-state purchases

Displays the net assessable value of local purchases .

2.5 VAT paid on purchases (input tax)

Displays the following transaction details:

Net value of input VAT calculated on local purchases .

Debit value of input VAT entered in journal voucher to avail tax credit on purchase of capital goods .

Debit value of notional tax credit entered in journal voucher to avail tax credit on purchase of capital goods .

3 DETAILS OF SALES

During the Period: From and To

Displays the dates of Form 16 report period.

3.1 Sr. No

Displays the serial number for the sales transactions.

3.2 Value of exports out of India

Displays the net assessable value of sales with Exports selected as the nature of transaction.

3.3 Value of inter-state sales

Displays the assessable value of inter-state sales transactions.

3.4 Value of intra-state sales

Displays the net assessable value of local sales.

3.5 VAT (output tax)

Displays the net value of output VAT calculated on local sales .

4 Net tax payable

Displays auto calculated value.

Name

Displays the Name entered in the Print Report screen of Form 16 .

Designation

Displays the Status/Designation entered in the Print Report screen of Form 16 .