CST Form 1 (Bihar)

CST Form 1 is a quarterly return form that is submitted to the commercial tax department of Bihar by a dealer registered in the state. Annual return is also in the same Form, based on the quarterly returns for the year.

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 > CST Form-1.

3.     Press Ctrl+E to view the Export Report screen. Based on the CST Form-1 report period, the From and To dates are displayed here. Ensure the template is available in the Export Location.

4.     Press Enter to export data.

A brief explanation about the form fields is given below:

Field Name

Description

Part 1

01. Gross Amount Received or Receivable by the Dealer during the Period in respect of the sale of goods

Displays the:

●      Net assessable value of sales recorded with the nature of transactions provided for sales.

●      Net assessable value of additional expenses entered in sales recorded with the following nature of transactions:

o      Interstate Sales - Against Form C

o      Interstate Sales - E1

o      Interstate Sales Taxable

●      Debit value of interstate sales ledger selected in journal voucher recorded with nature of adjustment Decrease in Sales.

01. Deduct :-

(i) Sale of Goods outside the State (as defined in the Section 4 of the central Sales Tax Act 1956)

Displays the debit value of interstate sales ledger selected in journal voucher recorded with nature of adjustment Decrease in Sales.

(ii) Sales of Goods in course of Export from India (as defined in section (4) of the C.S.T. Act 1956)

Displays the net value of sales recorded the nature of transaction Exports.

02. Balance :- Turnover on Inter-state Sales and Sales within the State

Displays auto calculated value.

Deduct :- Turnover on Sales within the State.

Displays the net value of sales recorded by selecting any of the following nature of transactions:

●      Sales - Works Contract

●      Labour Charges Collected

●      Sales Exempt

●      Sales Taxable

●      Sales Transfer of Right to Use

●      Sales Transfer of Right to Use - Exempt

03. Balance :-Turnover on Inter-state Sales

Displays auto calculated value.

03. Deduct :-

(i) Cash discount cost of Freight Delivery installation when such cost is separately charged

Displays the net assessable value of additional expenses entered in sales recorded using the following nature of transactions:

●      Interstate Sales - Against Form C

●      Interstate Sales - E1

●      Interstate Sales Taxable

(ii) Exempted Sales, if any

Displays the net assessable value of sales recorded with the nature of transaction Interstate Sales Exempt.

04. Balance:-Total Taxable Turnover on Inter-State Sales

Displays auto-calculated value.

Part 2

A. Declared Goods Sold to registered Dealer on prescribed declaration Vide Declaration attached

Displays the sale value and corresponding declaration form of declared goods recorded with the following nature of transactions:

●      Interstate Sales - Against Form C

●      Interstate Sales - E1

●      Interstate Sales Exempt - E1

●      Interstate Sales - E2

●      Interstate Branch Transfer Outward

●      Interstate Consignment Transfer Outward

●      Interstate Deemed Export

●      Interstate Sales - Zero Rated

A. Declared Goods Sold Otherwise :-

Displays the sale value of declared goods recorded with the nature of transaction Interstate Sales - Taxable.

B. Other Goods Sold to registered Dealer on prescribed declaration Vide Declaration attached

Displays the sale value and corresponding declaration form of other than declared goods recorded with the following nature of transactions:

●      Interstate Sales - Against Form C

●      Interstate Sales - E1

●      Interstate Sales Exempt - E1

●      Interstate Sales - E2

●      Interstate Branch Transfer Outward

●      Interstate Consignment Transfer Outward

●      Interstate Deemed Export

●      Interstate Sales - Zero Rated

B. Other Goods Sold Otherwise :-

Displays the sale value of declared goods recorded with the nature of transaction Interstate Sales - Taxable.

Total :-

Displays auto calculated value.

06. Tax Details

Tax@

Turnover

Amount of Tax

Displays the CST rate of each transaction.

Displays the assessable value of sales recorded with the following nature of transactions:

●      Interstate Sales - Taxable

●      Interstate Sales - Against Form C

●      Interstate Sales - E1

Displays the CST on sales recorded with the following nature of transactions:

●      Interstate Sales - Taxable

●      Interstate Sales - Against Form C

●      Interstate Sales - E1

07. Tax payable Rs.

Displays auto calculated value.

a) Rebate

Displays the debit value of CST ledger in journal voucher recorded with the nature of adjustment:

●      Decrease of Input Tax

●      Decrease of CST

b) Amount of Tax

Displays auto calculated value.

08. Tax paid, if any, by means of Treasury

Displays the amount entered in CST payment voucher (recorded by clicking S: Stat Payment).

09. Balance Due or Excess, if any

Displays auto calculated value.