Annexure II displays details of interstate sales value of goods, and purchase values of goods within the state in the return period.
To view Annexure II
1. Go to Gateway of Tally > Display > Statutory Reports > VAT > Form VAT 201 > Annexure Ready .
2. Press Enter .
3. Select Annexure II .
4. Press Enter .
T o export Annexure II
1. Copy the required excel template to the Tally.ERP 9 installation folder.
2. G o to Gateway of Tally > Display > Statutory Reports > VAT > Form VAT 201 > Annexure Ready .
3. Select Annexure II , and press Enter .
4. Press Ctrl+E to view the Export Report screen .
5. Press Enter to export.
The nature of transactions considered for Annexure II:
● Interstate Sales - Against Form C
● Interstate Sales - Taxable
● Interstate Sales - Works Contract
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A brief explanation about the annexure fields is given below:
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Field Name |
Description |
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Table-I |
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01. Particulars of interstate sale |
Displays the assessable value of sales at 1%, 2%, 5%, 10%, 13.5%, 14.5%, 25%, and 50%. The nature of transactions considered are Interstate Sales - Against Form C , Interstate Sales - Taxable , Interstate Sales - Works Contract . Note: The tax rate 14.5% is now added. |
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02. Total CST payable as at ix(c) in the Table-I |
Displays auto calculated value. |
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Table-II |
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Particulars of purchase within the state |
Displays the assessable value of purchases within the state at 1%, 2%, 5%, 10%, 12.5%, 13.5%, 14.5%, 25%, and 50%. The nature of transactions considered are Interstate Sales - Against Form C , Interstate Sales - Taxable , Interstate Sales - Works Contract . Note: The tax rate 14.5% is now added. |
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04. Total Input Tax Credit at ix(c) in the Table-II |
Displays auto calculated value. |
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05. ITC to be reduced [04 – 02] |
Displays auto calculated value. To adjust the ITC amount record a journal voucher for reversing the input tax against interstate sales . To reverse the input tax 1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal . 2. Click J : Stat Adjustment . 3. Select CST as the Type of Duty/ Tax . 4. Select Reversal of Input Tax as the Nature of adjustment . 5. Select Interstate Sales for Additional Details . 6. Debit the purchase or expense or asset ledger. 7. Credit input VAT ledger. 8. Press Ctrl+A to accept. |
Last updated for Release 5.3.2
'Annexure II - Form VAT 201 (Odisha)' has been shared with
