Form LS-I is an e-VAT annexure that captures the intra-state sales made by the dealer.
Form LS-I displays transactions where:
● The Nature of transaction selected is Sales Taxable .
● The VAT TIN number of the party is 11 digits long and starts with 02.
To export Form LS-I
1. Go to Gateway of Tally > Display > Statutory Reports > VAT > Form VAT XV > Annexures .
2. Select VAT Form LSI .
3. Press Enter .
4. Press Ctrl+E .
Note: Ensure that the excel template is available at the export location.
5. Enter the address to be captured for sales made to unregistered dealers in the field Retail Sales Address . This field is enabled only when the option Consolidate Retail Sales? is set to Yes .
6. Press Enter to export.
The fields in the annexure are described below:
|
Field Name |
Description |
|
Customer's Name |
Displays the Buyer Name recorded in the Party details screen or the Mailing Name in the party ledger master for local sales transactions. It also display Retail Sales against consolidated value of sales made to unregistered dealer when the option Consolidate Retail Sales? is enabled in the Export Report screen while exporting the annexure. |
|
Address of the customer |
Displays the address of the buyer recorded in the Party Details screen or in the party ledger master for local sales transactions. It also displays the address recorded in the field Retail Sales Address in the Export Report screen while exporting the annexure in case of consolidated value of sales made to unregistered dealer. |
|
Registered/Unregistered |
Displays the type of the dealer specified in the party ledger master in intra-state sales transactions. ● Registered Dealer is selected when goods are sold to the party who is registered under VAT and has a valid TIN. ● Unregistered Dealer is selected when sales is made to a party who is not registered under VAT, and therefore, does not have a valid TIN. |
|
TIN |
Displays the company TIN, as recorded in the field VAT TIN No. in VAT Details screen of party ledger master or in the field TIN/Sales Tax No. in the Party Details screen of transaction. |
|
Value sales during Tax period |
Displays the aggregate assessable value from all sales made to the party for the specified period. |
|
VAT during Tax period |
Displays the aggregate tax amount from sales made to the selected party in the specified period. |