You can generate CST Form I for Chandigarh from the Statutory reports in Tally.ERP 9, by exporting the form with the required details.
To generate CST form I
1. Go to Gateway of Tally > Display > Statutory Reports > VAT > CST Form I. The Form I report appears as shown below:
Press Ctrl+E to export the CST Form I.
2. Press Enter to export the form.
Note:
♦ Ensure that the directory specified at Export Location has the FormI(CH).xls template downloaded from the department website.
♦ Period provided to generate Form I report appears in From and To fields of Export Report screen.
♦ Click No in the Export screen to edit the details of Export Location, Name, Status/Designation of authorised person, Place of filing returns and to enter the Date of filing the return.
The details of the fields in the printed Form-1(CST) are given below:
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Field Name |
Description |
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Return for the period from |
Displays the From (blank for beginning) and To (blank for end) dates captured in Export Report screen of Form I report. |
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Registration Make and No. |
Displays the Inter-state Sales Tax Number entered in the Company VAT Details screen of Statutory & Taxation features. |
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Name of the dealer |
Displays the Mailing Name entered in the Company Creation screen. |
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Status |
Displays the Status of the Dealer entered in the Company VAT Details screen of Statutory & Taxation features. |
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Style |
Displays the Style of Business entered in the Company VAT Details screen of Statutory & Taxation features. |
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1. Gross amount receivable by the dealer |
Displays the following transaction details: ● Gross assessable value of taxable sales. Displays the value of sales recorded with the following nature of transactions: o Sales Taxable o Sales - Works contract ● Gross assessable value of taxable inter-state sales. Displays the value of sales recorded with the following nature of transactions: o Interstate Sales - Against Form C o Interstate Sales - E1 o Interstate Sales - Taxable o Interstate Sales - Works Contract ● Net assessable value of exempt sales Displays the value of sales recorded with the following nature of transactions: o Exports o Interstate Branch Transfer Outward o Branch Transfer Outward o Interstate Consignment Transfer Outward o Consignment Transfer Outward o Interstate Deemed Export o Deemed Export o Interstate Sales - E2 o Interstate Sales Exempt o Interstate Sales Exempt - With Form C o Interstate Sales - Zero Rated o Sales - Tax Free o Sales Exempt o Sales Exempt: In the ledger, the Party Entity/Org. Type can be set to Exempted Unit or Not Applicable. o Sales Zero Rated: The option Party Entity/Org. Type can be set to any of the following: o Not Applicable o Diplomatic Missions, U.N, UNICEF, WHO & Foreign Aid o SEZ / STP / EHTP ● Additional charges entered in taxable inter-state sales transactions. Displays the value of inter-state sales recorded with the following nature of transactions: o Interstate Sales - Against Form C o Interstate Sales - E1 o Interstate Sales - Taxable o Interstate Sales - Works Contract (Additional ledger is a ledger grouped under Indirect Expenses, Direct Expenses, Direct Income or Indirect Income, in which the option Include in assessable value calculation for is set to Not Applicable.) |
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(i) Sales of Goods Outside the State (as defined in section 4 of the Act) |
This is currently left blank. |
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(ii) Sales of goods in course of export outside India (as defined in section 5 of the Act) |
Displays the net assessable value of exports and deemed exports. Displays the value of sales recorded with the following nature of transactions: o Exports o Deemed Export o Interstate Deemed Export |
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(iii) Turnover of goods transferred outside the State (as referred to in section 6A(2)) |
Displays the net assessable value of sales with Interstate Branch Transfer Outward and Interstate Consignment Transfer Outward selected as the nature of transaction. |
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2. Balance Turnover on Inter-State Sale & sales with in the state |
Displays auto calculated value. |
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Deduct: Turnover of sales within the State |
Displays the following transaction details: ● Gross assessable value of taxable sales. Displays the value of sales recorded with the following nature of transactions: o Sales Taxable o Sales - Works contract ● Net assessable value of exempt sales. Displays the value of sales recorded with the following nature of transactions: o Sales - Tax Free o Branch Transfer Outward o Consignment Transfer Outward o Sales Exempt: In the ledger, the Party Entity/Org. Type can be set to Exempted Unit or Not Applicable. o Sales Zero Rated: The option Party Entity/Org. Type can be set to any of the following: o Not Applicable o Diplomatic Missions, U.N, UNICEF, WHO & Foreign Aid o SEZ / STP / EHTP |
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3. Balance turnover or Inter State sales |
Displays auto calculated value. |
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Deduct: Cost or freight delivery or installation when such cost is separately charged. |
Displays the additional charges entered in taxable inter-state sales transactions. Displays the value of inter-state sales recorded with the following nature of transactions: o Interstate Sales - Against Form C o Interstate Sales - E1 o Interstate Sales - Taxable o Interstate Sales - Works Contract (Additional ledger is a ledger grouped under Indirect Expenses, Direct Expenses, Direct Income or Indirect Income, in which the option Include in assessable value calculation for is set to Not Applicable.) |
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4.Balance: Total Turnover on Inter State sales |
Displays auto calculated value. |
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(i) Turnover of Inter State Sale of goods unconditionally exempt from tax under the Punjab VAT Act 2005 (as applicable to UT Chandigarh.) |
Displays the net assessable value of Interstate Sales - Zero Rated, Interstate Sales Exempt and Interstate Sales Exempt - With Form C selected as the nature of transaction. In Statutory Details screen, the option Is under CST exemption has to be set to Yes. |
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(ii) Turnover of Sale of goods returned by the Purchaser within a period of six months under the section 8A of Central Sales Tax Act 1956. |
Displays the assessable value of interstate sales returns recorded in the following vouchers, against sales made in the last six months (from the date of original invoice). Displays the value of credit note or journal voucher recorded with the following nature of transactions: o Interstate Sales - Against Form C o Interstate Sales - E1 o Interstate Sales - Taxable o Interstate Sales - Works Contract All the Nature of Return provided in Statutory Details screen of credit note are considered here. ● Journal voucher to account for cash discount. To account for cash discount in journal voucher 1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal. 2. Click J: Stat Adjustment to view the Stat Adjustment Details screen and set the options as given below: o Select Type of duty/tax as VAT. o Select the Decrease of Output Tax, as the Nature of adjustment. o Select Cash Discount on Sales in Additional Details section. 3. Credit the party ledger. 4. Debit the output VAT ledger. Enter the tax Rate and Assessable Value. Enter the tax amount to be reversed. 5. Debit the sales ledger and select the relevant nature of transaction. 6. Press Ctrl+A to save. ● Journal voucher to account for trade discount. To account for trade discount in journal voucher 1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal. 2. Click J: Stat Adjustment to view the Stat Adjustment Details screen and set the options as given below: o Select Type of duty/tax as VAT. o Select the Increase of Output Tax, as the Nature of adjustment. o Select Trade Discount in Additional Details section. 3. Credit the party ledger. 4. Debit the output VAT ledger. Enter the tax amount to be reversed. 5. Debit the sales ledger and select the relevant nature of transaction. 6. Press Ctrl+A to save. |
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(iii) Turnover in respect of subsequent sales falling under clause(a) and (b) of section 6(2) of the Act. |
Displays the net assessable value of sales with Interstate Sales Exempt - E1, Interstate Sales Exempt - E2 and Interstate Sales Exempt - With Form C selected as the nature of transaction. In Statutory Details screen, the option Is under CST exemption has to be set to No. |
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5 A. Balance Taxable Turnover in respect of Inter State Sales. |
Displays auto calculated value. [box 4 - box 4(i) - box 4(ii) - box 4(iii)] |
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6. Goods wise break of above |
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(A) Declare goods |
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(i) Sold to registered dealers on prescribed declaration-vide declaration attached. |
Displays the assessable value of all inter-states taxable sales recorded with the following transaction details: Displays the value of inter-state sales recorded with the following nature of transactions: ● Interstate Sales - Against Form C ● Interstate Sales - E1 ● Interstate Sales - Taxable ● Interstate Sales - Works Contract ● Stock item is predefined as declared goods. In the VAT Details screen of stock item master, the option Type of goods is set to Declared Goods. ● Form to receive is set to C Form in Statutory Details screen of sales invoice. |
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(ii) Sold otherwise. |
Displays the assessable value of all inter-states taxable sales recorded with the following transaction details: Displays the value of inter-state sales recorded with the following nature of transactions: ● Interstate Sales - Against Form C ● Interstate Sales - E1 ● Interstate Sales - Taxable ● Interstate Sales - Works Contract ● Stock item is predefined as declared goods. In the VAT Details screen of stock item master, the option Type of goods is set to Declared Goods. ● Form to receive is set to Not Applicable in Statutory Details screen of sales invoice. |
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(B) Other goods |
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(i) Sold to registered dealers on prescribed declaration - vide declaration attached. |
Displays the assessable value of all inter-states taxable sales recorded with the following transaction details: Displays the value of inter-state sales recorded with the following nature of transactions: ● Interstate Sales - Against Form C ● Interstate Sales - E1 ● Interstate Sales - Taxable ● Interstate Sales - Works Contract ● Stock item is categorised as regular goods. In the VAT Details screen of stock item master, the option Type of goods is set to Not Applicable. ● Form to receive is set to C Form in Statutory Details screen of sales invoice. |
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(ii) Sold other-wise. |
Displays the assessable value of all inter-states taxable sales recorded with the following transaction details: Displays the value of inter-state sales recorded with the following nature of transactions: ● Interstate Sales - Against Form C ● Interstate Sales - E1 ● Interstate Sales - Taxable ● Interstate Sales - Works Contract ● Stock item is categorised as regular goods. In the VAT Details screen of stock item master, the option Type of goods is set to Not Applicable. ● Form to receive is set to Not Applicable in Statutory Details screen of sales invoice. |
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Total |
Displays auto calculated value. |
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7. (i) Taxable at |
Displays the following transaction details: ● Net assessable value and CST of inter-state taxable sales. Displays the value of inter-state sales recorded with the following nature of transactions: ● Interstate Sales - Against Form C ● Interstate Sales - E1 ● Interstate Sales - Taxable ● Interstate Sales - Works Contract ● Debit value entered for CST ledger in journal voucher. To account for decrease in output VAT 1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal. 2. Click J: Stat Adjustment to view the Stat Adjustment Details screen and set the options as given below: o Select Type of duty/tax as VAT. o Select the Decrease of Output Tax, as the Nature of adjustment. o Select Not Applicable in Additional Details section. 3. Debit the sales ledger. Enter the amount. 4. Debit the CST ledger. Enter the tax Rate and Assessable Value. Enter the tax amount. 5. Credit the expense ledger. 6. Press Ctrl+A to save. |
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8. Total tax payable on Rs. |
Displays auto calculated value. |
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9. Tax Paid, if any, by means of Treasury challan/Cheque/Drafts. |
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Payment Type (CASH/CHALLAN/DRAFT/TREASURY) |
The Mode of Deposit selected in the Stat Payment Details screen of Tax Payment Reconciliation report appears here. |
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Challan/instrument No |
The Challan/Instrument No. entered in the Stat Payment Details screen of Tax Payment Reconciliation report appears here. |
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Date (dd/mm/yyyy) |
The Deposit Date entered in the Stat Payment Details screen of Tax Payment Reconciliation report appears here. |
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Bank/Treasury |
The Name of Bank/Branch entered in the Stat Payment Details screen of Tax Payment Reconciliation report appears here. |
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Branch Code |
The Branch code(remittance) entered in the Stat Payment Details screen of Tax Payment Reconciliation report appears here. |
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Amount |
Displays the amount entered in payment voucher by selecting the Type of Duty as CST. |
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10. Balance due/excess paid, if any |
Displays auto calculated value. If the amount paid is in excess of the amount due, then the excess payment made appears with a negative sign. |
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Place |
Displays the Place entered in the Export Report screen of Form I. |
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Date |
Displays the Date entered in the Export Report screen of Form I. |
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