Annexure D Part II - Form 14 (West Bengal)

Annexure to return to be filled in by a works contractor who is unable to ascertain the amount of deduction for labour, service and other like charges.

From

To

Displays the start and end date of the period for which the form is generated in DD/MM/YYYY format.

Registration Number

Displays VAT registration number of the company, as recorded in the TIN field of Company VAT Details screen.

Name of the Dealer

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

Trade name if any

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

Address of the principal place of business

Displays the address of the dealer's business premises, as recorded in the Address field of Company Creation screen.

Nature of works contract [rule 30(2)]

Displays the nature of works contract of the sales transaction, as recorded or selected in the Nature of Contract field in Works Contract Details screen of the sales transaction.  The transactions with Sales - Works contract as Nature of transaction are considered in this case.

Contractual Transfer Price (CTP)

Displays the assessable value from works contract sales transactions recorded in the reporting period. The transactions with Sales - Works contract as Nature of transaction are considered in this case.

Deduction, if any, u/s 18(2) (a) for tax-free goods

Displays the value of tax free goods in works contract sales recorded in the reporting period, as the value recorded in 1. Sale of Tax Free Goods field in Works Contract Details screen of the transaction. The transactions with Sales - Works contract as Nature of transaction are considered in this case.

Deduction, if any, u/s 18(2)(c) and/ or 18(2)(d) for payment to subcontractor and /or other CTP

Displays the value of payments to sub contractors and/or Other CTP in works contract sales recorded in the reporting period, as the value recorded in 3. Payment to Sub Contract field and 4. Other Allowable Deductions in Works Contract Details screen of the transaction. The transactions with Sales - Works contract as Nature of transaction are considered in this case.

% of deduction u/s 18(2)(b) as per rule 30(2), after deduction in col. 3&4

Displays the value of deductions in works contract sales recorded in the reporting period, as the value i.e., amount in C. Deductions u/s 18 (2) on Sub-Total field in Works Contract Detail s screen of the transaction. The transactions with Sales - Works contract as Nature of transaction are considered in this case.

Taxable CTP

Displays the total assessable value after contractual deductions from works contract sales recorded in the reporting period, as the sum of values from Taxable Contract Value field in Works Contract Details screen of the transaction. The transactions with Sales - Works contract as Nature of transaction are considered in this case.

4% / 5% Tax payable on

Displays the total assessable value after contractual deductions from works contract sales taxable at 4% and 5% recorded in the reporting period, as the sum of values from Taxable Contract Value field in Works Contract Details screen of the transaction. The transactions with Sales - Works contract as Nature of transaction are considered in this case.

12.5%/13.5%/14.5% Tax payable on

Displays the total assessable value after contractual deductions from works contract sales taxable at 4% and 12.5%, 13.5% and 14.5% recorded in the reporting period, as the sum of values from Taxable Contract Value field in Works Contract Details screen of the transaction. The transactions with Sales - Works contract as Nature of transaction are considered in this case.