You can generate local sales annexure by exporting data to the e-filing template.
Following are the pre-requisites to capture values in this annexure.
1. Party Ledger : Following details should be defined in the party ledger selected in the sales invoice.
● VAT TIN should be of 11 digits with ' 29 ' as the first two digits
● Type of Dealer set to Regular , Unregistered or Composition
2. Nature of Transaction : In Local Sales annexure, the value of transactions recorded in sales invoice using the following nature of transaction are displayed:
● Sales Taxable
● Sales - Works Contract
● Sales Exempt
● Sales Others
● Consignment Transfer Outward
3. VAT Rates : To display transaction details of sales recorded using the aforementioned taxable nature of transaction, the VAT rates have to be defined in the,
● Stock item master
● Sales ledger, if common ledger is not being used
The tax rates considered in this annexure for sales made from registered and unregistered dealers are, 1%, 2%, 4%, 5%, 5.5%, 12.5%, 13.5%, 14%, 14.5%, 15%, 15.65%, 17%, 20%, 25% and 28%.
The description on each column of this annexure is given below:
|
Field Name |
Description |
|
Buyer TIN |
Displays VAT TIN of 11 digits with 29 as the first two digits predefined in the party master or entered in the Party Details screen of Sales invoice. |
|
Name of Buyer |
Displays the name of the party or cash ledger selected in the sales invoice. |
|
Invoice Number |
Displays the number entered in the Ref field of sales invoice. |
|
Invoice Date (DD/MM/YYYY) |
Displays the invoice date of sales invoice in DD/MM/YYYY format. |
|
Net Value |
Displays the assessable value of sales invoice. |
|
Tax Value |
Displays the VAT on sales invoice. |
|
Other Charges |
Displays the value entered for separately charged expenses (ledger grouped under direct/indirect expenses with the option Use for Assessable Value Calculation set to No ). |
|
Total Value (Net Value + Tax Charged + Other Charges) |
Displays the invoice value. |