Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / manikprabhu s uttarwar
Following are the broad step to make VAT Return -
1. List of TIN-Wise & Tax Rate Wise Purchases from Registered Dealer within the State.
2. List of TIN-Wise & Tax Rate Wise Purchases from Registered Dealer Outside the State.
3. VAT Rate wise LOCAL (Within the State) Sales
4. VAT Rate wise CST (Outside the State) Sales
5. List of Stock Transfers outside the state
6. Details of Sales of Scrap / Sale of Asset / Intangible Assets (e.g. Copyright, Brand etc.)
7. List of Imports
8. List of Exports
9. List of Stock Receipts from Outside State
10. And then you have to calculate VAT Liability like -
OUTPUT VAT PAYABLE - INPUT TAX CREDIT AVAILABLE + RETENTION ON BRANCH TRANSFERS OUTSIDE STATE
11. State to state rate of retention is different
12. Purchase of Assets / expense purchases also needs to be separated from Local purchases
.........
.............. this way you have to prepare for VAT Return working
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
what is the difference between vat return and return for remittance on value added tax.
What are Excise Duty rates for Fin.Year 2009-10 for Pesticides and Chemicals Industries.
I want to do correspondence course related for taxation, where I can learn income tax, service tax, sales tax etc. Any one can suggest from which university can I do and name of the course also.
Please some one tell me what is the VAT or WCT rate for works contract at Tripura
What is the value of the Budget for 2009-10
if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
how to calculate service tax on tds
if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form
In one year how many times tds, service tax, and Mvat is paid?
what is form requirment for monthly, quartely, and yearly sale return for haryana
In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?
My client has not filled income tax return for ay-2013-14
CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT
Hi Kindly provide the current slab for profession tax in karnataka and due date for remittance the profession tax
