On exporting data to VAT-15 template, the relevant details are displayed in CST-1 worksheet.
The description of CST-1 worksheet is given be low:
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Field Name |
Description |
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1. Gross Amount Receivable by Dealer |
Displays the: ● Gross assessable value of taxable sales . Displays the total of gross assessable value and separately charged expenses of sales recorded with the following nature of transactions: Expense or income ledger in which the option Include in assessable value calculation for? is set to Not Applicable . ● Interstate Sales - Works contract ● Sales - Works contract ● Sales Taxable ● Interstate Sales - E1 ● Interstate Sales - Against Form C ● Interstate Sales - Taxable ● Net assessable value of exempt sales . Displays the total of net assessable value and separately charged expenses recorded with the following nature of transactions: Expense or income ledger in which the option Include in assessable value calculation for? is set to Not Applicable . ● Interstate Deemed Export ● Interstate Sales High Seas ● Exports ● Interstate Branch Transfer Outward ● Interstate Consignment Transfer Outward ● Interstate Sales Exempt - E1 ● Interstate Sales - E2 ● Interstate Sales - Tax Free ● Interstate Sales - Zero Rated ● Interstate Sales Exempt - With Form C Also, the net assessable value of sales recorded with the following nature of transactions are displayed here: ● Deemed Export ● Sales High Seas ● Branch Transfer Outward ● Consignment Transfer Outward ● Sales - Tax Free ● Sales Zero Rated |
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Deduct: |
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(i) Sales of Goods Outside the State (as defined in Sec.4 of the Act) |
Displays the credit value entered for sales ledger in journal voucher to account for sale of goods outside the state . To record the sale of goods outside the state 1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal . 2. Click J : Stat Adjustment . o Select VAT as the Type of duty/tax . o Select Decrease in Sale as the Nature of Adjustment . 3. Debit the sales ledger with the nature of transaction Interstate Sales - Against Form C and enter the amount. 4. Debit the CST ledger and enter the amount. 5. Credit the sales ledger with the nature of transaction Interstate Sales - Tax Free . 6. Credit the ledger grouped under branch/division. 7. Press Ctrl+A to accept. |
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(ii) Sales of Goods Outside the State (as defined in Sec.5 of the Act) |
Displays the net assessable value of sales recorded with the following nature of transactions: ● Exports ● Deemed Export ● Interstate Deemed Export ● Interstate Sales High Seas ● Sales High Seas |
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(iii) Turnover of Goods transferred outside State [as referred in Section 6-A(2)] |
Displays the net assessable value of sales recorded with the following nature of transactions: ● Interstate Consignment Transfer Outward ● Interstate Branch Transfer Outward |
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2. Balance Turnover on Interstate Sale within the State |
Displays auto calculated value. |
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Deduct: |
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Turnover of Sales within the State |
Displays the: ● Gross assessable value of taxable sales . Displays the gross assessable value of sales recorded with the following nature of transactions: ● Sales - Works contract ● Sales Taxable ● Net assessable value of exempt sales . Displays the net assessable value of sales recorded with the following nature of transactions: ● Branch Transfer Outward ● Consignment Transfer Outward ● Sales - Tax Free ● Sales Zero Rated |
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3. Balance Turnover on Interstate Sales |
Displays auto calculated value. |
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Deduct: |
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Cost or Freight Delivery or Installation when such cost is separately charged |
Displays the value of separately charged expenses in sales . Displays the value of separately charged expenses of sales recorded with the following nature of transactions: Expense or income ledger in which the option Include in assessable value calculation for? is set to Not Applicable . ● Interstate Sales - Works contract ● Sales - Works contract ● Sales Taxable ● Interstate Sales - E1 ● Interstate Sales - Against Form C ● Interstate Sales - Taxable ● Interstate Deemed Export ● Interstate Sales High Seas ● Exports ● Interstate Branch Transfer Outward ● Interstate Consignment Transfer Outward ● Interstate Sales Exempt - E1 ● Interstate Sales - E2 ● Interstate Sales - Tax Free ● Interstate Sales - Zero Rated |
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4. Balance: Total Turnover on Interstate Sales |
Displays auto calculated value. |
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Deduct: |
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(i) Turnover of Interstate Sale of Goods unconditionally exempt from Tax under the Punjab general Sale Tax Act 1948 |
Displays the net assessable value of sales recorded with the following nature of transactions: ● Interstate Sales - Zero Rated ● Interstate Sales - Tax Free |
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(ii) Turnover of Sale of Goods returned by the purchaser within a period of three months under rule 11(2)(b)of the Central Sales Tax(Registration & Turnover)Rule 1957 |
Displays the values of sales returns and adjustments whose invoice date is three months (maximum of three months) prior to the original invoice date: Value of sales returns entered in credit note. |
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(iii) Turnover in respect of subsequent sales falling under clause(a) and (b)of section 6(2)A of the Act |
Displays the net assessable value of sales recorded with the following nature of transactions: ● Interstate Sales Exempt - E1 ● Interstate Sales - E2 |
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5. Balance Taxable Turnover in respect of Interstate Sales |
Displays auto calculated value. |
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6. GOODS WISE BREAKUP OF ABOVE |
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A. Declared 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 ● Interstate Sales Exempt - With Form C ● Stock item is predefined as declared goods . In the VAT Details screen of stock item master, set the option Type of goods to Declared Goods . ● Party ledger is predefined as Registered dealer . In VAT Details screen of party ledger, the option Type of Dealer is set to Registered . |
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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 ● Interstate Sales Exempt - With Form C ● Stock item is predefined as declared goods . In the VAT Details screen of stock item master, set the option Type of goods to Declared Goods . ● In party ledger, the Type of Dealer selected is other than Registered dealer. |
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B. Other Goods: |
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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 ● Interstate Sales Exempt - With Form C ● Stock item is categorised as regular goods . In the VAT Details screen of stock item master, set the option Type of goods to Not Applicable . ● Party ledger is predefined as Registered dealer . In VAT Details screen of party ledger, the option Type of Dealer is set to Registered . |
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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 ● Interstate Sales Exempt - With Form C ● Stock item is categorised as regular goods . In the VAT Details screen of stock item master, set the option Type of goods to Not Applicable . ● In party ledger, the Type of Dealer selected is other than Registered dealer. |
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Total : |
Displays auto calculated value. |
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7. TAX WISE BREAKUP OF SALES |
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Taxable At % |
Displays the rate of tax charged on sales recorded with the following nature of transactions: ● Interstate Sales - Works contract ● Interstate Sales - E1 ● Interstate Sales - Against Form C ● Interstate Sales - Taxable ● Interstate Sales Exempt - With Form C |
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On which Tax Amount To (Rs.) |
Displays auto calculated value. |
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7A Add: Any other Tax amout(due to rounding off) |
This field will be currently left blank. |
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8 TOTAL TAX PAYABLE ON Rs. |
Displays auto calculated value. |
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AMOUNT OF Rs. |
Displays auto calculated value. |
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9 TAX PAID IF ANY BY MEANS OF TREASURY CHALLAN/CHEQUE/ DRAFT |
Displays the: ● CST amount entered in tax payment voucher . To create a payment voucher 1. Go to Gateway of Tally > Display > Statutory Reports > VAT > Form VAT III . 2. Click S : Stat Payment . In the Stat Payment Details screen, o Select CST in Tax Type . o Enter the dates in Period From and To fields. o Select the Type of Payment as Regular . o Press Enter to return to payment voucher . 3. Select the bank ledger. 4. Select the CST ledger and enter the amount. 5. Press Ctrl+A to accept. ● Challan/Instrument No. , Deposit Date , Name of the Bank , and Name of the Branch entered for the CST payment voucher, in Stat Payment Details screen of Tax Payment Reconciliation report. |
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10 (i) BALANCE DUE, IF ANY |
Displays auto calculated value. |
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10 (ii) EXCESS PAID, IF ANY |
Displays auto calculated value. |
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Remarks (if any) |
Displays the Remarks entered in the Export Report screen of Form CST 1 report. |
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