vat filing dates

8/13/2019 Vat Filing Dates

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-CTD-Karnataka & NIC- Bangalore UM for e-VARADI1of 37

Commercial Taxes Department,

Govt. of Karnataka

Welcomes you to e-VARADI Website. For your benefit

Revised Users Manual for e-VARADI is hosted.(Version: 5.0 Dated: 12.10.2010)

E-VARADI enables you for e-filing of the following type of returns:

Sl.no Type of

return

Who will file Tax period Last date for

filing

1 Form VAT 100

(VAT Regime)

Dealer whose total

turnover in a year

not exceedingRs.25

lakhs (paying tax or

claiming tax refund

on the basis of out

put tax and inputtax, nil T.O or nil tax

return)

Each quarter of an

year :

Apr-J un, J ul-Sept,

Oct-Dec, J an-

March.

Within 15 days

after the end of

the relevant

quarter.

2 Form VAT 100

(VAT Regime)

Dealer paying tax or

claiming tax refund

on the basis of out

put tax and input

tax.

Each calendar

month.

Within 20 days of

the succeeding

month.

3 Form VAT 105

(VAT Regime)

Dealer purchasing

goods on which tax

is charged by

seller/s on MRP,

Dealer opting to

pay tax on MRP and

whose total turnover

in a year not

exceeding Rs. 25

lakhs, paying tax or

claiming tax refund

on the basis of out

put tax and input

tax.

Each quarter of an

year :


Oct-Dec, J an-

March.

Within 15 days

after the end of

the relevant

quarter.


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Sl.no Type of

return

Who will file Tax period Last date for

filing

4 Form VAT 105

(VAT Regime)

Dealer purchasing

goods on which tax

is charged by

seller/s on MRP,

Dealer opting to

pay tax on MRP

paying tax or

claiming refund on

the basis of out put

tax and input tax.

Each calendar

month.

Within 20 days of

the succeeding

month.

5 Form VAT 120

(COT

Regime)

Dealer whose total

turnover in a year

not exceeding Rs.25

lakhs per year and

paying tax @1% of

total turnover at

composition rate.

Each quarter of an

year :


Oct-Dec, J an-

March.

Within 15 days

after the end of

the relevant

quarter.

6 Form VAT 120

(COT

Regime)

Hoteliers, Caterers,

Bakery, etc and

paying tax @4% of

total turnover atcomposition rate.

Each calendar

month.

Within 15 days

after the end of

the month.

7 Form VAT 120

(COT

Regime)

Mechanised

crushing units

paying tax based

on the size of the

machine and

number of crushers

and type of metal

Each calendar

month.

Within 15 days

after the end of

the month.

8 Form VAT 120

(COT

Regime)

Works contractors

paying tax @4% on

total consideration

received/receivable

at composition rate.

Each calendar

month.

Within 15 days

after the end of

the month.


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Steps * On entering the users name and password, main menu opens.

* Click on Entry & Update under the heading : e-Varadi(VAT /COT).

* The relevant type of return format opens for entering the requisitedetails.

* The type of return enabled to a dealer depends on the category and

type of dealer as per the details entered in the registration records and his

total turnover of 2009-10.

However, if the dealer finds that the format opened in the

e-Varadi module is not the one in which he is required to file his return [ ex:

(a) COT dealer finding the return format opening for entering details of

hotelier type / works contract type or (b) VAT dealer opting to pay tax onMRP/purchasing goods taxed on MRP basis observes that the return

opened is Form VAT 100 instead of Form VAT 105 ], he may please contact

the concerned LVO /VSO immediately who will make corrections in the

relevant records and enable him for e-filing of the appropriate type of

return.

NOTE: A dealer dealing in goods on which he opts to pay tax on MRP and goods on

which he pays tax on the actual net sale price or dealing only in goods on which he opts to

pay tax on MRP is required to file Form VAT-105.

I. Procedure :

1. Login to the Commercial Tax Department web-site http://vat.kar.nic.inusing the

username and password.

2. If you are not having username and password to login to this website, contactyour LVO/VSO, who will provide username and password immediately.

3. In case of the first time login, the system will show some informative screens andask user to enter his choice of username and password. Please note down theusername and password entered by you for your further logins. The system asks

you to enter your contact information.

4. Please change your password as often as possible and keep it safe and secure anddo not share it with anyone.

5. VAT 100 return form is enabled for VAT dealers and VAT 120 return form isenabled for COT dealers. The dealer can also enter the Entry Tax return, as
http://vat.kar.nic.in/http://vat.kar.nic.in/


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applicable.

6. In the main page of VAT Online system, you can see the following options for VAT

100/120 Returns / Entry Tax Returns : New Entry - To enter the VAT 100/120/Entry Tax Return for the selected

period

Payment Details To enter the Payment details for the already saved return.

Verify and Submit To Verify and Submit the VAT 100/120 Return/Entry Tax

return, if it has not been submitted. Print Return To take a printout of the Return and e-challan.

7. Now, select the New Entry option in VAT 100/120 menu.

8. Next, enter the boxes of the VAT 100/120 form for the selected period as per VAT

regime or COT regime. The system will calculate the tax as per the rate andturnover entered by you. You can change the tax value. It may be noted that the

order of entry of details for the return may not be as per prescribed in the returnformat. Some of the fields will get updated as per the entries and calculationmentioned in the return. If there are any errors in the values entered by you,system will show those details at the end of the return entry form. If there are

errors, system will not allow you to save the details and you need to set right theerrors and then save the details.

9. Upon entry of all the details, you can see the return form, verify and subsequently

save by pressing the SAVE button.

10. To edit the details of the already entered return, select the edit option from thelist displayed below New entry option.

11. The option Payment details can be used to enter the payment details for the

selected Return. The dealer can make the payment by Cash, Cheque, DD, Challan

or by E-Payment. For Cheque, DD, Challan, the dealer has to enter the Number,Amount and Date. For Cash, only the amount can be entered. For e-Payment, thedealer must first make the payment in the website https://vat.kar.nic.in/epayand

note the CTDs return reference number(RRN) and enter this number in thepayment details option. The dealer has also got option to enter combination of

payment details of different modes mentioned above for the return of the selectedperiod.

12. Use Verify and Submit option to submit the Return VAT 100/120 after which nochanges can be effected. Here, system will match the total amount in Payment

head with the total amount of Tax Payable head (Demand) for that return. If thepayment is less than the demand, it will not allow you to submit the return.

13. Now click on Print Return button and enter the Period to see the VAT 100/120

form on the screen. You can take a print out by clicking Print option at File menuof the Internet Explorer option.

14. The Return Ref. No. will be printed on top left corner with other details in the VAT

100/120 form.

15. Dealer can also update or delete the transaction before submitting the form.

16. Dealer can take a copy of the VAT 100/120 form for reference before submitting
https://vat.kar.nic.in/epayhttps://vat.kar.nic.in/epay


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also.

17. In case the dealer is making payment by Cash or Cheque/DD/Challan, he has tohand over the return reference number (RRN) of the VAT 100/120 along with theCheque/DD/Challan to the concerned LVO/VSO for verification. The VAT 100/120

return will be treated as received only if the dealer hands over details of RRN ofVAT 100/120 to LVO/VSO in case of Cash /Cheque /DD/Challan payment. If the

dealer has made e-Payment relating to return of that period, RRN details / papercopy of VAT 100/120 need not be handed over to LVO/VSO and dealer maykeep it for his reference, if required.

18. At LVO/VSO, upon receipt of RRN, the officer or his authorized official would open

the web-site and verify the details of the return on the system and paymentdetails with reference to RRN and upon verification he/she will ACCEPT it.

19. The same procedure holds good for the Entry Tax return also.

II. Detailed Procedure:

After logging into the VAT e-filing system, the dealer will be shown the following main

page.

Fig 1 Main Menu

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In this main page, dealer has to click on the New entry option in e-

VARADI. Once he clicks on this, system takes him/her to the data entry screen

for VAT 100 form. The Return can be filed monthly or quarterly depending upon

the dealer type. For monthly return, select the Year and Month and for quarterly

return, select Year and Quarter. Now, select the type of Return such as Original,

Revised or Final. Click on GO. The list of returns already saved but not submitted,

can be seen by the dealer. He can click on the select and open the same.

Fig. 2 Selection of Year and Month/Quarter for the return

VAT 100 Return :

1. A data entry screen form is displayed for entry of information. It may be noted

that the order of data entry will not be in the order of the prescribed VAT 100

return form. Whenever the turnover values are entered, system calculates the tax

payable for these turnover values. The dealer has option to change these valuesas per the indication given by the system. Some of the boxes would be

automatically updated by the system as per the summation requirements. The

system would validate to the maximum extent in respect of summation and

calculation part to simplify the return filling procedure by the dealer.

2. Finally after completion of data entry, dealer will be shown the errors, ifany. The dealer can go back and correct accordingly, otherwise system willnot allow the dealer to save the return.

3. Now it is possible to enter the details of local sales of goods taxable at 2%,

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interstate sales of goods taxable at 2% without C forms, and purchasestaxable at 2%.

4. Also possible to enter the details of sales returns / tax element on salesReturns / purchase returns / tax element on purchase returns / reversibleinput tax on non-deductible input tax claim relating to purchases ofPrevious months / claim of that portion of input tax which was disallowedin respect of stock transfers outside the state , but now returned.

5 Please note that if the value in box no. 4.7 becomes negative ,the dealer has to mention the value in box 4.8, if any, andthereafter enter the remaining value in box no. 4.9 or in box no.4.10 or apportion it in both, as desired. However, the sum ofvalues entered in boxes 4.8,4.9 and 4.10 should match with valuein box 4.7. Please also note that system will allow only the valueentered in box no. 4.10 to be carried forward to the subsequentmonth.

Note: (i). In case, if you have collected excess tax (VAT / CST) thancollectable, then mention the excess collected tax amount inBox No 5.3 and make payment.

Note (ii) Values as regards ineligible input tax relating todifferent types as narrated in boxes 10.1 to 10.6as worked out by the dealer are to be entered in therelevant box/es.

Note (iii) Entry Tax dealers to enter details in seperate 'e-Varadi'

module, submit, obtain Return Ref. No.(RRN) ,makee-Payment / handover cheque/s to VAT office following the

procedure similar to Form VAT 100.

Note (iv) It is necessary for dealers to declare all type of purchasesincluding exempted purchases, interstate purchases, purchasesagainst E-1,E-2,H forms, etc., which will help in enabling thedealer to obtain on-line Statutory forms under the CST Act,1956. Likewise, it is necessary for dealers to declare all type \of sales including exempted sales, stock transfers, subsequentinterstate sales, deemed export sales, exports, etc.

6. If there are no errors, system shows the return form for verification ofthe dealer. Now, dealer can save the details. Please see the screens below ofVAT-100.


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Fig 3 Entry screen for Local Sales

Fig 4 Entry screen for Inter-state Sales

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Fig 5 Entry screen for Purchases

Fig 6 Entry screen for Ineligible ITC

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Fig 7 - Entry screen for Total Turnover

Fig 8 Entry screen for Net Tax

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7. Procedure to enter the taxes relating to Sales returns,Purchase returns, return of stock transfers sent outside the State,ineligible tax input under Sections 14, 17, etc:

Tax involved in credit notes and debit notes can now be adjusted /set off/paid by entering the tax calculated in the appropriate box/es ( 4.6.1 or4.6.2 as the case may be ) .

Unavailed portion of input tax (now 2% ) on return of goods earlier sent onstock transfer basis to places outside the State can be availed by makingappropriate entries in box 4.6.1.

Sales returns with regard to transactions ( local /interstate) of the samemonth can be shown separately in box no.2.1 / 3.1 and the remaining salevalues can be shown as taxable in the appropriate boxes of relevant rate/sof tax.

Purchase returns with regard to Purchases of the same month can be set

off from the purchases of that month and the remaining value can beshown as purchases in the appropriate boxes of relevant rate/s of taxwith admissible input tax credit .

If it is possible to set off sales returns and purchase returns relating totransactions of earlier months ( goods taxable at same rate), the remainingsales / purchases could be declared for the purpose of calculation of outputtax /input tax. Such sales returns should not be declared in box 2.1/3.1 asit will inflate the turnover.

In other situations, calculate the tax and enter in appropriate box ( 4.6.1or 4.6.2 as the case may be ) only if such adjustment is legally permissible(eg: sales returns within 6 months )

An example of purchase and sales return is given herebelow:

Consider the following transactions for the month of Aug. 2010

Local sales 1,75,000 taxable @4%

Local sales 2,00,000 taxable @13.5%

CST sales 65,000 taxable at @2% Purchases 1,60,000 at @4%

Sales returns: (a) 22,000 @ 2% tax effect Rs. 440/-

(b) 25,000 @4% (relating to sales of March.2010 and July 2010) (c) 10,000 @12.5%( March 2010 sales ) tax effect Rs. 1250/-

(d) 7,000 @4% ( Jan 2010.sales ) (e) CSTsales return12,000 @ 5%(May 2010) tax effect Rs. 600/-

(f) Purchase return22,000@5%(June 2010) tax effect Rs. 1100/-


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Here it may be noted that sales returns of Rs. 7,000 @4% isnot allowable as it is beyond 6 months.

8. Procedure to reflect the above described sales returns / purchasereturns transactions in VAT 100

I. Only sales return of Rs.25000 @4% [shown at (b) above] can beset off in the taxable sales and remaining sales may be declared at

Rs. 1,50,000 @4% ( 175000 less Rs. 25000 ). Sales return ofRs. 25,000 can be shown in box.2.1Tax collections (boxes 2.3 / 3.8) may be declared after deductingtax involved in sales returns-local / interstate.

II. The sales returns other than type (b) above can not fit into the return formfor Aug.2010. However, the tax liability of the dealer is required to be reduced.Tax effect on admissible sales returns to be shown in relevant boxes are asfollows:-

(i) Tax involved in sales returns (a) and (c) above being VAT Rs.1690 and tax in sales returns (e) of CST Rs. 600/- ie total Rs.2,290/-may be declared in box no. 4.6.1

(ii) Reversible input tax involved in Purchase returns (f) with taxeffect Rs. 1100/-may be declared in box.no. 4.6.2.

III. Please note that declaring of sales returns of type (a), (c) and (e) ofearlier period/s in the total turnover of August 2010 will add to the totalturnover of August 2010, which is not correct.

On entering the said details, the net tax payable will work out as follows:

Net Tax Payable Amount in

rupees

4.1 Output Tax Payable (Refer Box No.8.3) 34300

4.2 B/f credit of / excess payment made during previous month (Refer Box 4.10)

4.3 Input tax credit (Refer Box No. 11) 6400

4.4 Tax Payable [Box No.4.1-(Box No.4.2+Box No.4.3)] 27900

4.5 Tax deducted at source/Tax paid by SCA(Certificate/s Enclosed)

4.6 Tax already paid in the original return

4.6.1 Tax relating to Sales returns of previous 6 months / return of stock transfers, others 2290

4.6.2 Reversible input tax(non deductible input tax of previous purchases u/s. 14, 17, etc /

Purchases returns ,etc)

1100


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4.7 Balance Tax Payable (Box No.4.4-Box.No.4.5-Box.No.4.6-Box.No 4.6.1+Box.No 4.6.2) 26710

4.8 Adjustment of any excess credit towards KST/KTEG/KSTECG

4.9 Refund

4.10 Credit carried forward

4.11 Net Tax refund as per Inc. Notification

5.1 Tax Payable as per Box. No. 4.7 26710

5.2 Interest

5.3 Others

5.4 Total of Box No. 5.1 to Box No 5.3 26710

9. To enter details of purchase return /sales return/ variation inpurchase price/sale price ( credit note /debit note)

The details regarding credit notes / debit notes in relation to sales returns/, purchase returns /

variations in sale price, etc may be recorded in detail by entering the appropriate CR / DRnumbers, date, value, etc in the list of purchases / sales , as the case may be, and uploaded[ ie., e-fil ing of Purchases / Sales details ] in the website by choosing the appropriateoptions which are provided on the left side of the main menu as herebelow:-:

Fig 9 Main Menu ( please see 4 items on the left side above)

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Fig 10 Screen showing errors, if any

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Fig 11 Screen to confirm for SAVE

10. Next, select payment details option. If the return is saved but notsubmitted, then the system will allow you to enter payment details.

Fig 12 Entry screen for Payment details

11. Here select one of the modes of Payment - Cash, Cheque, DD, Challanor e-Payment. In case of Cheque, DD and Challan mode, the systemprompts you to enter the instrument number, date, and bank and amountdetails. In case of cash, you can enter the amount and save. In case of e-payment, the system would prompt you to enter the CTDs RRN for the e

payment already made. Based on this, system would verify the receipt of thee-payment and allow you to continue. Otherwise, you have to open the web-site https://vat.kar.nic.in/epay and make the payment and come back toCTD site for making necessary entries of payment details, challan, etc. Youare required to enter the MICR number of the Bank concerned.

12. Using the payment details option, you can enter multiple paymentinstrument details. Even this can be for combination of different paymentmodes also, like cash and cheque, cash and challan, cheque and e-payment,

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https://vat.kar.nic.in/epayhttps://vat.kar.nic.in/epay


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cash, cheque and e-payment and e-payment, DD, cheque and cash.

13. After entering the return and payment details, you have to click verifyand submit option to view the details and submit, that is to officially pass onthe return to the department. Here the system will verify for the paymentamount. If it is more than or equal to the demand/amount payable in therelated return, then it can be submitted, otherwise it can not be submitted.

Fig 13 screen for Submitting the return

14. After submitting the return, dealer can open the print return optionand take a print out of the return and also of e-challan, if the payment ismade through e-payment mode.

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Fig 14 Screen for Return Printing

15. In case the Dealer is making Cash or Cheque/DD/Challan payment he has tohand over the return reference number (RRN)/ along with the Cheque/DD/Challan

to the concerned LVO/VSO for verification. VAT 100/120 return will be treated asreceived only if the dealer furnishes RRN in case of Cash/Cheque/DD/Challan

payment. If the dealer has made the e-Payment for the return, copy of VAT100/120 need not be handed over to LVO/VSO and dealer may keep it for

his reference, if required.

16. At LVO/VSO, after receiving the RRN, the officer or his authorized officialwould open the web-site and verify the details of the return on the system withreference to RRN and payment details. Upon verification he/she wouldACCEPT, it.

17. The module will allow the dealer to file revised e-return within six

months from the end of the month to which it relates. However, it

will allow you to enter and submit only one revised return per day.

This facility should be used only if the original return is already

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submitted in e-VARADI module. System is not enabled to upload

revised e-returns for any tax period prior to July 2010. If a

revised return is required to be filed beyond 6 months from the

end of the month to which it relates, dealer has to submit paper

copy of such revised return along with payments ,if any, to the VAT

officer concerned.

VAT 120 Return:

The procedure for the VAT 120 is same as that for VAT 100, as explainedabove. The screens for data entry will be as follows.

Fig 15 Entry screen for return 120

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Fig 16 Screen for return printing

Entry Tax Return:

1.The procedure for entry tax return is same as that for VAT 100, asexplained above. The screens for data entry will be as follows.

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Fig 17 Screen for entering entry tax details.

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Fig 18 Screen for return printing.

2. Here also, provision is made to enter the details of purchase returns,re-exports which qualify for exemption as per the provisions of the KTEG Act,

1979. The excess tax credit, if any, will be automatically carried forward to thereturn of subsequent tax period.

3. If the form VAT 100 shows excess input tax, then it is / or a portion ofit is adjustable towards payment of entry tax. But this adjustment is possibleonly after the submission of the form VAT 100 which shows excess input taxadjustable. While submitting the form VAT 100, the amount of KTEG proposedto be adjusted should be shown in box no. 4.8 of the form VAT 100.

III. E-Submission of TDS Forms

The dealers have also been provided with the facility to enter the basic details ofTDS forms received from the TDS authority and submit into the system. Oncesubmitted, system generates the REF. NO. Thereafter, the dealer would visit theLVO/VSO with original TDS forms and the REF. NO. or copy of the ACK. so thatthe LVO/VSO would acknowledge the same on the system , which thereafter be

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accounted for in the dealers file.

The procedure is simple and the screens shown below will explain the steps ofkeying in the data:

Fig 19 - Screen to enter the TDS form details

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Fig 20 - Screen showing the ACK copy.

IV E-Submission of CST Receipt forms

Similarly, the dealers can also submit CST forms received from other statestowards inter-state sales/ stock transfers / deemed exports/ subsequentinterstate sales etc. The dealer would open the CST Receipt forms option andenter the details of CST forms issued by other party, including invoice details.Once entered, he can submit to generate the REF. NO. Thereafter, the dealercan visit the LVO/VSO along with the original statutory forms and REF. NO. orthe ACK. copy so that LVO/VSO would acknowledge the same on the system. Theprocedure is depicted in the screen below:

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Fig 21 - Entry screen for CST Forms Receipt details

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Fig 22 - Submission screen for CST Receipt forms

Fig 23 - Acknowledge Slip screen

Dealers may note:

The system generates the following different kinds of reference numbers in thee-filing of VAT/ COT /Entry Tax returns for different activities:

a. Return Reference Number (RRN) for Form VAT 100 ;

b. Return Reference Number (RRN) for Form VAT 105 ;

c. Return Reference Number (RRN) for Form VAT 120 ;

d. Return Reference Number (RRN) for Entry Tax return ;

e. Reference number for e-TDS forms submission; and

f. Reference number for e-CST forms submission.

On obtaining Reference numbers for submission of e-TDS forms ande-CST forms, the dealer would visit the VAT office concerned, file the physicalforms (TDS Certificates /CST forms) along with the Reference number. The VATofficer would then acknowledge the said forms.

V Making entries in Form VAT 105: While making entries in form VAT 105, for output tax &

input tax, it may be noted that:

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(a) In respect of sales, if the dealer has opted for payment of tax on medicines and othergoods on MRP and payment of tax on other goods on actual net sale price, enter suchrespective values in the columns of sale value and tax element of the appropriate box ; and

(b) If some of the purchases made by the dealer on which his selling dealer/s has/havecharged tax on MRP and on some of the purchases made by him on which his selling dealer

has/have charged tax on the actual sale price, then enter such respective values in the

columns of purchase value and tax element of the appropriate box.

( c ) In box no. 2.6.1 dealer may enter the aggregate of net sale price actually received asshown in figure 26.

(d) An example of the price structure for dealers opting for payment of tax on MRP valueon medicines and medical equipments would be as under:

Goods MRP value inclusive of

tax

(a)

Taxable value on MRP

basis

(b)

VAT payable on

values shown in

(b)

Medicines 1890 1800 90

Medical equipment 17325 16500 825

While entering the values of taxable turnover on MRP basis, the values as in (b) should be

adopted and not values shown in (a) above.

Fig 24: Entry screen for sales Form VAT 105

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Fig 25: Entry screen for purchases Form VAT 105

Fig 26: Entry screen for total turnover-Form VAT 105

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(d) Consider the following examples:

(i) Example 1. A medicine distributor doing business in medicines, medical equipments ,

toilet articles and confectionery who has opted for payment of tax on medicines and

medical equipments on MRP under Sec tion 4(4) of the KVAT Ac t, 2003 and has the following

transactions of purchases and sales within the State for a given tax period:-

Goods Purchased during a tax period say

Sept .2010

Value Rate of

tax

Purchase of medicine on which tax is charged onMRP.

Rs.7,55,000 5%

Purchase of medicine on which tax is charged on

actual price.

Rs.1,28,000 5%

Purchase of toilet articles on which tax is charged on

MRP.

Rs. 42,000 13.5%

Purchase of toilet articles on which tax is charged on

ac tual price.

Rs. 6,000 13.5%

Purchase of confectioneries on which tax is charged

on MRP.

Rs. 4,000 13.5%

Purchase of Medical equipments on which tax is

charged on MRP.

Rs.1,30,000 5%

Purchase of Medical equipments on which tax is

charged on actual price.

Rs. 26,000 5%

Purchase of feeding bottles on actual which tax is

charged on actual price.

Rs. 12,500 5%

Purchases Input Tax

Total Rs.11,03,500 Rs.59,595


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Goods Sold during the same tax period Value Rate of

tax

Sale of Medicine on which the dealer opted to pay

tax on MRP.

Rs. 9,56,000 5%

Sale of Medical equipments on which the dealer

opted to pay tax on MRP.

Rs. 1,86,500 5%

Sale of toilet articles on actual net sale price. Rs. 44,500 13.5%

Sale of confectioneries on actual net sale price. Rs. 3,700 13.5%

Sale of feeding bottles on actual net sale price. Rs. 13,200 5%

Sales Output Tax

Total Rs. 12,03,900 Rs. 64,293

The dealer would have to make the entries of purchase and sale values of the above

example as under:

In respect of Sales :

Box

no.

Taxable on

actual netsale price

Taxable

turnover

on MRP

basis

Box

no.

Tax on

Actual

sale price

Tax on

MRP

value

(1) (2)

6.3 Sale of goods

with rate of

tax of 5 %

13200 1142500 6.13 660 57125

6.4 Sale of goods

with rate of

tax of 13.5 %

48200 - 6.14 6507 -

Total output tax Rs. 64292

In respect of Purchases:


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Box

no.

At actual net

purchase

price

On MRP

basis

Box

no.

Tax on

Actual

purchase

price

Tax on

MRP

value

(1) (2)

9.3 Value of

purchases

at 5 % tax

166500 885000 9.16 8325 44250

9.4 Value of

purchases

at 13.5 % tax

6000 46000 9.17 810 6210

Total input tax Rs. 59595

In this case, net tax payable is output tax (Rs.64292/-) less input tax (Rs.59595/-)

= Rs. 4,697/-

(ii) Example 2: A retail trader in medicines and other goods who has not optedfor payment

of tax on MRP has effected the following transactions of purchases and sales within the state

during a tax period:

Goods Purchased during a tax period say

Sept.2010

Value Rate of

tax

Purchase of medicine on which tax has been

charged on MRP.

Rs.1,90,000 5%

Purchase of toilet articles, confectionery, on which

tax has been charged on MRP.

Rs. 20,000 13.5%

Purchase of Medical equipments, feeding bottles,

which tax has been charged on MRP.

Rs. 34,000 5%

Purchases Input Tax

Total Rs.2,44,000 Rs.13,900


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Goods Sold during the same tax period Value Rate of

tax

Sale of Medicine ,medical equipments, feeding

bottles

Rs. 2,08,000 5%

Sale of toilet articles ,confectionery Rs. 18,000 13.5%

Sales Tax

Total Rs. 2,16,000 Rs. 12,830

The dealer would have to make the entries of purchase and sale values of the above

example as under:

In respect of sales :

Box

no.

Taxable on

actual net

sale price

Taxable

turnover

on MRP

basis

Box

no.

Tax on

Actual

sale price

Tax on

MRP

value

(1) (2)

6.3 Sale of goods

with rate of

tax of 5 %

208000 6.13 10400

6.4 Sale of goods

with rate of

tax of 13.5 %

18000 6.14 2430

Total output tax Rs. 12830


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In respect of Purchases:

Box

no.

At actual net

sale price

On MRP

basis

Box

no.

Tax on

Actual

purchase

price

Tax on

MRP

value

(1) (2)

9.3 Value of

purchases

at 5 % tax

224000 9.16 11200

9.4 Value of

purchases

at 13.5 % tax

20000 9.17 2700

Total input tax Rs. 13,900

In this case, net tax payable is output tax ( Rs. 12830/-) less input tax (Rs. 13900/-) =

refund of Rs. 1,070/-

VI: Form VAT 120 for mechanized crushing units

Dealer has to enter the number of mechanized units of specified size

in the boxes provided as shown below:


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Fig 27-Form VAT 120-mechanised crushing units

VII. Instructions on entering details by works contractors in Form VAT 120.

Care should be taken by works contractors while entering details in Form VAT 120 in regard

to claiming deduction on payment made to sub-contractor/s:

(1) The dealer is eligible for deduction of payment made to sub-contract/s from total

consideration for computation of tax only if the said sub-contractor/s is / are also a

registered dealer/s under the provisions of KVAT Act, 2003 and that he (sub-contractor) has

included such amounts in the return filed by him as required by Sec tion 15(b) of the said

Act. The details of the TIN and value of subcontract amount payable / paid to such sub-

contractor may be entered in the relevant box no. 4.2 of the Form VAT 120. If there are

more than one sub-contractor, after entering the details of one sub-contractor, click on the

button Add and then enter the details of the next sub-contractor and repeat the process .

(2) Purchase made from URDs is taxable at the usual rates applicable to goods. This is

apart from value of consideration towards works contract. Values need to be entered in box

numbers 4.12 to 4.13.2 .Purchases taxable at different rates of tax need to be entered. In

respect of values to be entered in box no. 4.13.2, tax need to be calculated and entered

(keyed in) against the appropriate box.

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(3) Tax needs to be calculated in respect of values shown in box 4.11.2 and entered

against the appropriate box.

(4) If tax has been deducted at source, enter it in box no. 5.2 (Figure 30).

(5) Simultaneously upload the details of TDS by clicking on the option New Entry under

TDS Forms available on the main menu and submit TDS certificates physically to the

LVO/VSO concerned.

Fig 28: Works contractor- Entry screen for turnover details-Form VAT 120

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Fig 29: Works contractor- Entry screen for turnover detailsForm VAT 120

Fig 30: Works contractor-Entry screen for tax calculations-Form VAT 120

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VIII: In respect of all payment returns (Form 100/105/120), please follow theprocedure explained

Instructions at para nos. 10,11,12 and 13 of VAT 100 return to make

payments and submit the return.

IX: Guidelines to enter the values in respect of boxes meant for entering the purchase value

/sales value under the heading others:-

In respect of Form VAT 100 : In respect of values entered in Boxes relating to sales in 6.6,

purchases in box 6.9 , interstate sales in box 7.8, purchases in box no. 9.6.1 & 9.6.2, 9.7,

9.8.1&9.8.2, corresponding tax values are to be entered manually (key in) after calculating

the tax at the appropriate rate/s

Sales value Tax value Purchase value Tax value

6.6. 6.16 6.9 6.19

7.8 7.17 9.6.1 & 9.6.2 9.19

9.7 9.20

9.8.1 & 9.8.2 9.21

In respect of Form VAT105: In respect of values entered in Boxes relating to sales in 6.6,

purchases in box 6.9 , interstate sales in box 7.8, purchases in box no. 9.6 , 9.7.1 & 9.7.2 ,

9.8.1&9.8.2, corresponding tax values are to be entered manually (key in) after calculating

the tax at the appropriate rate/s

Sales value Tax value Purchase

value

Tax value

6.6. 6.16 6.9 6.19

7.8 7.17 9.6 9.19

9.7.1 & 9.7.2 9.20

9.8.1 & 9.8.2 9.21

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X: For Reports and Help

Dealers can view the status of reports, e-payments, etc. and know thestatus of returns, etc.

By clicking on Reports and help, the status of the following can be

viewed:

(i) e-Varadi entries

(ii) e-payment entries

(iii) e-TDS entries

(iv) e-CST receipts entries

(v) e-payments made (prior to preparation of e-return also)

(vi) Status of submissions /acknowledgements by VAT officer.

- E N D -

vat filing dates

Documents