e-CST Form 5 (Madhya Pradesh)

Sheet: Basic Info

Basic Information

Name of Dealer

Displays the name of the dealer, as recorded in the Mailing Name field of Company Creation or Company Alteration screen.

Financial Year

Displays the financial year for which returns are filed in the YYYY-YY format. The year is selected from the list provided based on the return period.

Return Period

Displays the periodicity for filing returns, as selected in Company VAT Details screen. If the periodicity is selected as Quarterly - Q1, Q2, Q3, or Q4 is selected from the list provided based on the return period.

Return Period From

Displays the starting date of the return period. This is captured from the date recorded in From (blank for beginning) field in Export Report screen. In case the return period is selected, this field is disabled.

Return Period To

Displays the end date of the return period. This is captured from the date recorded in To (blank for end) field in Export Report screen. In case the return period is selected, this field is disabled.

Type of Return

Displays the type of return as Original or Revised based on the option selected in Type of Return field in Export Report screen.

Sheet: Sales Statement

Part-A

1 Gross turnover during the period

Displays the gross assessable value and tax amount (when applicable) from sales transactions recorded in the return period. The assessable value and tax amount are captured from transactions with Sales Taxable, Interstate Sales - Taxable, Interstate Sales - E1, Interstate Sales - Against Form C, Exports, Interstate Branch Transfer Outward, Branch Transfer Outward, Interstate Consignment Transfer Outward, Consignment Transfer Outward, Interstate Deemed Export, Deemed Export, Interstate Sales - E2, Sales Exempt, Sales Others, Sales - Zero Rated, Interstate Sales - Zero Rated, Sales - Tax Free, Interstate Sales - Tax Free, Sales - Works contract, Interstate Sales Exempt - E1, and Interstate Sales Exempt as Nature of transaction. Further, the assessable value and tax amount from transactions with Interstate Sales Exempt - With Form C with Tax Paid Goods and Interstate Sales Exempt - With Form C with Not Applicable selected as Nature of goods, and with  the option Is Under CST Exemption? enabled, are displayed.

2 Sales of goods inside the State

Displays the gross assessable value and tax amount (when applicable) from local sales recorded in the reporting period. The values from transactions with Sales Taxable, Sales Exempt, Sales - Others, Sales - Tax Free, and Sales- Works Contracts as Nature of transaction are captured.

3 Sales of goods outside the State /Consignment/Branch transfer

Displays the gross assessable value and tax amount (when applicable) from interstate transfer recorded in the reporting period. The values from transactions with Interstate Branch Transfer Outward, Interstate Consignment Transfer Outward, Branch Transfer Outward, and Consignment Transfer Outward (with or without declaration forms) as Nature of transaction are captured.

4 Sales of goods in the course of export out of territory of India

Displays the gross assessable value from sale of goods that got transferred out of India. The value from transactions with Exports, Deemed Exports and Interstate Deemed Exports as Nature of transaction are captured.

5 Total of 2 to 4

Displays auto computed sum of values from field no. 2 to field no. 4.

6 Turnover of inter-State sales (1-5)

Displays the auto-computed value as the difference between field no. 1 and field. no. 5, which is the turnover of interstate sales.

Part-B

1 Sales return within 6 months

Displays the gross assessable value and tax amount of sales return recorded in the reporting period against the sales made within six months before date of return. As the value from credit note recorded for sales return with Not Applicable as Nature of Return.

The value form credit note transactions with Interstate Sales - Taxable, Interstate Sales - E1, Interstate Sales - Against Form C as Nature of transaction is captured.

2 Cost of freight, delivery or installation, when such cost is charged separately

Displays the value of additional costs such as freight, delivery, so on, incurred in the course of interstate taxable sales recorded in the reporting period. These values are captured from the value of income and expense ledgers with option Include in assessable value calculation for set to Not Applicable. The value from sales transactions with Interstate Sales - Taxable, Interstate Sales - E1, Interstate Sales - Against Form C, Interstate Branch Transfer Outward, Interstate Consignment Transfer Outward, Interstate Deemed Export, Interstate Sales - E2, Interstate Sales - Zero Rated, Interstate Sales - Tax Free, Interstate Sales Exempt - E1, and Interstate Sales Exempt as Nature of transaction is captured.

3 Cash discount according to the practice normally prevailing in the trade

Displays the amount of discount given in interstate sales in the reporting period. The value is captured from credit note recorded for discount, with Cash/ Trade Discount as Nature of Return.

The value form credit note transactions with Interstate Sales - Taxable, Interstate Sales - E1, Interstate Sales - Against Form C as Nature of transaction is captured.

4 Sales of goods wholly exempted or tax free under the Madhya Pradesh Vat Act, 2002 (hereinafter referred to as the "Vat Act")

Displays the gross assessable value from tax free interstate sales recorded in the reporting period, as captured from sales transactions with Interstate Sales - Tax Free as Nature of transaction.

5 Subsequent sales of goods not taxable under sub-section (2) of section 6

Displays the assessable value from exempted subsequent sales recorded in the reporting period, as captured from sales transactions with Interstate Sales - E2, and Interstate Sales Exempt- E1 as Nature of transaction. Further, the assessable value and tax amount from transactions with Interstate Sales Exempt - With Form C  Not Applicable as Nature of goods, and with the option Is Under CST Exemption? disabled, is captured.

6 Sales of goods which are in the nature of tax paid goods as defined under clause (y) of section 2 of the Vat Act, against form C

Displays the gross assessable value and tax amount from sale of tax paid goods, in the reporting period. This value is  captured from sales transactions with Interstate Sales Exempt - With Form C as Nature of transaction, and Tax Paid Goods as Nature of goods.

7 Sales of goods to units situated in Special Economic Zone against form I

Displays the gross assessable value from local and interstate zero rated sales to special economic zones against Form I, recorded in the reporting period. This value is captured from the value from transactions with Sales Zero Rated, and Interstate Sales - Zero Rated as Nature of transaction, and/or party with SEZ selected as Type of Exemption in VAT Details screen of ledger master.

8 Sales of goods wholly exempted under sub-section (5) of Section 8

Displays the gross assessable value from exempted interstate sales recorded in the reporting period. This value is captured from sales transactions passed with Interstate Sales Exempt, and Interstate Sales Exempt - With  Form C as Nature of transaction, with Nature of goods set as Not Applicable, and with the option Is under CT Exemption?enabled.

9 Any other deduction(please specify)

Displays the gross assessable value from any other type of interstate sales which was not part of other deductions in this section.

10 Total of 1 to 9

Displays auto computed sum from the values in this section.

Part-C

1 Taxable turnover (6 of part-A-10 of part-B)

Displays auto computed value by deducting total of all deductions (10 - Part - B) from the total turnover of interstate sales (6 - Part A)

2 Classification of taxable turnover and tax payable

Taxable Turnover

Rate of Tax

Tax

(i) Sales of goods specified in part 1 of schedule -II of the VAT Act

Displays net assessable value from sale of goods specified in Part I of Schedule II in the reporting period. This is captured from the value of goods specified in Part I of Schedule II in transactions with Interstate Sales Taxable as Nature of transaction.

Displays the rate of tax applicable to goods specified in Part I of Schedule II. This value is pre-filled in the template.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in Part I of Schedule II.

(ii) against form C

(a) Sales of goods specified in part 2 to 4 of schedule-II of the VAT Act.

Displays net assessable value from sale of goods specified in Part 2-4 of Schedule II in the reporting period. This is captured from the value of goods specified in Part 2-4 of Schedule II in transactions with Interstate Sales - Against Form C and Interstate Sales - E1 as Nature of transaction.

Displays the rate of tax applicable to goods specified in Part 2-4 of Schedule II. This value is pre-filled in the template.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in Part 2-4 of Schedule II.

(b) Sales of goods partly exempted under sub-section (5) of section 8.

Displays net assessable value from sale of goods partly exempted under sub-section (5) of section 8 @1%, in the reporting period. This is captured from the value of goods partly exempted under sub-section (5) of section 8 in transactions with Interstate Sales - Against Form C as Nature of transaction.

Displays the rate of tax applicable to goods partly exempted under sub-section (5) of section 8 @1%. This value is pre-filled in the template.

Displays auto computed tax amount based on assessable value and tax rate for goods partly exempted under sub-section (5) of section 8.

(c ) Sales of goods partly exempted under sub-section (5) of section 8.

Displays net assessable value from sale of goods partly exempted under sub-section (5) of section 8 at any rate other than 1% or 2%, in the reporting period. This is captured from the value of goods partly exempted under sub-section (5) of section 8 in transactions with Interstate Sales - Against Form C as Nature of transaction.

Displays the rate of tax applicable to goods partly exempted under sub-section (5) of section 8 at the rate other than 1% or 2%.

Displays auto computed tax amount based on assessable value and tax rate for goods partly exempted under sub-section (5) of section 8 at rate other than 1% or 2%.

(iii) without form C

(a) Sales of goods specified in part - 2 of schedule -II of the VAT Act.

Displays net assessable value from sale of goods specified in part - 2 of schedule -II taxable @ 4%, in the reporting period. This is captured from the value of goods specified in part - 2 of schedule -II taxable @ 4% in transactions with Interstate Sales - Taxable as Nature of transaction.

Displays the rate of tax applicable to goods specified in part - 2 of schedule -II taxable @ 4%. This value is pre-filled in the template.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in part - 2 of schedule -II taxable @ 4%.

(b) Sales of goods specified in the part - 2 of schedule -II of the VAT Act.

Displays gross assessable value from sale of goods specified in part - 2 of schedule -II taxable @ 5%, in the reporting period.  This is captured from the value of goods specified in part - 2 of schedule -II taxable @ 5% in transactions with Interstate Sales - Taxable as Nature of transaction.

Displays the rate of tax applicable to goods specified in part - 2 of schedule -II taxable @ 5%. This value is pre-filled in the template.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in part - 2 of schedule -II taxable @ 5%.

(c ) Sales of goods specified in part -3 of schedule -II of the VAT Act.

Displays gross assessable value from sale of goods specified in part - 3 of schedule -II, in the reporting period. This is captured from the value of goods specified in part - 3 of schedule -II in transactions with Interstate Sales - Taxable as Nature of transaction.

Displays the rate of tax applicable to goods specified in part - 3 of schedule II.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in part - 3 of schedule II.

(d) Sales of goods specified in part - 4 of schedule-II of the VAT Act.

Displays net assessable value from sale of goods specified in part - 4 of schedule -II taxable @ 13%, in the reporting period. This is captured from the value of goods specified in part - 4 of schedule -II taxable @ 13% in transactions with Interstate Sales - Taxable as Nature of transaction.

Displays the rate of tax applicable to goods specified in part - 4 of schedule -II taxable @ 13%. This value is pre-filled in the template.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in part - 4 of schedule -II taxable @ 13%.

(e ) Sales of goods specified in Part 4 of schedule -II of the VAT Act.

Displays net assessable value from sale of goods specified in part - 4 of schedule -II taxable @ 14%, in the reporting period. This is captured from the value of goods specified in part - 4 of schedule -II taxable @ 14% in transactions with Interstate Sales - Taxable as Nature of transaction.

Displays the rate of tax applicable to goods specified in part - 4 of schedule -II taxable @ 14%. This value is pre-filled in the template.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in part - 4 of schedule -II taxable @ 14%.

(f) Sales of goods specified in Part 4 of schedule -II of the VAT Act.

Displays net assessable value from sale of goods specified in part - 4 of schedule -II taxable @ 15%, in the reporting period. This is captured from the value of goods specified in part - 4 of schedule -II taxable @ 15% in transactions with Interstate Sales - Taxable as Nature of transaction.

Displays the rate of tax applicable to goods specified in part - 4 of schedule -II taxable @ 15%. This value is pre-filled in the template.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in part - 4 of schedule -II taxable @ 15%.

(g) Sales of Goods specified in part 4 of schedule -II of the VAT Act.

Displays net assessable value from sale of goods specified in part - 4 of schedule -II taxable @ 16%, in the reporting period. This is captured from the value of goods specified in part - 4 of schedule -II taxable @ 16% in transactions with Interstate Sales - Taxable as Nature of transaction.

Displays the rate of tax applicable to goods specified in part - 4 of schedule -II taxable @ 16%. This value is pre-filled in the template.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in part - 4 of schedule -II taxable @ 16%.

(iv) without Form F / Form H / Form I -

(a) Sales of goods specified in part 2 of schedule-II of the VAT Act.

Displays net assessable value from sale of goods specified in part - 2 of schedule -II taxable @ 5% without corresponding declaration form, in the reporting period.  This is captured from the value of goods specified in part - 2 of schedule -II taxable @ 5% in transactions with Branch Transfer Outward, Consignment Transfer Outward, Interstate Branch Transfer Outward, Interstate Consignment Transfer Outward, Interstate Sales – Zero Rated, Sales Zero Rated, Deemed Exports, and Interstate Deemed Exports as Nature of transaction.

Displays the rate of tax applicable to goods specified in part - 2 of schedule -II taxable @ 5% without corresponding declaration form.

Displays auto computed tax amount based on assessable value and tax rate for goods specified in part - 2 of schedule -II taxable @ 5% without corresponding declaration form.

(b) Sales of goods specified in part 3 of schedule-II of the VAT Act.

Displays net assessable value from sale of goods specified in part - 3 of schedule -II  without corresponding declaration form, in the reporting period. This is captured from the value of goods specified in part - 3 of schedule -II in transactions with Branch Transfer Outward, Consignment Transfer Outward, Interstate Branch Transfer Outward, Interstate Consignment Transfer Outward, Interstate Sales – Zero Rated, Sales Zero Rated, Deemed Exports, and Interstate Deemed Exports as Nature of transaction.