The Annexures 13_14 displays the details of Opening Balance of Capital Goods ITC, Capital Goods purchases and ITC availment of current period. These annexures have to be filed together to claim input tax credit to the extent of,
● 50% in the first year (year of purchase)
● 25% in the subsequent year
The purchase details in Annexure 13 can be repeated until 100% of the input tax credit is claimed. In Annexure 14, updated claim percentages for subsequent years have to be specified.
The transactions that fulfill the following prerequisites will be displayed in the Annexure-13:
● Transaction is recorded in purchase voucher.
● In the VAT Details screen of capital goods ledger grouped under Fixed Assets,
o Nature of Transaction is selected as Purchase - Capital Goods
o Tax Rate is specified as 5%.
o First Schedule is selected in the Schedule option.
● In party ledger master,
o The State selected is Tamil Nadu.
o The Type of Dealer selected is Regular and the TIN is of 11 digits and it starts with 33.
The transactions that fulfill the following prerequisites will be displayed in Annexure-14:
Transaction is recorded in journal voucher by:
● Selecting Input Tax Credit Admitted On Capital Goods as the VAT Adjustment.
● VAT ledger grouped under Duties & Taxes with Type of Duty/Tax set to VAT is debited.
● Ledger grouped under Current Assets is credited.
The xml file can be uploaded successfully only if all the aforementioned prerequisites are fulfilled. XML file can be generated either from the annexure screen or from the exported excel template.
To view Annexure 13 -14
1. Go to Gateway of Tally > Display > Statutory Reports > VAT > e-C TAX.
2. Click A: Annexures.
3. Select Annexure 13_14.
4. Press Ctrl+E to export.
5. Specify the period and press Enter to export the data.
The XML file will be created in the Tally.ERP 9 application folder. In case of excel template, the data is exported to excel template and the xml is generated after validating the data. The different fields in the excel template are described below:
The excel template contains three worksheets:
● Help: This sheet provides details on different elements of the excel sheet and do’s and don’ts.
● Basic Details: This sheet will record the company and period information.
● Annexure-13_14: This sheet will record the transaction details for the period.
Legend |
Indicates what is new in the form/annexure |
Indicates what has changed in the form/annexure |
|
Indicates what has been removed from the form/annexure |
The fields in the annexure are described below:
Field Name |
Description |
Basic Details Worksheet |
|
Dealer TIN |
Displays TIN entered in Company VAT Details screen of Statutory & Taxation features. |
Tax Period From |
Displays the starting date of return period of the report which was entered in the From (blank for beginning) field of Export Report screen. |
Tax Period To |
Displays the ending date of return period of report which was entered in the To (blank for end) field of Export Report screen. |
Annexure - 13 Worksheet |
|
TIN of Seller |
Displays the VAT TIN predefined for the party ledger selected in the invoice. TIN is 11 digits long and it starts with 33. |
Invoice No. |
Displays the number entered in Supplier Invoice No. field of the purchase invoice. |
Date of invoice |
Displays the supplier invoice date entered in the purchase invoice. |
Value of Capital Goods (Rs.) |
Displays the assessable value entered in purchase voucher by selecting capital goods predefined with 5% tax rate. The capital goods predefined with any other tax rate will be displayed in Annexure-1. |
Rate of Tax (%) |
Displays tax rate predefined in the VAT Details screen.. |
VAT paid (Rs.) |
Displays the VAT amount which is auto calculated. |
ITC adjusted upto previous month (Rs.) |
Displays the input tax credit claimed up to previous month. The input tax credit is entered in journal voucher by selecting the VAT Adjustment, Input Tax Credit Admitted On Capital Goods. |
Annexure - 14 Worksheet |
|
Displays the details of journal voucher recorded by selecting the VAT Adjustment, Input Tax Credit Admitted On Capital Goods |
|
TIN Seller |
Displays the TIN predefined for the Party Name selected in the Credit Settlement Details screen of journal voucher. |
Invoice No. |
Displays the Supplier Ref No. entered in the Credit Settlement Details screen of journal voucher. |
Date of invoice |
Displays the Supplier Date entered in the Credit Settlement Details screen of journal voucher. |
Date of Commercial Production |
Displays the Date of Production entered in the Credit Settlement Details screen of journal voucher. |
ITC availed during the month (Rs.) |
Displays the amount entered for input VAT ledger in the journal voucher. |