CST Form 1V is used to file CST returns in Goa.
To export data to CST template
1. Copy the excel template to the Tally.ERP 9 installed folder.
2. Go to Gateway of Tally > Display > Statutory Reports > VAT > Form 1V .
3. Press Ctrl+E to view the Export Report screen. In the Export Report screen, press Backspace to provide the relevant details.
4. Select the Type of Return .
5. Set the options provided in the Enclosures section to Yes or No , as required.
6. Press Enter to export the data to template.
The description of Form VAT 1V is given below:
|
Field Name |
Description |
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TIN |
Displays the TIN entered in the Company VAT Details screen of Statutory & Taxation features. |
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CST NO |
Displays the Inter-state Sales Tax Number entered in the Company VAT Details screen of Statutory & Taxation features. |
|
Financial Year |
Displays the year based on the period of Form VAT 1V report. |
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Period From and To |
Displays the dates of Form VAT 1V report period. |
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Return Type |
Displays the type based on the Type of Return selected in the Export Report screen of Form VAT 1V . |
|
Filing Date |
Displays the system date. |
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1. Gross amount received and receivable by the dealer during the period in respect of sales of goods |
Displays: ● Gross value of taxable sales made within and outside the state . |
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Deduct -- |
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(i) Sales of goods outside the State (as defined in Section 4 of the Act) |
This field is currently blank. |
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(ii) Sale of goods in the course of export outside or import into India (as defined in Section 5 of the act) |
Displays the net value of sales recorded with the following nature of transactions: ● Exports ● Sales High Seas ● Deemed Export ● Interstate Deemed Export |
|
Total (i & ii) |
Displays auto calculated value. |
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2. Balance-turnover of inter-state sales and sales with the state |
Displays auto calculated value. |
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Deduct -- Turnover of sales within the State |
Displays: |
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3. Balance turnover of inter-state sales |
Displays auto calculated value. |
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Deduct -- |
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(i) Cost of freight of delivery or the cost of installation where such cost is separately charged on inter-state sales |
Displays the values of additional ledgers selected in the sales invoice recorded with the following nature of transactions: ● Interstate Sales - Works contract ● Interstate Sales - E1 ● Interstate Sales - Against Form C ● Interstate Sales - Taxable |
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(ii) Sums allowed as cash discount of turnover is considered inclusive of the same sums |
Displays the values of discount ledger selected in the sales invoice recorded with the following nature of transactions: ● Interstate Sales - Works contract ● Interstate Sales - E1 ● Interstate Sales - Against Form C ● Interstate Sales - Taxable |
|
(iii) Sale price of goods returned by the purchaser within the prescribed period |
Displays the assessable value of credit note recorded within six months of the original invoice date, with the following nature of transactions: ● Interstate Sales - Works contract ● Interstate Sales - E1 ● Interstate Sales - Against Form C ● Interstate Sales - Taxable All the Nature of Return provided in Statutory Details screen of the invoice are considered here. |
|
Total (i, ii & iii) |
Displays auto calculated value. |
|
4. Balance -- Total turnover of inter_state sales |
Displays auto calculated value. |
|
Deduct -- |
|
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(i) Subsequent sales not taxable under section 6(2) of the Act |
Displays the net assessable value of sales recorded with the following nature of transactions: ● Interstate Sales Exempt - E1 ● Interstate Sales - E2 |
|
(ii) Sales not taxable under section 8(2A) of the Act |
Displays the net assessable value of sales recorded with the following nature of transactions: ● Interstate Sales - Exempt ● Interstate Sales - Zero Rated ● Interstate Branch Transfer Outward ● Interstate Consignment Transfer Outward ● Interstate Sales Exempt - With Form C |
|
Total (i & ii) |
Displays auto calculated value. |
|
5. Balance -- Total taxable turnover of inter-state sales |
Displays auto calculated value. |
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6. Goodswise break-up of the above taxable turn-over and the tax payable thereon |
|
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(i) Sales of declared goods at |
Displays the details of interstate sales with the highest net assessable value, recorded by selecting: The tax rate appears in Rate% column. The net assessable value appears in Taxable Sales Amt. column. |
|
(ii) Sales to registered dealers at |
Displays the details of interstate sales recorded by selecting: Transaction details are displayed in decreasing order of net assessable value. The transaction with the highest net assessable value appears here. The tax rate appears in Rate% column. The net assessable value appears in Taxable Sales Amt. column. |
|
(iii) Sales to the Government at |
Displays the details of interstate sales with the highest net assessable value, recorded by selecting: The tax rate appears in Rate% column. The net assessable value appears in Taxable Sales Amt. column. |
|
(iv) Sales to persons at |
Displays the net assessable value of interstate sales recorded by selecting composition or unregistered dealer |
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(v) Sales of goods (sub-section (5) of Section 8) at |
Displays the net assessable value of interstate sales recorded by selecting: |
|
(vi) Other Sales 1 at |
Displays the details of second highest transaction (net assessable value) made to registered dealer . |
|
(vii) Other Sales 2 at |
Displays the details of third highest transaction (net assessable value) made to registered dealer . |
|
Total (i to vii) |
Displays auto calculated value. |
|
Tax paid |
Displays the amount from Amount column of CST Payments section of Form VAT 1V. |
|
Input Tax Credit |
|
|
Tax Payable |
Displays the CST amount due captured in Form CST 1V report. |
|
25% of Tax (NPV) |
Displays auto calculated value (25% of Tax Payable value). |
|
Enclosures |
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(i) List of inter-state sales with particulars thereof under Rule(5) |
Displays these options in Export Report screen with the provision to set it to Yes or No . |
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(ii) List of inter-state sales with particulars thereof under Rule(6) |
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(iii) List of inter-state sales wherein no concessional rate of tax is claimed under Rule(8) |
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(iv) List of subsequent sales under Rule(7) |
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CST Payments |
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Challan No |
Displays the Challan/Instrument No. entered for payment voucher, in the Stat Payment Details screen of Tax Payment Reconciliation report. |
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Challan Date |
Displays the Challan Date entered for payment voucher, in the Stat Payment Details screen of Tax Payment Reconciliation report. |
|
Period From |
Displays the Period From date displayed for payment voucher, in the Stat Payment Details screen of Tax Payment Reconciliation report. |
|
Period To |
Displays the Period To date displayed for payment voucher, in the Stat Payment Details screen of Tax Payment Reconciliation report. |
|
Amount |
Displays the amount entered in CST payment voucher. |
Last updated for Release 5.5.3
