VAT Annexure F captures the details of reversal of input tax credit for the reporting period. It is filed along with Form - 14.
1. Go to Gateway of Tally > Display > Statutory Reports > VAT > Form - 14 > Annexure Ready .
2. P ress Enter .
3. Select Annexure F .
4. Press Enter .
Note: The annexures are exported along with Form - 14 to xml format. There is no provision to export the annexures separately.
The department has provided a java tool to verify the details in the XML file for returns and annexure. The information captured in the XML file is described below based on the fields displayed in the java tool provided by the department.
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Field |
Description |
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From To |
Displays the start and end date of the period for which the form is generated in DD/MM/YYYY format. |
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REGISTRATION NUMBER |
Displays VAT registration number of the company, as recorded in the TIN field of Company VAT Details screen. |
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Method adopted for Calculation of Reverse Credit (Indicate which method has been adopted): Please tick |
Displays the method adopted for calculation of reverse credit by selecting the right option between self accounting and formula as given in rule 23(4). |
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Calculation of Reverse Credit using formula as given in rule 23(4) |
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Amount Rs. |
ITC Reversed |
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I. Stock Transfer to agent or branch or H.O. outside the state |
Displays the assessable value of goods transferred to agent or branch or H.O outside the state for each month of the quarter, as the amount recorded in Assessable Value field of VAT Details screen in a journal voucher where input VAT ledger is credited. The journal vouchers recorded by selecting Reversal of Input Tax as Nature of adjustment and Stock Transfer as Additional Details are considered in this case. The assessable for each month of the quarter is displayed in specific columns. |
Displays the sum of input tax amount from stock transfer for each month of the quarter in specific columns. The value of input VAT ledger credited in journal voucher recorded by selecting Reversal of Input Tax as Nature of adjustment and Stock Transfer as Additional Details is considered in this case. |
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II. Goods used for manufacturing goods as specified in Schedule A for the purpose other than export. |
Displays the assessable value of goods used for manufacturing of exempt goods in each month of the quarter, as the amount recorded in Assessable Value field of VAT Details screen in a journal voucher where input VAT ledger is credited. The journal vouchers recorded by selecting Reversal of Input Tax as Nature of adjustment and Manufacturing of Exempt Goods as Additional Details are considered in this case. The assessable for each month of the quarter is displayed in specific columns. |
Displays the sum of input tax for goods used in manufacturing of exempt goods in each month of the quarter in specific columns. The value of input VAT ledger credited in journal voucher recorded by selecting Reversal of Input Tax as Nature of adjustment and Manufacturing of Exempt Goods as Additional Details is considered in this case. |
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III. Goods lost or damaged. |
Displays the assessable value of goods lost or damaged in each month of the quarter, as the amount recorded in Assessable Value field of VAT Details screen in a journal voucher where input VAT ledger is credited. The journal vouchers recorded by selecting Reversal of Input Tax as Nature of adjustment and Goods Damaged / Lost as Additional Details are considered in this case. The assessable for each month of the quarter is displayed in specific columns. |
Displays the sum of input tax for goods lost or damaged in each month of the quarter in specific columns. The value of input VAT ledger credited in journal voucher recorded by selecting Reversal of Input Tax as Nature of adjustment and Goods Damaged / Lost as Additional Details is considered in this case. |
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IV. Goods returned to supplier. |
Displays the assessable value of goods returned to the supplier in each month of the quarter. As the assessable value from debit note with Not Applicable as Nature of Return . The transactions with Purchase Taxable , Purchase Taxable - Capital Goods , Purchase Transfer of Right to Use and Purchase - Works contract are considered in this case. The assessable for each month of the quarter is displayed in specific columns. |
Displays the sum of input tax for goods returned to supplier in each month of the quarter in the specific columns. The transactions with Purchase Taxable , Purchase Taxable - Capital Goods , Purchase Transfer of Right to Use and Purchase - Works contract are considered in this case. |
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V. Goods distributed as samples. |
Displays the assessable value of goods given as sample in each month of the quarter, as the amount recorded in Assessable Value field of VAT Details screen in a journal voucher where input VAT ledger is credited. The journal vouchers recorded by selecting Reversal of Input Tax as Nature of adjustment and Goods Given As Gift, Free Sample as Additional Details are considered in this case. The assessable for each month of the quarter is displayed in specific columns. |
Displays the sum of input tax for goods given as gift in each month of the quarter in specific columns. The value of input VAT ledger credited in journal voucher recorded by selecting Reversal of Input Tax as Nature of adjustment and Goods Given As Gift, Free Sample as Additional Details is considered in this case. |
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VI. Goods given away free of cost to the customers |
Displays the assessable value of goods with rights transferred for consumption in each month of the quarter, as the amount recorded in Assessable Value field of VAT Details screen in a journal voucher where input VAT ledger is credited. The journal vouchers recorded by selecting Reversal of Input Tax as Nature of adjustment and Transfer of Right to Use Goods, Gifts Or Self Consumptions as Additional Details are considered in this case. The assessable for each month of the quarter is displayed in specific columns. |
Displays the sum of input tax for goods with rights transferred for consumption in each month of the quarter in specific columns. The value of input VAT ledger credited in journal voucher recorded by selecting Reversal of Input Tax as Nature of adjustment and Transfer of Right to Use Goods, Gifts Or Self Consumptions as Additional Details is considered in this case. |
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VII.Others |
Displays the assessable value of goods for which input tax is reversed in each month of the quarter, as the amount recorded in Assessable Value field of VAT Details screen in a journal voucher where input VAT ledger is credited. The journal vouchers recorded by selecting Reversal of Input Tax as Nature of adjustment and Others as Additional Details are considered in this case. The assessable for each month of the quarter is displayed in specific columns. |
Displays the sum of input tax for goods for which input tax is reversed in each month of the quarter in specific columns. The value of input VAT ledger credited in journal voucher recorded by selecting Reversal of Input Tax as Nature of adjustment and Others as Additional Details is considered in this case. |
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Total |
Displays the auto computed sum for each column. |
Displays the auto computed sum for each column. |