Printing Form 17 (Chhattisgarh)

TIN

Displays the TIN recorded in Company VAT Details screen in F11: Features > F3: Statutory & Taxation.

Return for the period

From

Displays from date of the Form VAT 17 report.

To

Displays to date of the Form VAT 17 report.

RETURN REFERENCE NUMBER

Displays the reference number provided by the department, as recorded in the Print Configuration screen.

YEAR

Displays the year based on the return period.

PERIOD

Displays the quarter for which the return is being filed, based on the return period.

Name of the dealer

Displays name of Authorised person recorded in the Company VAT Details screen or Name recorded in the Print Report screen.

Business Name

Displays the Mailing name recorded in the Company Creation/Company Alteration screen.

Address

Displays the Address recorded in the Company Creation/Company Alteration screen.

Mobile / Phone No.

Displays the Mobile no. recorded in the Company Creation/Company Alteration screen.

Return Submission Date

Displays the Date recorded in the Print Report screen.

1. Gross Turnover

Displays the gross turnover from all sales transactions recorded in the return period. It is the gross assessable value, tax amount and the value of the discount ledger created by selecting Not Applicable in the field Include in assessable value calculation for, from the transaction recorded with Interstate Sales - Taxable, Interstate Sales - Against Form C, Interstate Sales - E1, Sales Taxable, and Sales - Works Contract selected as Nature of transaction. Also, the gross assessable value, and value of discount ledger created by selecting Not Applicable in the field Include in assessable value calculation for, from transaction recorded with Interstate Branch Transfer Outward, Interstate Consignment Transfer Outward, Exports, Interstate Sales Exempt - E1, Interstate Sales - E2, Interstate Sales Exempt, Interstate Sales Exempt - With Form C, Sales Exempt, Interstate Sales - Zero Rated, Branch Transfer Outward, Consignment Transfer Outward, and Interstate Deemed Export selected as Nature of transaction.

Gross turnover on the basis of Maximum Retail Price if option has been taken for payment of tax on Maximum Retail of medicine

Displays the gross assessable value, tax amount and the value of the ledger created by selecting VAT in the field Include in assessable value calculation for, from the transaction recorded with Interstate Sales - Taxable selected as Nature of transaction, and Medicine selected as Type of goods.

Less :-(i) Sale value of goods return within six months of sales

Displays the returns turnover from all sales return transactions recorded in the reporting period against sales dated not more than six months. It is the assessable value, tax amount and the value of the discount ledger created by selecting Not Applicable in the field Include in assessable value calculation for, from the return transaction recorded with Interstate Sales - Taxable, Interstate Sales - Against Form C, Interstate Sales - E1, Sales Taxable, and Sales - Works Contract selected as Nature of transaction. Also, the gross assessable value, and the value of the discount ledger created by selecting Not Applicable in the field Include in assessable value calculation for, from return transaction recorded with Interstate Branch Transfer Outward, Interstate Consignment Transfer Outward, Exports, Interstate Sales Exempt - E1, Interstate Sales - E2, Interstate Sales Exempt, Interstate Sales Exempt - With Form C, Sales Exempt, Interstate Sales - Zero Rated, Branch Transfer Outward, Consignment Transfer Outward, and Interstate Deemed Export selected as Nature of transaction.

(ii) Cash discount allowed

Displays the aggregate net value of the discount ledger created by selecting Not Applicable in the field Include in assessable value calculation for from all sales transactions.

(iii) Amount of labour charges included in Value of Works contract, if it has not been deducted from Gross Turnover

Displays the gross deduction value from the transaction recorded with Interstate Sales - Works contract selected as the Nature of transaction.

2. Net Turnover

Displays the net turnover of sales after deducting values from (i), (ii), and (iii) from the value in 1. Gross Turnover.

3. Deductions:

Tax free sales u/s 15 and 15(B)

Displays the net assessable value from transaction recorded with  Sales Exempt selected as the Nature of transaction, and First or Not Applicable selected as the Point of Sale in Statutory Details screen of the transaction.

Tax paid sales u/s 2(x)

Displays the net assessable value from transactions recorded with  Sales Exempt selected as the Nature of transaction, Medicine or MRP Goods selected as Type of goods, and Subsequent selected as Point of Sale in Statutory Details screen of the transaction.

Turnover of the goods supplied in the execution of works contract on which tax has been paid by sub-contractor

Displays the sum of the assessable value recorded in VAT Details screen displayed when VAT tax ledger is debited in journal vouchers recorded by selecting Decrease of Output Tax selected as the Nature of adjustment and Tax Paid by Sub Contractor selected as Additional Details.

Turnover of the goods on which tax has been paid or payable by commission agent

Displays the net assessable value from transactions recorded with Branch Transfer Outward and Consignment Transfer Outward selected as Nature of transaction.

Turnover of the goods on which tax has been paid by principal

Displays the net assessable value from transactions recorded with Sales Exempt selected as the Nature of transaction and Agent selected as the Company Nature of Business.

Deductions u/s 38

Sales out of State/Consignment/Branch Transfer

Displays the net assessable value from transactions recorded with Interstate Branch Transfer Outward and Interstate Consignment Transfer Outward selected as the Nature of transaction.

Sales in the Course of Interstate trade or Commerce

Displays the net assessable value and tax amount from transactions recorded with Interstate Sales - Taxable, Interstate Sales - Against Form C, and Interstate Sales - E1 selected as the Nature of transaction. And, the net assessable value from transactions recorded with Interstate Sales Exempt - E1, Interstate Sales - E2, Interstate Sales Exempt, Interstate Sales Exempt - With Form C, and Interstate Deemed Export selected as the Nature of transaction.

Sales in the Course of export out of the territories of India

Displays the net assessable value from transactions recorded with Exports selected as Nature of transaction.

Sales made to registered dealers u/s 38(i)(iv) (special economic zone)

Displays the net assessable value from transactions recorded with Interstate Sales - Zero Rated selected as the Nature of transaction.

Other deduction (give details)

Displays the sum of values from (a) and (b) fields below.

(a)

Displays the value of VAT tax ledger debited in journal vouchers recorded by selecting Decrease of Output Tax selected as the Nature of adjustment and Other Adjustments selected as Additional Details.

(b)

This field is left blank.

Tax amount included in gross turnover

Displays the net tax value from transactions recorded with Sales Taxable and Sales - Works contract selected as Nature of transaction.

Total Deductions:

Displays auto populated value of total deductions.

4. Taxable Turnover -

Displays the net assessable value from transactions recorded with Sales Taxable and Sales - Works contract selected as Nature of transaction.

Rate of Tax

Taxable Turnover

Tax Amount

 1%

Displays the net assessable value from sales transactions taxable at 1% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Displays the net tax amount from sales transactions taxable at 1% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

2%

Displays the net assessable value from sales transactions taxable at 2% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Displays net tax amount from sales transactions taxable at 2% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

3%

Displays the net assessable value from sales transactions taxable at 3% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Displays the net tax amount from sales transactions taxable at 3% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

4%

Displays the net assessable value from sales transactions taxable at 4% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Displays the net tax amount from sales transactions taxable at 4% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

5%

Displays the net assessable value from sales transactions taxable at 5% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Displays the net tax amount from sales transactions taxable at 5% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

7%

Displays the net assessable value from sales transactions taxable at 7% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Displays the net tax amount from sales transactions taxable at 7% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

14.5%

Displays the net assessable value from sales transactions taxable at 14.5% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Displays the net tax amount from sales transactions taxable at 14.5% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

25%

Displays the net assessable value from sales transactions taxable at 25% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Displays the net tax amount from sales transactions taxable at 25% recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Specific Tax on Quantum of Diesel & Petrol

Goods

Quantity (in Ltr)

Rate of Tax (Rs/Ltr)

Tax Amount

Diesel

Quantity is left blank. The rate of tax appears as 1.

This column is left blank.

Petrol.

Quantity is left blank. The rate of tax appears as 2.

This column is left blank.

Total:

Displays the sum of net assessable value for all rates from sales transactions at all rate recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

Displays the net tax amount for all rate from sales transactions recorded with Sales Taxable and Sales - Works contract selected as the Nature of transaction.

5. Tax Payable u/s 13(5)

Displays the value of VAT tax ledger credited in journal vouchers recorded with Reversal of Input Tax selected as the Nature of adjustment and Stock Transfer selected as Additional Details.

6. Purchase tax > Taxable Amount

Displays the sum of assessable value recorded in the VAT Details screen displayed when the VAT tax ledger is credited in journal vouchers recorded with Tax on URD Purchase selected as the Nature of adjustment.

6. Purchase tax > Purchase Tax Payable

Displays the value of VAT tax ledger credited in journal vouchers recorded with Tax on URD Purchase selected as the Nature of adjustment and Stock Transfer selected as Additional Details.

7. Total tax payable (4+5+6)

Displays the auto populated value of tax payable.

8. Amount of interest (if any)

Displays the value of the expense ledger debited in journal vouchers recorded by selecting Increase of Tax Liability selected as the Nature of adjustment and Interest selected as Additional Details.

9. Total (7+8)

Displays the auto populated value of total tax payable including interest.

10. Computation of Input Tax Rebate (ITR):

(a). Balance input tax rebate brought forwarded from last month/quarter/year - On stock u/s 73 u/s 13(1)(G)

This field is left blank.

(a). Balance input tax rebate brought forwarded from last month/quarter/year - On capital goods

Displays the input tax credit carried forward from the previous period for capital goods as the debit balance of the tax ledger created for capital goods at the start of the period.

When filing returns for the first time, the value from the field VAT Amount Claimable recorded in ITC on Capital Goods screen in VAT ledger master is captured here. The ITC on Capital Goods screen is displayed when the option Provide ITC on capital goods? is enabled in F12: Configure options.

(a). Balance input tax rebate brought forwarded from last month/quarter/year - On goods other than capital goods

Displays the input tax credit carried forward from the previous period, as the debit balance of VAT tax ledger at the start of the period.

When filing returns for the first time, the debit value from the field Opening Balance in VAT ledger master is captured here.

(a). Balance input tax rebate brought forwarded from last month/quarter/year - Total

Displays the total of all input tax credit carried forward from the previous period.

(b). On goods purchases within the quarter (Tax amount shown separately in purchase bills)

This field is left blank.

(i) 1% - On stock u/s 73 u/s 13(1)(G)

Displays the value of VAT tax ledger debited in journal vouchers recorded with Increasing Input Tax selected as the Nature of adjustment, and with the Rate recorded as 1% in the VAT Details screen displayed on selecting VAT ledger.

(i) 1% - On capital goods

Displays the net tax amount from purchase of capital goods taxable at 1% recorded with Purchase Taxable - Capital Goods selected as the Nature of transaction.