The values shown in Stock Summary and Closing Stock Statement will differ as:
● Non-VATable stock items are not displayed in Closing Stock Statement.
● VATable stock items which are not configured for VAT rates are not considered in Closing Stock Statement.
New reports provided for Kerala annual returns in Release 5.3.6
Basis of considering stock items for Closing Stock Statement
Procedure for exporting and uploading Closing Stock Statement in Kerala VAT portal
Formats supported to export Closing Stock Statement