Form LP-II is an e-VAT annexure that captures the details of purchase returns made by the dealer filing the return.
Form LP-II displays transactions where,
● The Nature of transaction is Purchase Taxable.
● The Nature of Return selected is Not Applicable or Change in Consideration.
To export Form LP-II
1. Go to Gateway of Tally > Display >Statutory Reports > VAT > Form VAT XV > Annexures.
2. Select VAT Form LPII, and press Enter.
3. Press Ctrl+E.
4. Press Enter to export.
The fields in the annexure are described below:
|
Field name |
Description |
|
Seller's Name |
Displays the Mailing Name in the party ledger master or the Supplier Name from the Party Details screen. |
|
Address of Seller |
Displays the Address available in the party ledger master or the Address from the Party Details screen. |
|
Registered / Unregistered |
Displays the type of dealer selected in the VAT Details screen of the ledger master or based on the availability of TIN in the Party Details screen. |
|
TIN |
Displays the Supplier's TIN number, as recorded in the field VAT TIN No. in the VAT Details screen of the party ledger master or in the field TIN/Sales Tax No. in the Party Details screen of the transaction. |
|
Value of the purchase returns during the tax period |
Displays the aggregate assessable value from the purchase returns recorded for the party in the reporting period. |
|
VAT during the tax period |
Displays the tax amount from the purchase returns recorded for the party in the reporting period. |