Commercial Tax Department FORM-I MONTHLY VALUE ADDED TAX RETURN (See Rule 19(1)) To Calculation of tax due R.17 Net Taxes - Difference of R.11.B and R.16 R.18 Less: Tax Deducted at Source R.19 Add: Interest and Penalty R.20 Balance (R.17 -R.18 + R.19) IF THE BALANCE ON R.20 IS POSITIVE, PAY TAX AND PROVIDE DETAILS IN THIS BOX R.21 Tax paid (copy amount from R.20) Instrument No. Date Rs. R.22 Pay order / Cheque /D.D. number / Receipt / Challan number D D M M Y Y D D M M Y Y D D M M Y Y D D M M Y Y IF THE BALANCE ON R.20 IS NEGATIVE, FILL THIS BOX R.23 Credits (copy amount from R.20) R.24 Adjusted against liability under Central Sales Tax/other Dealers' dues R.25 Refund due [to claim refund see Rule 28(3)] R.26 Carried forward to next tax period (R.23-R.24-R.25) R.27 DECLARATION I/we........................................... S/o .........................declare that to the best of my / our knowledge and belief, the information furnished in the above statement / the details furnished in terms of rules 17(10) and in the Annexure -I are true and complete. I/We also declare that I am / We are authorized by Proprietor/Partner/Board of Directors to sign the returns. PLACE : Signature: DATE : Name and Designation / Status and Relationship to the dealer with seal: Ph. No. E-mail ID. Annexure - I TIN A. Adjustments in Output Tax Nature of adjustment Increase in Output Tax (I) Decrease in Output Tax (II) 1.Sale has been cancelled 2.Nature of sale has changed 3.Change in agreed consideration 4.Sales return 5.Tax payable on goods held on the date of cancellation of registration 6.Purchase tax 7.Others, if any (specify) 8.Total C. Adjustments in Tax Credit Signature COMPLETING VATRETURN Guidelines for filling Monthly Tax Return in Form-I General: 1. Capital letters, International Numerals shall be adopted while filling the Return. 2. If the amount contains a part of a rupee consisting of paise, then if such part is 50 paise or more, it shall be increased to one rupee and if such part is less than 50 paise it shall be ignored. Row No. Details R.1 Enter the tax period for which the return to be filed. e.g. 01/04/07 to 30/04/07 R.2 EntertheVATTINNumberasintheRegistrationcertificate. R.2.1 Enterthe ful name ofthe dealerasin the Registration certificate. Any changesm ustbenotified inwriting totheauthorityconcerned. R.3 Enterthe value ofsalesm ade at1% (goodscovered underPart-A ofSecond Schedule) in R.3(A)and the am ountofoutputtaxpayable at1% in R.3(B) during the taxperiod. R.4 Enterthe value ofsalesm ade at4% (goodscovered underPart-A ofThird Schedule) in R.4(A)and the am ountofoutputtaxpayable at4% in R.4(B) during the taxperiod. R.5 Enterthe value ofsalesmade at12.5% (goodscovered underPart-A of Fourth Schedule) in R.5(A)and the am ountofoutputtaxpayable at12.5% in R.5(B)during the taxperiod. R.6 Enterthevalueofsalesmadeatotherrates,ifanyseparatelyin R.6.1,R.6.2, R.6.3. e.g. reduced ratesbywayofnotificationifany. R.7 Enterthe value ofsale ofgoodscovered underFirstSchedule. R.8 Enterthe value ofinterstate salesin R.8(A) excluding the stock transfers , exporttransactionsand sale to SpecialEconom ic Zone (SEZ) (i.e. excluding value in R.8.1,R.9and R.9.1). R.8.1 Enterthevalueofstocktransferoutwardduringthetaxperiodin R.8.1.(A) R.9 Enterthe value ofsalescovered underSec. 5(1),5(3),5(5) ofCSTAct. R.9.1 EnterthevalueofsalesmadetoSEZcoveredunderSec.8(6)ofCSTAct during the taxperiod. R.10 Completetheannexure-Iandinsertthevalueofnetincrease/decreaseas in Annexure-IRow B. Decreaseinvalueshould bementioned within brackets. R.11 Enterthe totalvalue ofsalesand outputtaxin the respective colum ns. R.12 EnterthevalueofpurchasesmadeduringthetaxperiodforwhichVATisnot paid. Exam ple :Purchasesfrom non-registered Dealers,Dealerspaying tax atcom pounded rate covered undersections15(2) & 19 orthe purchases madefrom theindustriesavailingexemptionundertherepealedAct. R.13 Enterthe value ofpurchasesforwhich ITC noteligible. I.e. Purchasesfal ing undersection16(2)(I ). R.14 PurchaseswhichareeligibleforITC. R.14.1 Enterthe value ofpurchasestaxable @ 1% (goodscovered underPart-A of Second Schedule) in R.14.1(A) and inputtaxpaid in R.14.1(B). R.14.2 Enterthe value ofpurchasestaxable @ 4% (goodscovered underPart-A of Third Schedule)in R.14.2(A) and inputtaxpaid in R.14.2(B). R.14.3 Enterthe value ofpurchasestaxable @ 12.5% (goodscovered underPart-A ofFourthSchedule) inR.14.3(A) and inputtaxpaid in R.14.3(B). R.14.4 Enterthe value ofpurchasesmade atotherrates,ifany separately in R.14.4.1,R.14.4.2,R.14.4.3. Exam ple:reduced ratesby way ofnotification if any. R.15 CompletetheAnnexureIandinsertthetotalvalueasinAnnexure-IRow-D. R.16 Enterthe totalinputtaxcreditafteradjustm ents. R.17 Enterthe dif erence ofvalue in R.11(B)and R.16 R.18 EnterdetailsrelatingtoTDSpaidbytheWorksContractorsunderSec.15read withRule 30. R.19 Enterthe interestand penaltypayable ifany. R.20 Enterthe value (R.17-R.18+R.19) R.21 IfthevalueenteredatR.20ispositive(i.e.outputtaxismorethantheinput tax) the dealershould pay tax and the value oftax payable should be entered in thisrow. R.22 Enterthe num berofPayOrder/Cheque/Dem and Draft/Receipt/Chalan. E.g.:cheque No. 234567,15.05.07,Rs. 999999/ R.23 Ifthe value entered atR.20 isnegative (i.e. Ifinputtaxismore than the outputtax) enterthe value here. R.24 EnterCSTpayable/otherdealersduesifany. R.25 Enterthe value ofrefund due ifany(To claim refund see rule 28(3)) R.26 Enterthevalueofexcessinputtaxcredittobecar iedforwardtonexttax period afteral adjustments(i.e.EntervalueofR.23-R.24-R.25). R.27 Enterthe nam e ofthe authorized person signing the declaration,Father's name,Designation/Statusandaf ixseal. Entercontactphoneno./e-mail ID. Use capitallet ers.
