Annexure C is an invoice-wise statement of input tax on intra-state sales of medicines (@ 5%) to a registered dealer. The periodicity of this annexure is quarterly and the due date of filing this return is the 25th of the subsequent month. Annexure C has to be filed with VAT Form 200.
Annexure C captures values, where:
● The nature of transaction selected is:
o Sales Taxable ( Type of goods : Medicines )
o Sales Exempt ( Type of goods : Medicines )
● The VAT TIN number of the party is 11 digits long and starts with 20.
To export Annexure C
1. Go to Gateway of Tally > Display > Statutory Reports > VAT > VAT Form 200 .
2. Click A : Annexures
3. Select Annexure C .
4. Press Enter .
5. Click E : Export .
Note: Ensure that the excel template is available at the export location.
6. Press Enter to export.
The fields in the form are described below:
|
Field Name |
Description |
|
Dealer TIN |
Displays the company TIN, as recorded in the TIN field in the Company VAT Details screen. |
|
Period From |
Displays the start date of the return period, as selected in the annexure report. |
|
Period To |
Displays the end date of the return period, as selected in the annexure report. |
|
Description |
Displays the description of the type of sale of medicines, based on the Nature of transaction . The different options available for selection are: ● Medicine on MRP scheme is selected when medicines are sold at MRP. ● Free supply Scheme is selected when medicines are supplied free of cost as samples or for other promotional purposes by selecting different billed and actual quantities in the voucher. Further, when the MRP value is not configured in the item master. This is applicable when MRP is enabled. |
|
Dealer Category |
Displays the dealer type from the default list available in the template. The different options available are: ● Registered Dealer is selected when goods are sold to the party who is registered under VAT and has a valid TIN. The TIN can be recorded in the party master or in the Party Details screen of the transaction. ● Unregistered Dealer is selected when sales are made to a party who is not registered under VAT, and therefore, does not have a valid TIN. |
|
Name of Purchaser |
Displays the party name, as recorded in the field Name in ledger of the party selected or in the Party Details screen of the transaction. |
|
TIN |
Displays the party TIN, 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. TIN is not captured for unregistered dealers. |
|
Invoice No. |
Displays the invoice number of the sales transaction. |
|
Date of Invoice |
Displays the invoice date of the sales transactions. |
|
Rate of Tax(A) |
Displays rate of tax applicable to medicines in the course of local sales. |
|
Taxable turnover [(Excluding Tax) (B)] |
Displays the purchase value of the medicines at the actual price (other than the MRP) charged by the importer, manufacturer or reseller. ● Taxable turnover (excluding tax) is calculated by deducting the tax computed on MRP from the item value. ● In transactions when MRP is not defined or Calculate VAT on MRP? is not enabled, then the assessable value on which tax is calculated will be captured in the sales value. |
|
Maximum Retail Price (C) |
Displays the MRP value on which tax has to be calculated. In case MRP is not enabled, taxable turnover is captured. In case the Description is selected as Free Supply Scheme , this field automatically captures the MRP details. |
|
VAT\Tax Charged (D) (A*C) |
Displays auto populated tax value. |
|
Total Value (E=B+D) |
Displays the Total Value (E), which is the sum of B (total taxable turnover or the assessable value) + D (tax paid on the assessable value). |
|
Dealer Type |
Displays the nature of business of the company of the purchaser. The different options available for selection are: ● Importer is selected when Sales Taxable is selected as the Nature of transaction , Medicine is selected as Type of goods . Further, and Country selected in the ledger of the party is other than India. ● Manufacturer is selected when Sales Taxable is selected as the Nature of transaction and Medicine is selected as the Type of goods . ● Reseller is selected when Sales Exempt is selected as the Nature of transaction and Medicine is selected as the Type of goods . |
|
Used Sugam P number |
Displays the e-Sugam Number recorded in the Statutory Details screen of the transaction. |
|
For unregistered dealers (for sale amount of less than Rs 50,000) |
|
|
Taxable Turnover |
Displays the value of sales made to unregistered dealers, as the assessable value in sales transactions with Sales taxable (Type of goods: Medicines and Nature of goods: MRP Goods) and Sales exempt (Type of goods: Medicines) selected as the Nature of transaction , and the option Unregistered is selected in the field Type of Dealer in the VAT Details screen of the party ledger. |
|
Maximum Retail Price (MRP) |
Displays the MRP value of the goods, as defined in the inventory masters. |
|
For consumers |
|
|
Taxable Turnover |
Displays the value of sales made to consumers, as the assessable value in sales transactions with Sales taxable ( Type of goods : Medicines and Nature of goods : MRP Goods ) and Sales exempt ( Type of goods : Medicines ) selected as the Nature of transaction , and the option Consumer selected in the field Type of Dealer in the VAT Details screen of the party ledger. |
|
Maximum Retail Price (MRP) |
Displays the MRP value of the goods, as defined in the inventory masters. |
|
Total |
|
|
Total Taxable Turnover |
Displays the auto populated sum total of assessable values of all the dealer types (that is, unregistered + registered + consumers). |
|
Total Maximum Retail Price (MRP) |
Displays the auto populated total MRP of all the dealer types (that is, unregistered + registered + consumers). |
|
Total VAT\Tax charged |
Displays the total VAT collected from registered and unregistered dealers. |
|
Total |
Displays the auto populated sum of total taxable turnover + MRP price + VAT tax amount charged. |