JVAT Form 200 is the quarterly return form filed by regular dealers. The dealer has to file his return by entering the data directly in the Jharkhand commercial tax department portal. Tally.ERP 9 provides all the information in print format. These details can then be entered in the online form.
To print Form VAT 200
1. Go to Gateway of Tally > Display > Statutory Reports > VAT > Form VAT 200.
2. Press Ctrl+P.
3. Press Enter.
The fields in the form are described below:
Field Name |
Description |
Basic Info |
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TIN |
Displays the TIN of the assessee, as recorded in the field TIN in the Company VAT Details screen. |
Name & Address of the Dealer |
Displays the name and address of the dealer, as recorded in Mailing Name and Address field in the company master. |
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Period covered by this Return From To |
Displays the period for which Form 200 is being filed and generated in Tally.ERP 9. |
(i) If you have made No "Sales ", Select Option Yes or No. |
Displays Yes if vatable sales transactions are recorded in the reporting period. |
If you have made No " Purchases", Select Option Yes or No. |
Displays Yes if Vatable purchase transactions are recorded in the reporting period. |
Nil Return Yes/No |
Displays Yes in case of Nil returns. |
Dealer Category |
Displays the periodicity of return filing by the assessee. The option Quarterly is displayed for Form 200. |
Return Type |
Displays Original or Revised return, as selected in the field Type of Return in the Print Report screen while printing Form 200. |
If Revised is yes , Receipt No. of Original return |
Displays the receipt no. of the original return or revised return, as recorded in the field Receipt No. of Original return in the Print Report screen while printing Form VAT 200. This field appears only when Revised is selected as Return Type. |
Receipt Date of Original return |
Displays the receipt date of the original return or revised return, as recorded in the field Receipt Date of Original return in the Print Report screen while printing Form VAT 200. This field appears only when Revised is selected as Return Type. |
Remarks |
Displays the remarks recorded by the assessee, as recorded in the field Remarks in the Print Report screen while printing Form VAT 200. |
Purchase Details |
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Interstate purchase /Arrivals during the Period |
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Particulars |
Purchase Price Including Tax (as applicable) |
(5) Inter-State "Arrivals" otherwise than by way of sale from other States |
Displays the net assessable value and tax amount from all the purchase transactions (less purchase returns) recorded for interstate transfer of goods in the return period. It is the value from all purchase transactions recorded with Interstate Branch Transfer Inward and Interstate Consignment Transfer Inward as the Nature of transaction. The net value of purchase is displayed after excluding the value of purchase returns. |
(6) Inter-State purchases u/s 3(a) read with section 8(1)of the CST Act 1956 other than capital goods |
Displays the net assessable value and tax amount from all the interstate purchase transactions with C form (less purchase returns) for goods other than capital goods. It is the value from all purchase transactions recorded with Interstate Purchase - Against Form C and Interstate Purchase Exempt - With Form C as the Nature of transaction. The net value of purchase is displayed after excluding the value of purchase returns. |
(7) Inter-State purchases u/s 3(a) read with section 8(1)of the CST Act 1956 capital goods |
Displays the net assessable value and tax amount from all interstate transactions (less purchase returns) recorded for the purchase of capital goods with C form. It is the value from all purchase transactions recorded with Interstate Purchase - Against Form C and Interstate Purchase Exempt - With Form C as the Nature of transaction and Capital Goods as Type of goods. The net value of purchase is displayed after excluding the value of purchase returns. |
(8) Inter-State purchases u/s 3(a) read with section 8(2)of the CST Act 1956 |
Displays the net assessable value and tax amount from taxable interstate purchase transactions. In case of exempt interstate purchase, only the net assessable value is displayed. It is the value from all purchase transactions recorded with Interstate Purchase - Taxable and Interstate Purchase Exempt as the Nature of transaction. The net value of purchase is displayed after excluding the value of purchase returns. |
(9) Inter-State purchases u/s 3(a) or 3(b) of the CST Act from SEZ/other similar units of other states |
Displays the net assessable value from taxable interstate purchase transactions at zero rate against I form. It is the value from all purchase transaction recorded with Interstate Purchase - Zero Rated as the Nature of transaction and SEZ/STP/EHTP as the Party Entity/ Org. Type. The net value of purchase is displayed after excluding the value of purchase returns. |
(10) Inter-State purchases 3(b) of the CST Act 1956 of goods other than capital goods |
Displays the net assessable value and tax amount or only assessable from all interstate purchase transactions affected by transfer of title (less purchase returns) for goods other than capital goods, when they are in transit. It is the value from all purchase transactions recorded with Interstate Purchase - E1, Interstate Purchase Exempt - E1, and Interstate Purchase - E2 as the Nature of transaction. In case of Interstate Purchase Exempt - E1 and Interstate Purchase - E2 transactions, only assessable value is considered without tax. The net value of purchase is displayed after excluding the value of purchase returns. |
(11) Inter-State purchases 3(b) of the CST Act 1956 of goods capital goods |
Displays the net assessable value and tax amount or only the assessable from all the interstate purchase transactions affected by the transfer of title (less purchase returns) for capital goods, when they are in transit. It is the value from all purchase transactions recorded with Interstate Purchase - E1, Interstate Purchase Exempt - E1, and Interstate Purchase - E2 selected as the Nature of transaction and Capital Goods as Type of goods. In case of Interstate Purchase Exempt - E1 and Interstate Purchase - E2 transactions, only assessable value is considered without tax. The net value of purchase is displayed after excluding the value of purchase returns. |
(12) "Import" from outside the Country |
Displays the net assessable value from all purchase transactions recorded for the purchase of goods. It is the assessable value from purchase transactions recorded with Imports as the Nature of transaction. |
(12)(A)Last Purchase of Goods occasioning the Export u/s 5 (3) of CST Act, 1956 |
Displays the net assessable value from the purchase made for the purpose of export. It is the net assessable value from purchase transactions recorded with Interstate Purchase Deemed Export and Purchase Deemed Export as the Nature of transaction. The net value of purchase is displayed after excluding the value of purchase returns. |
Intrastate Purchases/Arrivals during the Period(Inputs) |
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Particulars |
Purchase (Excl. Tax)/ Transfer of goods/ Input Tax paid/ Computed |
(13) Purchases of Exempted Goods (Schedule-I) |
Displays the net assessable value from transactions recorded for local purchase of schedule I exempt goods. It is the assessable value from purchase transactions recorded with Purchase Exempt as the Nature of transaction and Not Applicable as the Type of goods. |
(14) Purchases from unregistered dealers / persons |
Displays the net assessable value from transactions recorded for purchases from local unregistered dealers. It is the assessable value from purchase transactions recorded with Purchase From Unregistered Dealer as the Nature of transaction. |
(15) Non-creditable purchases from registered dealers / persons |
Displays the net assessable value from transactions recorded for non-creditable purchases from local dealer. It is the assessable value from purchase transactions recorded with Purchases Non-Creditable as the Nature of transaction and Not Applicable, or items other than petroleum products and medicine as the Type of goods. |
(16) Purchases by the dealers exempted u/s 57 of the Act |
Displays assessable value of exempt goods purchased or purchases from exempt dealers. It is the assessable value from purchase transactions recorded with Purchase Exempt as the Nature of transaction, and Exempt(Under Section 57/Notification/unit) selected as the Type of exemption in the VAT Details screen of the party master. |
(17) Stock transfers from branches or by a Principal or by an Agent within State |
Displays net assessable value of purchase transactions recorded for stock transfer inward from within the state. It is the assessable value from purchase transactions recorded with Branch Transfer Inward, and Consignment Transfer Inward as Nature of transaction and Agent, Branch, Unit, and Principal as Party Entity/Org. Type. |
(18) Purchases of Medicines specified u/s 9 (2) of the Act (MRP Scheme) |
Displays the gross assessable value from transactions recorded for purchase of medicine within the state under MRP scheme. It is the assessable value from purchase transactions recorded with Non Creditable Purchase - Special Goods and Purchase Exempt as the Nature of transaction and Medicine as the Type of goods. In case the option Calculate VAT on MRP? is enabled in item master, then MRP Assessable value is displayed. |
(19) Input Tax Credit brought forward from the preceding Quarter JVAT 200 |
Displays input tax credit amount brought forward from previous return period. It is the debit opening balance of the VAT ledger or the value appearing under Excess Input Credit Brought Forward in Form JVAT 200 report generated for the return period. |
(20) Eligible ITC on Purchase of Capital Goods: as per JVAT 406 |
Displays the value of input tax credit availed on capital goods purchased on installment basis. It is the value of VAT tax ledger debited in journal voucher, recorded for availing input credit on capital goods, by selecting Input Tax Credit Admitted On Capital Goods as the Nature of adjustment. |
21. Intrastate Taxable purchases as specified in Part A, B, C, D & F of Schedule II with description other than medicine specified u/s sec 9(2) |
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(a) Description |
Displays the type or nature of transactions (other than Schedule II Part E)as defined by the Jharkhand commercial tax Department for purchases made within the state. The different options available for selection are: ● Goods received by free supply /incentives or any other manner - this option is selected for transactins recorded for purchase of items with the option Calculate VAT on actual quantity? enabled. This is applicable only when MRP is enabled. ● Price adjustments - this option is selected for credit note recorded for price adjustment with Purchase Taxable and Purchase - Works contract selected as the Nature of transaction, and Change in Consideration as the Nature of Return in Statutory Details screen of the credit note. ● Taxable Goods - this option is selected for purchase transactions with Purchase Taxable, Purchase - Works contract, and Purchase Taxable - Capital Goods as the Nature of transaction. The values are captured VAT rate-wise against the Description, hence each description has to be selected multiple times based on the number of rate of tax. |
(b) Rate of tax |
Displays the VAT rate at which transactions were recorded. The rates available for selection are 1%, 2%, 2.5%, 5%, 5.5%, 10%, 14%, 14.5%, 20%, and 22%. |
(c) Purchase Price of Goods excluding tax (Before Purchase Return) |
Displays the net assessable value for the Description and Rate of tax combination selected. Tally.ERP 9 displays the assessable value and tax amount for each rate in a different row. In the online form, select the Description and Rate of tax, and enter the Purchase Price of Goods excluding tax (Before Purchase Return). Click Add to add the value. Similarly, enter tax value for each Rate of tax. |
(d) Amount of Input Tax paid |
Displays the tax amount for the Description and Rate of tax combination selected. |
(e) Total of Purchases Price of Goods (Total of (c)) |
Displays the total assessable value for different Description and Rate of tax. This is auto computed based on the values entered in (c) Purchase Price of Goods excluding tax (Before Purchase Return). |
(f) Total |
Displays the tax for all the descriptions and all VAT rates. This is auto computed based on the values entered in (d) Amount of Input Tax paid. |
(22) “Apportion” of eligible input tax credit as computed |
Displays the total eligible input tax credit from Annexure A. It is the value from the box Total Eligible ITC in Annexure A. This is left blank, if no value is captured in Annexure A. |
(23) Total Amount of Input Tax |
Displays the total input tax amount claimed. If the previous box (22) is 0.00, then the total amount of input tax will be the sum of values captured in box 19 + 20 + 22. In case the previous box (22) is not 0.00 then the total amount of input tax will be the sum of values captured in box 19 + 20 +21 (F). " |
(24) Less: Amount of ITC on account of Purchase Return |
Displays the input tax credit amount from all purchase returns made for the local taxable purchases of tax rates 0%, 1%, 2% 2.5%,4%,5%, 5.5%, 10%, 14%, 14.5%, 18%,20%, and 22% in the reporting period. It is the value of the VAT ledger credited in all purchase return transactions recorded with Purchase Taxable, Purchase - Works Contract, and Purchase Taxable - Capital Goods as the Nature of transaction. The purchase return can be recorded using either debit note, journal voucher or receipt note. |
(25) Net Amount of Input Tax |
Displays the net amount of input tax after deducting input tax from purchase returns. It is the auto calculated value by deducting value in (24) from (23). |
(26))Breakup of details of purchase return as specified in Part A, B, C, D & F of Schedule II shown in column 24 |
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(a) Description * |
Displays the description of goods purchased within the state. The options available for selection are: ● Taxable Goods: This option is selected for purchase return transactions with Purchase Taxable, Purchase - Works contract, and Purchase Taxable - Capital Goods as the Nature of transaction, and Not Applicable and Change in Consideration as the Nature of Return in the Statutory Details screen of the transaction. The values are captured VAT rate-wise against the Description, hence each description has to be selected multiple times based on the number of rate of tax. |
(b) Rate of tax |
Displays the VAT rate for which transactions were recorded with Purchase Taxable, Purchase - Works contract, and Purchase Taxable - Capital Goods as the Nature of transaction, and Not Applicable and Change in Consideration as the Nature of Return. The rates available for selection are 1%, 2%, 2.5%, 5%, 5.5%, 10%, 14%, 14.5%, 20%, and 22%. |
(c) Taxable value of goods returned |
Displays the assessable value for the description and rate of tax combination selected from transactions recorded with Purchase Taxable, Purchase - Works contract, and Purchase Taxable - Capital Goods as the Nature of transaction, and Not Applicable and Change in Consideration as the Nature of Return. Tally.ERP 9 displays the assessable value and tax amount for each rate in a different row. In the online form, select the Description and Rate of tax, and enter the Tax value of goods returned. Click Add to add the value. Similarly, enter tax value for each Rate of tax. |
(d) Amount of Tax |
Displays the tax amount for the description and VAT rate combination selected. The tax amount has to be recorded for each description rate of tax combination before clicking the add button. |
(e) Total of (c) |
Displays total taxable value of all purchase returns with Purchase Taxable, Purchase - Works contract, and Purchase Taxable - Capital Goods as the Nature of transaction, and Not Applicable and Change in Consideration as the Nature of Return. This is auto computed based on the values in (c) Taxable value of goods returned. |
(f) Total of (d) |
Displays the tax for all the descriptions and all VAT rates. This is auto computed based on the values entered in (d) Amount of Tax. |
(27)Purchase Return of Medicine Specified u/s 9(2) |
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(a) Description * |
Displays the type of dealer while purchasing medicines. The options provided in for selection are: ● First Point of Seller: The assessable value and tax amount from purchase return transactions for medicines with Non Creditable Purchase - Special Goods as the Nature of transaction and Medicine as Type of goods, and First selected as the Point of purchase in the voucher, are captured against this description VAT rate-wise. ● Subsequent Seller: The assessable value from purchase return transactions for medicines with Purchase Exempt as the Nature of transaction and Medicine as Type of goods, and Second, and Subsequent selected as the Point of purchase in the voucher, are captured against this description VAT rate-wise. Note: There is no provision to enter tax amount for purchase returns from subsequent seller in the form. However, the tax amount is captured at the annexure level. Therefore, there may be a mismatch in the tax amount between form and annexure. |
(b) Rate of tax |
Displays the rate of tax at which medicines are purchased within the state. The VAT rate applicable on medicines is 5%. |
(c) Taxable value of goods returned |
Displays the taxable value from purchase return transactions for medicine from local dealers at 5% and 5.5% (applicable from 4th Nov 2016). The taxable value for the description First Point of Seller, and Subsequent Seller for the tax rate of 5% and 5.5% (applicable from 4th Nov 2016) is recorded one after another. |
(d) MRP Value of Goods |
Displays the MRP assessable value from purchase return transactions for medicine from local dealers at 5% and 5.5% (applicable from 4th Nov 2016). The MRP value for the description First Point of Seller, and Subsequent Seller for the tax rate of 5% and 5.5% (applicable from 4th Nov 2016) is recorded one after another. Tally.ERP 9 displays the assessable value and tax amount for each rate in a different row. In the online form, select the Description and Rate of tax, and enter the Tax value of goods returned and the MRP Value of Goods. Click Add to add the value. Similarly, enter tax value for each Rate of tax. |
(e) Amount of Tax |
Displays the input tax credit amount from purchase return transactions for medicine from local dealers at 5%. The input tax credit amount for the description First Point of Seller and Subsequent Seller for the tax rate of 5% is recorded one after another. |
(f) Total of ( c) |
Displays the sum of values captured in the box (c) Taxable value of goods returned for different tax rates and description. |
(g) Total of (d) |
Displays the sum of values captured in the box (d) MRP Value of Goods for different tax rates and description. |
(h) Total of (c) |
Displays the sum of values captured in the box (e) Amount of Tax for different tax rates and description. |
(28)For goods such as Petrol, High Speed Diesel Oil, Light Diesel Oil, Aviation Turbine Fuel, Liquors or IMFL, Molasses, Narcotics and Methylated & Rectified Spirit : "PURCHASES" |
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Particulars |
Purchase Price excluding Tax / Tax Paid (in preceding stage of Sale) |
(i) (a) Taxable Purchases/Transfers of Goods specified in Part-E of Schedule-II : Petrol |
Displays the net assessable value from transactions recorded for purchase/transfer of goods specified in part E of schedule II, such as petrol taxable at the special rate of 20%. It is the net assessable value (after purchase returns) from purchase transactions with Purchase Taxable and Purchases Non-Creditable as the Nature of transaction and Petrol as the Type of goods. |
(b) Taxable Purchases/Transfers of Goods specified in Part-E of Schedule-II : Diesel |
Displays the net assessable value from transactions recorded for purchase/transfer of petrol taxable at the special rate of 20%. It is the net assessable value (after purchase returns) from purchase transactions with Purchase Taxable and Purchases Non-Creditable as the Nature of transaction, and High Speed Diesel Oil, and Light Diesel Oil as the Type of goods. |
(c) Taxable Purchases/Transfers of Goods specified in Part-E of Schedule-II : ATF |
Displays the net assessable value from transactions recorded for purchase/transfer of ATF (Aviation Turbine Fuel) taxable at the special rate of 20%. It is the net assessable value (after purchase returns) from purchase transactions with Purchase Taxable and Purchases Non-Creditable as the Nature of transaction and ATF as the Type of goods. |
(d) Taxable Purchases of Goods specified in Part-E of Schedule-II : IMFL |
Displays the net assessable value from transactions recorded for purchase/transfer of IMFL (Aviation Turbine Fuel) taxable at the special rate of 20%. It is the net assessable value (after purchase returns) from purchase transactions with Purchase Taxable and Purchases Non-Creditable as the Nature of transaction and IMFL as the Type of goods. |
(e) Taxable Purchases of Goods specified in Part-E of Schedule-II : Country liquor |
Displays the net assessable value from transactions recorded for purchase/transfer of country liquor taxable at the special rate of 20%. It is the net assessable value (after purchase returns) from purchase transactions with Purchase Taxable and Purchases Non-Creditable as the Nature of transaction and Country Liquor as the Type of goods. |
(f) Taxable Purchases of Goods specified in Part-E of Schedule-II : Other goods (Other goods include Molasses, Narcotics, Methylated & Rectified Spirit,, Natural Gas ,Steam and Furnace Oil)) |
Displays net assessable value from transactions recorded for purchase/transfer of Molasses, Narcotics, Methylated & Rectified Spirit, Natural Gas, Steam and Furnace Oil taxable at the special rate of 20%. It is the net assessable value (after purchase returns) from purchase transactions with Purchase Taxable and Purchases Non-Creditable as the Nature of transaction, and Molasses, Narcotics, Methylated & Rectified Spirit, Natural Gas, Steam, and Furnace Oil as the Type of goods. |
Total |
Displays the sum of net assessable purchase values captured in this section. |
28)(ii) Tax Paid Purchases of Goods specified in Part-E of Schedule-II |
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(a) Description of Goods * |
Displays the different type of goods transacted at special rates. The different type of goods listed for selection are ATF, Steam, Furance Oil, Light Diesel Oil, High Speed Deisel oil, Country Liquor, Molasses, Narcotics, Other goods, Petrol, Methylated & Rectified Spirit, Liquors including IMFL but excluding Country Liquors, and Natural Gas - all varieties and description including Coal bed methane gas. The net assessable value from transactions with Purchase Exempt and Non Creditable Purchase - Special Goods as the Nature of transaction are recorded against each description (type of goods) for each tax rate. |
(b) Rate of tax |
Displays the VAT rate at which transactions were recorded with type of items selected in the above description. The rates available for selection are 4%, 14%, 14.5%, 18%, 20%, 22%, 35%, 50%, 15 /Litre & 8.37 /Litre. |
(c) Purchase price excluding tax |
Displays the assessable value for the description and rate of tax combination. The net assessable value from transactions with Purchase Taxable and Purchases Non-Creditable as the Nature of transaction, and the Type of goods selected in description field is captured for each tax rate. Tally.ERP 9 displays the assessable value and tax amount for each rate in a different row. In the online form, select the Description of Goods and Rate of tax, and enter the Purchase price excluding tax. Click Add to add the value. Similarly, enter tax value for each Rate of tax. |
(d) Tax Paid (in the preceding stage of Sale in the State) |
Displays tax paid for the description and rate of tax combination. The tax amount from transactions with Purchase Taxable and Purchases Non-Creditable as the Nature of transaction, and the Type of goods selected in the description field is captured for each tax rate. |
(e) Total of (c) |
Displays the sum of purchase values captured in the box (c) Purchase price excluding tax for different tax rates and description. |
(f) Total of (d) |
Displays the sum of tax amount captured in the box (d) Tax Paid (in the preceding stage of Sale in the State) for different tax rates and description. |
Gross Turnover Detail |
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(29) Gross Turnover (excluding tax) * |
Displays the gross assessable value from all local taxable sales transactions, net assessable value from exempt and tax free sales transactions, and gross assessable value without deduction from works contract transactions. It is the value from sales transactions with Interstate Consignment Transfer Outward, Consignment Transfer Outward, Interstate Branch Transfer Outward, Branch Transfer Outward, Exports, Interstate Sales - Against Form C, Interstate Sales - Taxable, Interstate Sales - E1, Interstate Sales - E2, Interstate Sales Exempt, Interstate Labour Charges Collected, Labour Charges Collected, Interstate Sales - Zero Rated, Deemed Export, Sales Exempt, Interstate Sales - Zero Rated, Sales Taxable, Sales - Works Contract, Interstate Deemed Export, and Interstate Sales Exempt - E1 as the Nature of transaction. |
(30) Less charges received u/s 9(4)(c) of the Act/ or other non-taxable charges |
Displays sum of all deductions, such as labour charges, recorded in sales and sales related transactions. It is the deduction value from transactions with Sales - Works contract as the Nature of transaction, and the assessable value from transactions with Labour Charges Collected as the Nature of transaction. Further, the value of the ledger credited in journal voucher recorded by selecting Decrease of Output Tax as the Nature of adjustment and Reversal of Labour and Service Charges as Additional Details is also considered. |
(31) Less: Intra State Sales Return (excluding tax) |
Displays the assessable value from all local sales returns. It is the value from sales return transactions recorded with Sales Taxable and Sales - Works contract as the Nature of transaction. |
(32) Balance Turnover |
Displays the balance turnover. [(30 + 31) - 29] |
(33)Details of Intra State Sales Return [Other than medicine specified u/s 9(2)] |
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(a) Description of Goods * |
Displays the description for type of goods returned by customers. The option available for selection is: ● Taxable Goods: This option is selected for transactions recorded with Sales Taxable and Sales - Works Contract as the Nature of transaction. The values are captured VAT rate-wise against the Description of Goods, hence each description has to be selected multiple times based on the number of rate of tax. |
(b) Rate of tax * |
Displays the rate at which returned goods are transacted. The rates available for selection are 0%, 1%, 2% 2.5%,4%,5%, 5.5%, 10%, 14%, 14.5%, 18%, 20%, 22%, 35%, and 50%. |
(c) Sale Price of goods excluding Tax * |
Displays the sales value of the goods returned. The net assessable value from sales return transactions with Sales Taxable and Sales - Works Contract as the Nature of transaction (based on the description selected) is captured for each tax rate. Tally.ERP 9 displays the assessable value and tax amount for each rate in a different row. In the online form, select the Description of Goods and Rate of tax, and enter the Sale Price of goods excluding Tax. Click Add to add the value. Similarly, enter tax value for each Rate of tax. |
(d) Output Tax * |
Displays tax amount for the goods sold returned for the description and rate of tax combination. The tax amount from sales return transactions with Sales Taxable and Sales - Works Contract as the Nature of transaction is captured for each tax rate. |
(e) Total of (c) |
Displays the sum of taxable sales returns as captured in the box (c) Sale Price of goods excluding Tax * for different tax rates and description. |
(f) Total of (d) |
Displays the sum of tax amount from sales returns as captured in the box (d) Output Tax * for different tax rates and description. |
(34)Details of Intra State Sales Return of medicine specified u/s 9(2) |
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(a) Description of Goods *
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Displays description of the dealer by whom goods are returned. The options available for selection are: ● First Point of Seller: The assessable value and tax amount from sales return transactions for medicines with Sales Taxable as the Nature of transaction, Medicine as Type of goods, and First selected as the Point of sale in the voucher, are captured against this description VAT rate-wise. ● Subsequent Seller: The assessable value and tax amount from sales return transactions for medicines with Sales Exempt as the Nature of transaction, Medicine as Type of goods, and Second, and Subsequent Seller selected as the Point of sale in the voucher are captured against this description VAT rate-wise. |
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(b) Rate of tax *
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Displays the rate of tax for goods (medicine) returned by the customer. The VAT rate applicable on medicines is 5%. |
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(c) Sale Price of goods excluding Tax *
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Displays the taxable value from sales return transactions for medicine from local dealers at 5% and 5.5% (applicable from 4th Nov 2016). The taxable value for the description First Point of Seller, and Subsequent Seller for the tax rate of 5% and and 5.5% (applicable from 4th Nov 2016) is recorded one after another. |
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(d) Maximum Retail Price (MRP) *
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Displays the MRP assessable value from sales return transactions for medicine from local dealers at 5% and 5.5% (applicable from 4th Nov 2016). The MRP value for the description First Point of Seller and Subsequent Seller for the tax rate of 5% and 5.5% (applicable from 4th Nov 2016) is recorded one after another. Tally.ERP 9 displays the assessable value and tax amount for each rate in a different row. In the online form, select the Description of Goods and Rate of tax, and enter the Sale Price of goods excluding Tax and Maximum Retail Price (MRP). Click Add to add the value. Similarly, enter tax value for each Rate of tax. |
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(e) Amount of tax *
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Displays the input tax credit amount from purchase return transactions for medicine from local dealers at 5%. The input tax credit amount for the description First Point of Seller and Subsequent Seller for the tax rate of 5% and 5.5% (applicable from 4th Nov 2016) is recorded one after another. |
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(f) Total of (c)
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Displays the sum of taxable value of goods returned, as captured in the box (c) Sale Price of goods excluding Tax * for different descriptions and tax rates. |
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(g) Total of (d)
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Displays the sum of MRP value of goods returned, as captured in the box (d) Maximum Retail Price (MRP) * for different descriptions and tax rates. |
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(h) Total of (e)
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Displays the some of tax amount on goods returned, as captured in the box (e) Amount of tax * for different descriptions and tax rates. |
(35) Total Amount of Tax on Sales Return as shown in Column 33 & 34: [33(f)+34(h)] |
Displays auto computed total of sales returns the as sum of values captured in 33(f) and 34(h). |
InterState Sales/Transfer during the Period |
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(36) Inter-State "Export" sales u/s 5(1) & 5(3) of the CST Act |
Displays the net assessable value from sales transactions recorded for export of goods. It is the net assessable value from sales transactions recorded with Exports, Interstate Deemed Export, and Deemed Export as the Nature of transaction, and by selecting declaration Form H. |
(37) Inter-State Branch Transfers / Consignment Sales (Exempt Transactions) |
Displays the net assessable value from sales transactions recorded for interstate transfer outwards. It is the net assessable value from sales transactions recorded with Interstate Branch Transfer Outward and Interstate Consignment Transfer Outward as the Nature of transaction, and by selecting declaration Form F. |
(38) Inter-State Sales to the registered dealers u/s 3(a) read with Section 8(1) of the CST Act 1956 |
Displays the net assessable value from interstate sales transaction against Form C. It is the net assessable value from sales transactions recorded with Interstate Sales - Against Form C as the Nature of transaction, and by selecting declaration Form C. |
(39) Inter-State Sales to the unregistered dealers u/s 3(a) read with Section 8(2) of the CST Act 1956 |
Displays the net assessable value from interstate sales taxable at local rate. It is the net assessable value from sales transactions recorded with Interstate Sales - Taxable as the Nature of transaction. |
(40) Inter-State Sales u/s 3(b) of the CST Act 1956 |
Displays the net assessable value from interstate sale of goods affected by the transfer of rights while the goods are in transit. It is the net assessable value from sales transactions recorded with Interstate Sales - E1, Interstate Sales - E2, and Interstate Sales Exempt - E1 as the Nature of transaction and by selecting C Form, Form E1, and Form E2. |
(41) Interstate sales u/s 3(a) or 3(b) of CST Act to SEZ/Other similar units |
Displays the net assessable value from transactions recorded for sale of goods to SEZ or other such units against Form I. It is the net assessable value from sales transactions recorded with Interstate Sales - Zero Rated as the Nature of transaction and SEZ/STP/EHT as the Party Entity/Org. Type, against I Form. |
(42) Inter-State Sales to persons referred in Section 6(3) of the CST Act |
Displays the net assessable value from transactions recorded for sale of goods to diplomatic missions against Form I. It is the net assessable value from sales transactions recorded with Interstate Sales - Zero Rated as the Nature of transaction and Diplomatic Missions, U.N, UNICEF, WHO & Foreign Aid as the Party Entity/Org. Type, against I Form. |
IntraState Sales/Transfer during the Period |
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(43) Stock transfers to branches or to a Principal to the Agents within State
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Displays the net assessable value from outward transfer of goods within the state. It is the net assessable value from sales transactions recorded with Branch Transfer Outward and Consignment Transfer Outward as the Nature of transaction, against F Form. |
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(44) Sale of Exempted Goods (Schedule-I Goods)
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Displays the net assessable value from exempt sales within the state. It is the net assessable value from sales transactions recorded with Sales Exempt as the Nature of transaction. |
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(45) Sale of Goods by the dealers / persons exempted u/s 57 of the Act
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Displays the net assessable value from sales made to exempted units within the state. It is the net assessable value from sales transactions recorded with Sales Exempt as the Nature of transaction and Exempted Unit as the Company Nature of Business. |
(46) Sale of Goods to the dealers / persons exempted u/s 57 of the Act |
Displays the net assessable value from sales made to exempted units within the state. It is the net assessable value from sales transactions recorded with Sales Exempt as the Nature of transaction, and Exempt(Under Section 57/Notification/unit) selected as the Type of exemption in party master. |
(47)Details of Purchase Tax u/s 10 |
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(a) Description of Goods *
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Displays the description for goods purchased from unregistered dealers. The option available for selection is: ● Taxable Goods: The value of the tax ledger credited in the journal voucher recorded by selecting Tax on URD Purchase as the Nature of adjustment is captured against this description. The values are captured VAT rate-wise against the Description of Goods, hence each description has to be selected multiple times based on the number of rate of tax. |
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(b) Rate of tax *
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Displays the rate of tax on goods purchased from URD. The rate of tax available for selection are 1%, 2.5%, 5%, 5.5%, 10%, 14%, 14.5%, 20%, and 22%. |
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(c) Purchase Price of Goods excluding tax *
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Displays the taxable value of goods purchased from URD. The taxable value for the description Taxable Goods is recorded for each tax rate one after another. |
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(d) Tax Amount [(b)*(c)] *
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Displays the tax amount of goods purchased from URD. The tax amount for the description Taxable Goods is recorded for each tax rate one after another. |
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(e) Total of (c)
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Displays the sum of taxable values from all URD purchases, as captured in (c) Purchase Price of Goods excluding tax *. The values are captured tax rate-wise. |
(f) Total of (d) |
Displays the sum of tax amount from all URD purchases as captured in (d) Tax Amount [(b)*(c)] *. The values are captured tax rate-wise. |
(48)Taxable Sales as specified in Part A,B,C,D & F of Schedule II with description other than medicine specified u/s sec 9(2) |
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(a) Description of Goods *
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Displays the description for the type of sale made within the state. The options available for selection are: ● Other taxable Goods: The value from sales transaction recorded with Sales Taxable and Sales - Works Contract as the Nature of transaction is captured against this description for each tax rate one after another. ● Price Adjustments: The value from debit notes recorded with Sales Taxable and Sales - Works Contract as the Nature of transaction, and Change in Consideration selected as the Nature of Return in the voucher, is captured against this description for each tax rate one after another. ● Goods disposed off by way of Free Supply /Incentives or any other manner: The value from sales transactions recorded with different actual and billed quantity by selecting Sales Taxable and Sales - Works Contract as the Nature of transaction is captured against this description for each tax rate one after another. This is applicable when MRP is enabled. |
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(b) Rate of tax *"
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Displays the tax rate for the type of sale made within the state. The tax rates available for selection are 1%, 2%, 2.5%, 5%, 5.5%, 10%, 14%, 14.5, 20%, and 22%. |
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(c) Sale Price of goods excluding Tax(Before Sales Return) *
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Displays the taxable value from local sales and sales related transactions. The taxable value for the description Other taxable Goods, Price Adjustments, and Goods disposed off by way of Free Supply /Incentives or any other manner is recorded for each tax rate one after another. Tally.ERP 9 displays the assessable value and tax amount for each rate in a different row. In the online form, select the Description of Goods and Rate of tax, and enter the Sale Price of goods excluding Tax(Before Sales Return). Click Add to add the value. Similarly, enter tax value for each Rate of tax. |
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(d) Output Tax *
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Displays the tax amount from local sales and sales related transactions. The tax amount for the description Other taxable Goods, Price Adjustments, and Goods disposed off by way of Free Supply /Incentives or any other manner is recorded for each tax rate one after another. |
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(e) Total of (c)
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Displays the total taxable value from local sales and sales related transactions, as captured in (c) Sale Price of goods excluding Tax(Before Sales Return) * for all Description of Goods and Rate of tax. |
(f) Total of (d) |
Displays the total tax amount from local sales and sales related transactions as captured in (d) Output Tax * for all Description of Goods and Rate of tax. |
(49)Turnover for the Manufacturing/ Importing/ Reselling Dealer of medicines specified u/s 9(2) |
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(a) Description of Goods *
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Displays the description for the type of dealer selling medicinal goods within the state. The options available for selection are: ● Manufacturer is selected when Sales Taxable is selected as the Nature of transaction and Manufacturer is selected as the Party Entity/Org. Type in the ledger master. ● Importer is selected when Sales Taxable is selected as the Nature of transaction and Importer is selected as the Party Entity/Org. Type in the ledger master. ● Reseller is selected when Sales Exempt is selected as the Nature of transaction and Reseller is selected as the Party Entity/Org. Type in the ledger master.
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(b) Taxable Sales Turnover excluding tax(Before Sales Return) * |
Displays the assessable value of medicinal goods solds. |
(c) MRP of Goods sold * |
Displays the assessable value of medicinal goods based on the MRP set for the items. |
(d) MRP of Goods supplied free, if any * |
Displays the assessable value of medicinal goods given for free based on the MRP set for the items. This is calculated based on difference in quantity when actual and billed quantity are selected in a transaction. |
(e) Total of Maximum Retail Prices E = (C+D) * |
Displays auto populated value. |
(f) Tax Payable * |
Displays the VAT amount calculated on the MRP value of goods. |
(g) Total of (b) |
Displays auto populated value. |
(h) Total of (c) |
Displays auto populated value. |
(i) Total of (d) |
Displays auto populated value. |
(j) Total of (e) |
Displays auto populated value. |
(k) Total of (f) |
Displays auto populated value. |
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(50) Total Amount Of Output Tax [47(f)+48(f)+49(k)]
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Displays the auto populated sum. |
(51) VAT Payable [Col.50-Col.25] |
Displays the auto populated value of VAT payable. |
(52)For goods such as Petrol, High Speed Diesel Oil, Light Diesel Oil, Aviation Turbine Fuel, Liquors or IMFL, Molasses, Narcotics and Methylated & Rectified Spirit . "SALES" |
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(i) (a) Taxable Sales of Goods specified in Part-E of Schedule-II : Petrol- oil companies to another oil company |
Displays the gross assessable value from transactions recorded for the sale of petrol from one oil company to another. The consolidated assessable value from transactions recorded with Sales Taxable selected as the Nature of transaction, Petrol selected as the Type of goods, and Oil Company selected as the Party Entity/Org. Type in the sales ledger or as the Dealer Category in the VAT Details screen of the party ledge, is captured here. |
(b) Taxable Sales of Goods specified in Part-E of Schedule-II : Diesel- oil companies to another oil company |
Displays the gross assessable value from transactions recorded for the sale of diesel from one oil company to another. The consolidated assessable value from transactions recorded with Sales Taxable selected as Nature of transaction, High speed diesel Oil and Light Diesel Oil selected as the Type of goods, and Oil Company selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen of the party ledger, is captured here. |
(c) Taxable Sales of Goods specified in Part-E of Schedule-II : ATF- oil companies to another oil company |
Displays the gross assessable value from transactions recorded for the sale of ATF from one oil company to another. The consolidated assessable value from transactions recorded with Sales Taxable selected as the Nature of transaction, ATF selected as the Type of goods, and Oil Company selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen of the party ledger, is captured here. |
(ii) (a) Tax Paid Sales of Goods specified in Part-E of Schedule-II : Petrol |
Displays the net assessable value (less sales returns) from transactions recorded for the sale of petrol from one oil company to another. The consolidated net assessable value from transactions recorded with Sales Exempt selected as the Nature of transaction, Petrol selected as the Type of goods, and Oil Company selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen fo theparty ledger, is captured here. |
(b) Tax Paid Sales of Goods specified in Part-E of Schedule-II : Diesel |
Displays the net assessable (less sales returns) value from transactions recorded for sale of diesel from one oil company to another. The consolidated net assessable value from transactions recorded with Sales Exempt selected as Nature of transaction, High speed diesel Oil and Light Diesel Oil selected as Type of goods, and Oil Company selected as Party Entity/Org. Type in sales ledger or as the Dealer Category in party ledger VAT Details screen, is captured here. |
(c) Tax Paid Sales of Goods specified in Part-E of Schedule-II : ATF |
Displays the net assessable value (less sales returns) from transactions recorded for the sale of ATF from one oil company to another. The consolidated net assessable value from transactions recorded with Sales Exempt selected as the Nature of transaction, ATF selected as the Type of goods, and Oil Company selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen of the party ledger, is captured here. |
(d) Tax Paid Sales of Goods specified in Part-E of Schedule-II : IMFL |
Displays the net assessable value (less sales returns) from transactions recorded for sale of IMFL from one oil company to another. The consolidated net assessable value from transactions recorded with Sales Exempt selected as the Nature of transaction, IMFL selected as the Type of goods, and Oil Company selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen of the party ledger, is captured here. |
(e) Tax Paid Sales of Goods specified in Part-E of Schedule-II : Country liquor |
Displays the net assessable value (less sales returns) from transactions recorded for the sale of country liquor from one oil company to another. The consolidated net assessable value from transactions recorded with Sales Exempt selected as the Nature of transaction, Country Liquor selected as the Type of goods, and Oil Company selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen of the party ledger, is captured here. |
(f) Tax Paid Sales of Goods specified in Part-E of Schedule-II : Other goods (Others include Molasses, Narcotics, Methylated & Rectified Spirit,, Natural Gas ,Steam and Furnace Oil) |
Displays the net assessable value (less sales returns) from transactions recorded for the sale of other goods from one oil company to another. The consolidated net assessable value from transactions recorded with Sales Exempt or Sales Taxable (options other than Oil Company selected as the Party Entity/Org. Type in the sales ledger or as the Dealer Category in the VAT Details screen of the party ledger) selected as the Nature of transaction, and Molasses, Narcotics, Methylated and Rectified Spirit, Natural Gas Oil, Steam, and Furnace Oil selected as the Type of goods, is captured here. |
(53)Taxable Sales of Goods specified in Part-E of Schedule-II : Oil companies to the dealers |
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(a) Description of Goods *
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Displays the description for the type of goods transacted. The different options available for selection are: ● Petrol - Oil company to Other is selected when Sales Taxable is selected as the Nature of transaction, Petrol is selected as the Type of goods, and any option other than Oil Company is selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen of the party ledger. The gross assessable value from such transactions is captured against this option. ● Diesel - Oil company to Other is selected when Sales Taxable is selected as the Nature of transaction, High speed diesel Oil or Light Diesel Oil is selected as the Type of goods, and any option other than Oil Company is selected as the Party Entity/Org. Type in the sales ledger or as the Dealer Category in the VAT Details screen of the party ledger. The gross assessable value from such transactions is captured against this option. ● ATF - Oil company to Other is selected when Sales Taxable is selected as the Nature of transaction, ATF is selected as the Type of goods, and any option other than Oil Company is selected as the Party Entity/Org. Type in the sales ledger or as the Dealer Category in the VAT Details screen of the party ledger. The gross assessable value from such transactions is captured against this option. ● IMFL is selected when Sales Taxable is selected as the Nature of transaction, IMFL is selected as the Type of goods, and any option other than Oil Company is selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen of the party ledger. The gross assessable value from such transactions is captured against this option. ● Country Liquor is selected when Sales Taxable is selected as the Nature of transaction, Country Liquor is selected as the Type of goods, and any option other than Oil Company is selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen of the party ledger. The gross assessable value from such transactions is captured against this option. ● Other goods is selected when Sales Taxable is selected as the Nature of transaction, and Molasses, Narcotics, Methylated and Rectified Spirit, Natural Gas Oil, Steam or Furnace Oil is selected as the Type of goods, and any option other than Oil Company is selected as the Party Entity/Org. Type in sales ledger or as the Dealer Category in the VAT Details screen of the party ledger. The gross assessable value from such transactions is captured against this option. |
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(b) Rate of tax
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Displays the rate of tax applicable to the item in the transactions captured in this section. The rates available for selection are 4%, 14%, 14.5%, 18%, 20%, 22%, 35%, 50% , 15 Rs./ Litre, and 8.37 Rs./Litre. In case a transaction includes items with different rates, each item is recorded in a different row against the respective Description of Goods and Rate of tax. |
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(c) Sale Price Excluding Tax(Before Sales Return)
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Displays the gross assessable value for the particular description and rate of tax combination. |
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(d) Output Tax Payable (at the first stage of Sale in the State)
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Displays the VAT amount for the particular description and rate of tax combination. |
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(e) Total of (c)
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Displays the auto populated total assessable value. |
(f) Total of (d) |
Displays the auto populated total VAT amount. |
Net Tax Payable for this period |
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(54) VAT payable for this period [51+53(f)-35]
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Displays the auto populated VAT payable amount based on [51+53(f)-35]. |
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(55) Add the amount of Interest Payable, if any u/s 30(1) of the Act
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Displays the amount of interest payable on VAT, as the value of the current liability ledger credited in the journal voucher recorded by selecting Increase of Tax Liability as the Nature of adjustment and Interest as Additional Details. |
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(56) Add the amount of Penalty Payable, if any under the Act
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Displays the amount of penalty payable on VAT, as the value of the current liability ledger credited in the journal voucher recorded by selecting Increase of Tax Liability as the Nature of adjustment and Penalty as Additional Details. |
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(57) Adjust the amount of Tax deducted at source as shown & issued in JVAT 400
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Displays the amount of TDS adjusted, as the value of the current assets ledger credited in the journal voucher recorded by selecting Decrease of Output Tax as the Nature of adjustment and TDS Adjustments as Additional Details. |
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(57)(a) Indicate the Reverse Tax Amount [See section 2(xlvi) & 18(9) read with Rule 26(15)]
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Displays the value of reverse tax amount, as the credit value of the sales ledger created with Labour Charges Collected as the Nature of transaction, in the journal voucher recorded by selecting Decrease of Output Tax as the Nature of adjustment and Reversal of Labour and Service Charges as Additional Details. |
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(58) Balance VAT Payable
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Displays the auto populated value of the balance VAT payable. |
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(59) Tax Refundable
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Displays the amount of tax refundable, as the value of the VAT tax ledger credited in the journal voucher recorded by selecting Refund of Input Tax as the Nature of transaction. |
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(60) OR, Adjust the excess input tax amount against CST liability as shown in column 38.
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Displays the amount of ITC adjusted towards CST, as the value of the VAT tax ledger credited in the journal voucher recorded by selecting Decrease of Input Tax as the Nature of adjustment and Against CST as Additional Details. |
(61) Excess Input Tax Credit to be c/f to next period (If balance remains even excess) |
Displays the amount of excess input tax credit carried forward to the next period. |
(62)Details Of Amount Deferred |
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Total amount of deferred Tax admissible as per Form JVAT 408
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Displays the Total amount of deferred tax admissible recorded in the Company VAT Details screen. |
Validity date of Revised Eligible Certificate |
Displays the Date of eligibility certificate recorded in the Company VAT Details screen. |
Amount of Output Tax Payable in this tax period and : "deferred" |
Displays the amount of output tax payable and deferred, as the value of the current liabilities ledger credited in the journal voucher recorded by selecting Increase of Tax Liability as the Nature of adjustment and Tax Deferred as Additional Details. |
(63)Payment / Adjustment Details |
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Name of treasury where tax deposited or bank on which DD/Pay order/crossed cheque drawn/RAO |
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(i) Treasury/Bank *
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Displays the Name of the Bank recorded for the stat payment transaction in the Stat Payment Details screen of the Challan Reconciliation report. |
ii) Branch Name or Branch Code |
Displays the Name of Branch recorded for the stat payment transaction in the Stat Payment Details screen of the Challan Reconciliation report. |
Treasury receipt(TR)/DD/PO |
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(iii) Challan/Instrument Number/CIN *
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Displays the Challan No. recorded for the stat payment transaction in the Stat Payment Details screen of the Challan Reconciliation report. |
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(iv) Date *
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Displays the Deposit Date recorded for the stat payment transaction in the Stat Payment Details screen of the Challan Reconciliation report. |
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(v) Amount *
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Displays the Amount from the stat payment transaction for which the challan details are recorded. This includes transactions recorded using S: Stat Payment option and by selecting VAT as the Tax Type. |
Total |
Displays the total of all the stat payments. |
(64) Name of the commodity(s) dealt in |
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(i) Rate Of Tax
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Displays rates of tax. The different rate of tax listed for selection are 0%, 1%, 2%, 2.5%, 4%, 5%, 5.5%, 10%, 14%, 14.5%, 18%, 20%, 22%, 35%, and 50%. |
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(ii) Name of the Commodity
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Displays the commodity name of stock items transacted in current period at selected Rate of Tax. In case a single rate of tax is applicable to multiple commodities, each commodity is recorded in a separate row. |
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(iii) If others,please specify
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Displays the commodity name other than those listed in the selection table when the option Unspecified Commodities is selected in the (ii) Name of the Commodity column. |
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(iv) Value of Goods Purchases(Ex. Tax)
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Displays the total assessable value for the commodity from all purchases in the current period. |
(v) Value of Goods Sold (Ex. Tax) |
Displays the total assessable value for the commodity from all sales in the current period. |
(f) Total of Value of Goods Purchases(Ex. Tax) |
Displays the total assessable value of all the commodities purchased. |
(g) Total of Value of Goods Sold (Ex. Tax) |
Displays the total assessable value of all the commodities sold. |
Annexure A-Input tax Paid & claimed |
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Annexure A - Details of Turnovers for the Tax Period |
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(3) Total amount of "Sales", eligible for "Input Tax Credit" (refer section 18(4) |
Displays the gross assessable value of all taxable sales that are eligible for input tax credit. The gross assessable value from transactions with Sales Taxable (Type of Goods : All ), Sales - Works contract (Type of Goods : All), Interstate Sales - Against Form C, Interstate Sales - E1, Interstate Sales Taxable, and Interstate Sales - Works contract selected as the Nature of transaction is captured here. In case of works contract, the assessable value on which tax is applicable is considered. |
(4) Total amount of Sales of "Exempt Goods" (Schedule-I) |
Displays the gross assessable value from the sales of exempt goods. The gross assessable value from transactions with Sales Exempt (Type of Goods : All ), and Interstate Sales Exempt selected as the Nature of transaction is captured here. |
(5) Total amount of "Exempt Transactions" [See section 18(8)(ix) Rule 2(vii)] |
Displays the gross assessable value of all exempt sales. The gross assessable value from transactions with Interstate Consignment Transfer Outward, Interstate Branch Transfer Outward, Interstate Sales - E2, Interstate Sales Exempt - E1, Interstate Sales - Tax Free, Interstate Sales - Zero Rated, Sales Zero Rated, Interstate Sales - Zero Rated (Party Org Type : SEZ/Diplomatic mission), and Sales Zero Rated (Company nature of business: Exempted Unit) selected as the Nature of transaction is captured here. |
(6) Total amount of "Export Sales" |
Displays the net assessable value from export sales. The gross assessable value from transactions with Exports, Deemed Export, and Interstate Deemed Export selected as the Nature of transaction is captured here. |
(7) Total amount of Stock transfer within the State (See Rule 26(5)(ii) & 44) |
Displays the net assessable value from intra-state transfer outwards. The gross assessable value from transactions with Branch Transfer Outward and Consignment Transfer Outward selected as Nature of transaction is captured here. |
(II) Details of Input Tax Paid and claimed in the Tax Period |
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Rate of tax |
Displays the rate of tax at which goods are purchased within the state. The different VAT rates available for selection are 1%, 2%, 2.5%, 5%, 5.5%, 14%, 14.5%, 20%, and 22%. Select a VAT rate, enter the other details for the goods purchased and add the value. Repeat the same for each tax rate. In the online form, select the Rate of tax and enter the other details for the goods purchased. Click Add to add the value. Similarly, enter details for each Rate of tax. |
(b) VAT paid on common inputs |
Displays the VAT paid on common inputs towards a particular VAT rate in the ITC claimable details screen displayed on debiting the expense ledger in the journal voucher recorded by selecting Reversal of Input Tax as the Nature of adjustment and Reversal of Common Inputs as Additional Details. |
(c) VAT Paid on specific inputs |
Displays the VAT paid on specific inputs towards a particular VAT rate in the ITC claimable details screen displayed on debiting the expense ledger in the journal voucher recorded by selecting Reversal of Input Tax as the Nature of adjustment and Reversal of Common Inputs as Additional Details. |
(d) Eligible Input Tax on common inputs as computed by the prescribed formulas, on the common inputs |
Displays the ITC eligible on common inputs towards a particular VAT rate in the ITC claimable details screen displayed on debiting expense ledger in journal voucher recorded by selecting Reversal of Input Tax as Nature of adjustment and Reversal of Common Inputs as Additional Details. |
(e) Eligible ITC (c)+(d) |
Displays the auto populated sum. |
RATE OF TAX DETAILS |
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Rate Of Tax/Other Rate of tax |
4% portion of 5%, 5.5%, 10%, 12.5%, 14% & 14.5% |
VAT paid on common inputs |
Displays the 4% portion of VAT paid on common inputs towards 5%, 5.5%, 10%, 12.5%, 14% and 14.5% VAT rate in the ITC claimable details screen displayed on debiting the expense ledger in the journal voucher recorded by selecting Reversal of Input Tax as the Nature of adjustment and Reversal of Common Inputs as Additional Details. |
VAT Paid on specific inputs |
This field is blank. |
Eligible Input Tax on common inputs as computed by the prescribed formulas, on the common inputs |
Displays the 4% portion of ITC eligible on common inputs towards 5%, 5.5%, 10%, 12.5%, 14% and 14.5% VAT rate in the ITC claimable details screen displayed on debiting the expense ledger in the journal voucher recorded by selecting Reversal of Input Tax as the Nature of adjustment and Reversal of Common Inputs as Additional Details. |
Eligible ITC |
Displays the eligible ITC captured in previous box. |
Rate Of Tax/Other Rate of tax |
Balance 1%, 6%, 8.5%, 10% portion |
VAT paid on common inputs |
Displays the VAT paid on common inputs towards 1%, 6%, 8.5% , and 10% portion in the ITC claimable details screen displayed on debiting the expense ledger in the journal voucher recorded by selecting Reversal of Input Tax as the Nature of adjustment and Reversal of Common Inputs as Additional Details. |
VAT Paid on specific inputs |
This field is blank. |
Eligible Input Tax on common inputs as computed by the prescribed formulas, on the common inputs |
Displays the ITC eligible on common inputs towards 1%, 6%, 8.5% , and 10% portion in the ITC claimable details screen displayed on debiting the expense ledger in the journal voucher recorded by selecting Reversal of Input Tax as the Nature of adjustment and Reversal of Common Inputs as Additional Details. |
Eligible ITC |
Displays the sum of eligible ITC captured in previous box. |
Total VAT paid on Common Inputs |
Displays the sum of VAT paid on common inputs for all the tax rates in the previous boxes. |
Total VAT paid on Specific Inputs |
Displays the sum of VAT paid on specific inputs for all the tax rates in the previous boxes. |
Total of Eligible Input Tax on common inputs as computed |
Displays the sum of ITC eligible on common inputs for all the tax rates in the previous boxes. |
Total Eligible ITC |
Displays the sum of total the VAT paid on specific inputs and total of the eligible input tax on common inputs, which match with value in box 22. |
Name………………………………. |
Displays the Name recorded in Print Report screen while printing Form VAT 200. |
being…………………………………………of the above enterprise do hereby declare that the information given in this Return is true and correct. |
Displays the Status/Designation recorded in Print Report screen while printing Form VAT 200. |
Signature ………………………………………. |
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Date & Place |
Displays the Date of Filing Return and Place recorded in Print Report screen while printing Form VAT 200. |
