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GOVERNMENT OF MADHYA PRADESH

COMMERCIAL TAXES DEPARTMENT

Mantralya,Vallabh Bhavan BHOPAL- 462004

 

:: NOTIFICATION ::

No. F-A3-29/2011/1/V (25) :

Bhopal, Dated 8-5-2012

In exercise of the powers conferred by Section 71 of the Madhya Pradesh Vat Act, 2002 (No. 20 of 2002), the State Government, hereby, makes the following amendments in the Madhya Pradesh Vat Rules, 2006, the same having been previously published as required by sub-section (1) of section 71 of the said Act, namely:-

AMENDMENTS

In the said rules:-

(i) in rule 54 -

(a)for sub-rule (1), the following sub-rule shall be substituted, namely:-

"(1) Every dealer required to furnish audit report under sub-section (2) of section 39 shall furnish the audit report prepared by a chartered accountant in Form 41-A, to the appropriate Commercial Tax Officer or any other officer authorised by the Commissioner in this behalf by 31st October of the succeeding year.

Provided that-

(i)a dealer having annual turnover of ten crore rupees or less may furnish the audit report prepared for the purpose of Income Tax. Separate details pertaining to the business done in the State of Madhya Pradesh shall be included in the audit report _

(ii)a dealer who is an industrial unit having annual turnover of ten crore

rupees or less may furnish the audit report prepared by a member of Institute of Cost and Works Accountants:

(iii)the audit report can be furnished up to 31st December of the succeeding year with a late fee of rupees 100/- per day.;

(b)sub-rule (2) shall be renumbered as sub-rule (3) and before the sub-rule (3) so renumbered, the following Sub-rule shall be inserted, namely.-

"(2) Notwithstanding anything to the contrary contained in sub-rule (1), a dealer having annual turnover of ten crore rupees or less and dealing in the goods as may be notified by the State Government, shall furnish the audit report in Form 41-A.";

(ii)after Form-41, the following Form-41-A shall be inserted, namely:-

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"FORM 41-A

[See Rule 54(1)]

Audit Report under sub-section (2) of section 39 of the Madhya Pradesh Vat Act, 2002

1.I/we have examined the books of accounts and/or records maintained by M/s………………… (Name and address of dealer) holding TIN…………………….. in the state of Madhya Pradesh, relating to purchase, sales and socks in pursuance of the provisions of sub-section (2) of section 39 of the Madhya Pradesh Vat Act, 2002 for the year/period ended on 31st March.

The above books of accounts and / or records are the responsibility of the dealer's management. Our responsibility is to express an opinion on these records based on our audit.

We conducted our audit in accordance with the auditing standards generally accepted in India as prescribed by the Institute of Chartered Accountants of India. Those standards require that we plan and perform the audit to obtain reasonable assurance whether the records are free of material misstatement(s). An audit Includes examining on a test basis, evidence supporting the amounts and disclosure in the books of accounts and / or records. An audit also includes assessing the accounting principles used and significant estimates made by the management, as well as evaluating the overall presentation of books of accounts and / or records. We believe that our audit provides a reasonable basis for our opinion.

2.I/We report the following observations / comments /discrepancies / inconsistencies, if any :-

………………………………………………………………………….

3.We report that Subject to para 2 above

(a)We have obtained all the information and explanations, which to the best of our knowledge and belief, were necessary for the purpose of our audit,

(b)In our opinion, proper books of accounts and / or records have been kept by the dealer so for as appears from our examination of the books of accounts and / or records,

(c)In my/our opinion the books of accounts and / or records relating to the Purchase, Sales and Stocks have been maintained as per the Accounting Standards issued by the Institute of Chartered Accounts of India, to the extent applicable.

4.The statement of particulars required to be furnished u/s 39(2) of the Madhya Pradesh Vat Act, 2002 read with Rule 54 of the Madhya Pradesh VAT Rules, 2006, is annexed herewith in Form -B.

5.In our opinion and to the best of our information and according to the explanations given to us, the particulars given in the said form B are true and correct.

 

For ……………………..

 

Chartered Accountants

Place ………………

Name

Date ………………..

Proprietor/Partner

 

Membership No.

* Strike out whichever is not applicable.

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FORM -B

STATEMENT OF PARTICULARS

PART-I

GENERAL INFORMATION

1.Name of the dealer

2.Address of the principal place of business

 

(with phone, Fax, E-mail etc)

3.

Name and Address (es)

(within the

 

state of Madhya Pradesh) of-

 

Branch(es)

 

 

Godown(s)

 

 

Manufacturing units

 

4.

Name and Address (es)

(outside the

 

state of Madhya Pradesh) of-

 

Branch(es)

 

 

Godown(s)

 

 

Manufacturing units

 

5.Taxpayer Identification No. (TIN)

6.Other Identification(s)

(a)Income Tax PAN

(b)Central Excise Registration No.

(c)Service Tax Registration No.

(d)SSI No.

(e)Importer Exporter Code No.

7.Status of the dealer [such as Proprietary/partnership/ company) others-specify]

8.Change in the constitution of business during the year (if any)

9.Indicate name and residential address of proprietor, partners, directors and their share of interest (as on the last date of the financial year)

10Period under Audit (Financial year)

11Nature of business - Trader / Manufacturer / Importer / Exporter / Works Contractor / Leasing / Other (specify)

12Details of change in the nature of business during the year (if any)

13(a) List of books of accounts maintained (in case books of accounts maintained in computer system, mention the books of accounts - generated by such

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system)

(b) List of books of accounts examined

14(a) Method of accounting

(b)Whether there has been any change in the method of accounting vis-a- vis the method employed in the immediately preceding year.

15(a) Method of valuation of closing stock employed in the previous year.

(b)Whether there has been any change in the method of valuation of

Closing Stock vis-a-vis the method employed in the immediately preceding year.

16 Particulars of Bank Account(s)

Name of Bank

Branch

Account No.

Type of Account

17.Account of statutory forms obtained from the Department

 

 

 

 

 

 

Forms used

Whether

 

 

Obtained

 

 

 

during the

amount

 

 

 

 

 

 

year

as per

Name

Opening

during

 

Cancelled

 

 

Total

Closing

 

 

column

of the

Balance

the year

*(give

Balance

 

 

(8)

Form

(In

 

detail)

 

Amount

 

 

 

No.

included

 

 

Nos.)

 

 

 

 

(Rs.)

in

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

purchase

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

49

 

 

 

 

 

 

 

 

31

 

 

 

 

 

 

 

 

31-A

 

 

 

 

 

 

 

 

32

 

 

 

 

 

 

 

 

C

 

 

 

 

 

 

 

 

F

 

 

 

 

 

 

 

 

H

 

 

 

 

 

 

 

 

E1

 

 

 

 

 

 

 

 

E2

 

 

 

 

 

 

 

 

other

 

 

 

 

 

 

 

 

*Give the book no. and serial no. of cancelled forms

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18

Details of the Goods dealt with

 

 

 

 

Name of goods

 

Schedule &

Rate

HSN Code (where

 

 

 

Entry no.

of tax

applicable)

(1) Goods manufactured and sold

 

 

 

 

(2)

Goods purchased and sold

 

 

 

 

(3)

Goods excavated and sold

 

 

 

 

19.Whether sales invoices are issued in accordance with the provisions of Madhya Pradesh Vat Act, 2002 & Rules made thereunder

20.Other information, if any (specify)

PART - II

FOR MANUFACTURING ACTIVITY ONLY

A.Particulars of Stock

S. No

Particular

Opening Stock

Closing Stock

(1)

(2)

(3)

(4)

(i)Stock Other than finished goods

(ii) Goods

return

from Opening Stock (if

any)

 

(iii)Net amount of stock [(i) (3)-(ii)(3)]

B. Particulars of Gross Purchase / Receipts of all goods other than finished goods and return of such goods.

S.No

Particular

Purchase/

Returned-

Net

 

 

Receipts

Purchase/

(3) - (4)

 

 

 

Receipts

 

1

2

3

4

5

B-1

Purchase / receipts

 

 

 

(i)Tax free goods

(ii)Tax paid goods (goods specified in part III of Schedule-II

(iii)Tax paid goods on which tax has been paid on the basis of weight, volume, measurement or unit

(iv)Schedule-II goods purchased from a registered dealer opting for composition u/s 11

(v)Schedule-II goods purchased from unregistered dealers

(vi)Inter-State Purchase

(vii)Inter-State stock transfer / receipts

(viii)Import from outside the Country

(ix)Balance Schedule-II goods

(x)Others

(xi) Total [(i) to (x)]

B-2 Direct Expenses

(specify each expense)

(i)Freight & Cartage

(li)

Custom duty, clearing

 

and forwarding

 

Expenses

(Iii)

Central Excise (if not

 

included in purchase /

 

receipts)

(iv)Commission on Purchase

(v)

Insurance

( vi)

Local taxes

(vii)Others (specify)

(viii)Total (i) to (vii)

(ix)Manufacturing Expenses

(x)Total (viii) to (ix)

C.Total {A (iii)+B-1 (xi)(5)+B-2(x)(5)}

D.Cost of goods manufactured during the year [C(5) - A(4)]

TRADING RESULTS OF MANUFACTURED GOODS

(In Rs.)

S.

Particulars

Opening

Closing

Amount

No.

 

Stock

Stock

 

(1)

(2)

(3)

(4)

(5)

E

Stock of Finished goods (Manufactured)

 

 

 

(i)

Sales return during the year

 

 

 

(ii)

Net Amount of Stock [E(3) +E(i)(3)]

 

 

 

F

Cost of goods manufactured (D(5))

 

 

 

G

Cost of goods meant for sale [(E(ii)(3)+F(5)-E(4)]

 

 

 

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S.

 

Particulars

Sales/Stock

Return of

Net (3)- (4)

No.

 

 

Transfer

Sales/Stock

 

 

 

 

 

Transfer

 

(1)

 

(2)

(3)

(4)

(5)

H

Gross

Sale/stock

 

 

 

transfer of finished

 

 

 

goods,

bye-products

 

 

 

waste

products

and

 

 

 

return of sale / transfer

 

 

 

of such goods

 

 

 

I

Deductions

 

 

 

(i)Sates of tax free goods

(ii)Sales u/s 36(1)(iv) to units located in Special Economic Zone

(iii)Value of goods on

which tax is leviable on the basis of weight, volume, measurement or unit

(iv)Amount of VAT included in G.T.O,

INTER STATE SALES

(v)Sales of tax free goods

(vi)Sales u/s 8(6) to units

located in Special Economic Zone against declaration Form "I"

(vii)Inter-State stock transfer supported by declaration Form "F"

(viii)Sales at concessional rate against declaration Form "C"

(ix)Sales at full rate

(x)Sales u/s 8(5) against declaration Form "C''

(xi)Sales against declaration Form "C" but Forms not received

(xii)Sales u/s 8(5) against declaration form "C" but Forms not received

(xiii)Sales u/s 8(6) to units located in Special Economic Zone against declaration Form "I" but Forms not received

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(xiv)Direct Export / Deemed Export not supported by necessary proof

(xv)Inter-state stock transfer not supported by declaration Form "F"

EXPORT SALES

(xvi)Deemed export supported by Form H

(xvii)Direct Exports supported by necessary proof

(xviii)Total Deductions [(i) to

(xvii)]

JTaxable Turnover [H(5) - I(xviii)(5)]

K Gross Profit [H(5) -

G(5)]

L

Rate of Tax

Computation of VAT

Remark

 

 

Taxable

VAT

 

 

 

Turnover J(5)

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

M

Rate of Tax

Computation of Purchase Tax

Remark

 

 

Purchase

Purchase Tax

 

 

 

Price

 

 

Total

NComputation of VAT by weight. volume, measurement or unit on certain goods

 

 

Description of

 

Rate of Tax

Quantity/

Turnover

Tax

 

 

goods

 

 

 

 

volume/

goods

 

 

 

 

 

 

 

 

measurement/

 

 

 

 

 

 

 

 

 

Unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

O

 

 

 

Computation of Central Tax Act

 

 

 

Rate of Tax

Turnover

Central

 

Remark

 

 

 

 

 

as per I

Sales Tax

 

 

 

 

 

 

(viii) to I

 

 

 

 

 

 

 

 

 

(xv)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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P.

Computation of Entry Tax

(i)Total Purchase value of goods (including expenses) {B-1 (xi)(5)+B-2(viii)(5)}

(ii)Total Market value of goods acquired or obtained otherwise than by way of purchase

(iii)Total ( i+ii )

Q. Deduction

(i)Purchase/market value of local goods

(ii)Purchase /market value of goods specified in schedule I

(iii)Purchase/market value of goods exempted from entry tax under section 10

(iv)Purchase value of goods specified in schedule II, other than local goods Purchased from a registered dealer on which tax is paid or payable by the selling registered dealer

(v)Purchase /market value of goods specified in schedule II. other than local goods and the goods purchased from a registered dealer on which entry tax is paid or payable by the selling registered dealer, which after entry into a local area

(a)are- sold outside the State

(b)are sold in the course of inter-State trade or

commerce

(c)are sold in the course of export out of territory of India

(vi)Purchase /market value of goods specified in schedule- III

entered for resale

(vii)Purchase /market value of goods specified In schedule- III entered for consumption or use but disposed of in any other manner

(viii)Purchase / market value of goods on which tax is payable under section 4-A

(ix)any other deduction (specify details)

(x)Total (i to ix)

Taxable quantum on which entry tax is payable u/s 3

(1) {P (iii) - Q (x))

R

Breakup of taxable quantum and entry tax payable

 

S. No.

Description of

Taxable

Rate of tax

Amount of tax

 

goods/code

quantum

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

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S

Entry tax payable u/s 4-A

(i)

purchase /market value of goods on which tax is payable

 

 

under sub-section (1)

 

 

** purchase value of goods on

 

 

 

 

(ii)

Which tax is payable under proviso to sub-section (1)

 

(iii)

Total (i+ii)

 

** Rate of tax for this taxable quantum shall be the difference of rate notified under section 4-A and the rate at which tax is paid under section 3 at the time of purchase.

TComposition money payable by manufacturer opting for composition under section 7-A

(i)Gross turnover of local goods

(ii)Deduct-

(a)Sales outside the state

(b)Sales in the course of interstate trade or commerce

(c)Sales in the course of export out of territory of India

Total (ii)

(iii)Sales within Madhya Pradesh (i-ii)

(iv)Sales likely a have taken place In the same local area in respect of which goods are local goods

(v)Sale price of local goods in respect of which composition money is payable (iii-iv)

(vi)Composition money payable

U.Set off

Purchase value of goods

Rate at which

 

Rate at

 

Difference of

Amount

on which tax is paid at

tax is paid

 

which tax is

 

rate claimed

of setoff

 

full rate

 

 

payable

 

as setoff

 

 

 

 

 

 

 

 

(2-3)

 

 

(1)

(2)

 

(3)

 

(4)

(5)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

PART-III

 

 

 

 

FOR TRADING / CONSIGNMENT SALE ONLY

(In Rs.)

 

 

 

 

 

 

 

 

 

S.

Particulars

 

Opening Stock

Closing Stock

No.

 

 

 

 

 

 

 

 

 

(1)

 

(2)

 

 

(3)

 

 

(4)

A.

Stock

 

 

 

 

 

 

 

 

(i)

Goods return from Opening Stock (if

 

 

 

 

 

 

any)

 

 

 

 

 

 

 

 

(ii)

Net amount of Stock [A(3)- A(i) (3)]

 

 

 

 

 

 

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S.

Particulars

Purchase/Receipts

Purchase/Receipts

Net

No.

 

 

returned

(3-4)

(1)

(2)

(3)

(4)

(5)

BGross Purchase / Receipts of all goods and return of such goods.

Purchase with In the State :-

(i)Tax free goods

(ii)Tax paid goods

(goods specified in part III of Schedule-II)

(iii)Tax paid goods on which tax has been paid on the basis of weight, volume, measurement or unit

(iv)Schedule-II goods purchase

from a registered dealer opting for composition u/s 11

(v)Schedule-II goods from unregistered dealers

(vi)Schedule-II goods other than (ii), (iii), (iv) and (v)

(vii)Purchase inter-State

(viii)Inter-State stock

transfer/receipts

(ix)Import - from outside the Country

(x)Others

(xi)Total [i to x]

CDirect expenses (specify each expenses)

(i)Freight & Cartage

(ii)Custom duty, clearing and forwarding expenses

(iii)Central Excise (if not included in purchase / receipts)

(iv)Commission on purchase

(v)Insurance

(vi)Local taxes

(vii)Others (specify)

(viii)Total (i) to (vii)

DTotal {A(ii)(3)+B(xi)(5)+C(viii)( 5)}

ECost of goods meant for sale [D(5) - A(4)]

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S.

Particulars

Sale/Stock

Sale/Stock

Net (3-4)

No.

 

Transfer

Transfer

 

 

 

 

return

 

(1)

(2)

(3)

(4)

(5)

FGross sale / stock transfer of all goods and sale/ transfer return of such goods

GLess Deductions

(i)Sales of tax free goods

(ii)Sales of tax paid goods

(iii)Value of goods on which tax is leviable on the basis of weight, volume, measurement or unit

(iv)Sales u/s 36(1 )(iv) to units located in Special Economic Zone

(v)Amount of VAT included in G.T.O.

(vi)Any other deduction (specify details)

INTER STATE SALES

(vii) Sales of tax free goods

(viii)Subsequent Sales u/s 3(1 )(b) supported by necessary declaration / certificate

(ix)Inter-State stock transfer supported by declaration form "F"

(x)Sales u/s 8(6) to units located in Special Economic Zone against declaration Form "I"

(xi)Sales of tax paid goods ( goods specified in Part III of Schedule II of the Vat Act) against C-form

(xii)Sales at concessional rate against declaration Form "C"

(xiii)Sales at full rate

(xiv)Sales u/s 8(5) against declaration Form "C"

(xv)Sales against declaration Form "C" but Forms not received

(xvi)Subsequent Sales u/s 3(1 )(b) not supported by necessary declaration / certificate

(xvii)Sales u/s 8(5) against declaration form "C" but declaration form not received

(xviii Sales u/s 8(6) to units located in Special Economic Zone against declaration Form "I" but declaration Forms not received

(xix)Direct Export/ Deemed Export not supported by necessary proof

(xx)Inter-state stock transfer not supported by declaration form "F

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EXPORT SALES

(xxi)Deemed export supported by Form H

(xxii)Direct Exports outside the country supported by necessary proof

(xxiii

Total Deduction [(i) to

(xxii)]

H

Taxable Turnover [F(5)

- G (xxiii)(5)]

IGross Profit [F(5)-E(5)]

J

 

Computation of VAT

 

 

Rate of Tax

Taxable

 

Tax

 

Remark

 

 

Turnover

 

 

 

 

 

 

[H(5)]

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

K

 

Computation of Purchase Tax

 

 

Rate of Tax

Purchase

Purchase Tax

Remark

 

 

Price

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

L

Computation of VAT by weight, volume, measurement or unit on certain goods

 

Description of

Rate of Tax

 

 

Quantity/

Turnover of

 

Tax

 

goods

 

 

 

volume/

goods

 

 

 

 

 

 

measurement /

 

 

 

 

 

 

 

 

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

M

 

Computation of Central Sales Tax

 

 

Rate of Tax

Turnover as per

 

Central

 

Remark

 

 

 

G(xii) to G(xx)

 

Sales Tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

N.

Computation of Entry Tax

 

 

 

(i)Total Purchase value of goods (including expenses)

(ii)Total Market value of goods acquired or obtained otherwise than by way of purchase

(iii)Total (i+ii)

O. Deductions

(i)Purchase/market value of local goods

(ii)Purchase /market value of goods specified in schedule I

(iii)Purchase/market value of goods exempted from entry tax under section 10

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(iv)Purchase value of goods specified in schedule II other than local goods, purchased from a registered dealer on which entry tax is paid or payable by the selling registered dealer

(v)Purchase /market value of goods specified in schedule II. other than local goods and the goods purchased from a registered dealer on which entry tax Is paid or payable by the selling registered dealer, which after entry into a local area –

(a)are sold outside the State

(b)are sold in the course of Inter-State trade or commerce

(c)are sold in the course of export out of territory of India

(vi)Purchase /market value of goods specified in schedule-III entered for resale

(vii)Purchase /market value of goods specified in schedule-III- entered for

consumption or use but disposed of in any other manner

(viii)any other deduction (specify details)

(ix)Total (i) to (viii)

PTaxable quantum on which entry tax is payable [N (iii)(3) - O(ix)(3)]

Q

Breakup of taxable quantum and entry tax payable u/s 3(1)

 

 

S.

Description of

 

Taxable

 

Rate of tax

 

Amount of tax

No.

goods/code

 

quantum

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

PART-IV

 

 

 

STATEMENT OF REVERSAL OF INPUT TAX REBATE

S.

Name of

*Total value of

Corresponding Rate

Amount of

 

No.

goods

otherwise disposal

purchase price

reversal of ITR

 

 

 

of goods

 

 

 

claimed

TOTAL

* The value of goods disposed of otherwise than by way of sale within the State of Madhya Pradesh or in the course of inter-state trade or commerce or in the course of export out of the territory of India to be shown.

PART- V

STATEMENT OF TRANSFER OF RIGHT TO USE GOODS

S. No.

Description of

Receipts of

Rate of Tax

Tax

 

goods

lease rentals

 

 

 

 

 

 

 

 

Total

 

 

 

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PART - VI

VAT LIABILITY ON MISCELLANEOUS SALES

S.

Name of goods

Date of

 

Purchase

 

Sale

 

Rate

Tax

 

Remark

No.

 

 

purchase

 

Value

 

Value

 

of

 

 

 

 

 

 

 

 

 

 

 

 

Tax

 

 

 

(i)

Plant

&

 

 

 

 

 

 

 

 

 

 

 

Machinery

 

 

 

 

 

 

 

 

 

 

 

(ii)

Motor Vehicle

 

 

 

 

 

 

 

 

 

 

(iii)

DEPB

 

 

 

 

 

 

 

 

 

 

 

(iv)

Others

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PART - VII

 

 

 

 

 

 

 

 

Contractor/Sub-contractor Works Contract

 

 

 

S.

 

Particular

 

 

 

Opening Stock

Closing Stock

No.

 

 

 

 

 

 

 

 

 

 

 

 

(1)

 

(2)

 

 

 

 

(3)

 

(4)

A.Stock

(i)

Goods returned from Opening Stock (If

 

 

 

 

 

any)

 

 

 

 

(ii)

Net amount of Stock [A (3)-A (i)(3)]

 

 

 

 

 

 

 

 

 

S.

Particular

Purchase /

Purchase/

Net (3-4)

No.

Receipts

Receipts

 

 

 

 

 

returned

 

 

(1)

(2)

(3)

(4)

(5)

 

B.Gross Purchase / Receipts of all goods and return of such goods.

Purchases :- Tax free goods

Tax paid goods (goods specified in part III of Schedule-II)

Tax paid goods on which tax has been paid on the basis of weight, volume, measurement or unit Schedule-II goods from a registered dealer opting for composition u/s 11 or unregistered dealers

Schedule-II goods other than (ii)] (iii) and (iv)

Inter-State

Inter-State stock transfer/receipts Import from outside the Country Others

Total (i) to (ix)

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C.Direct expenses (specify each expenses)

(i)Freight & cartage

(ii)Custom duty, clearing and forwarding expenses

(iii)Central Excise (if not included in purchase/ receipts)

(iv)Commission on purchase

(V)Insurance

(vr)

Local Taxes

(VII)

Others (specify)

(viii)

Total (i) to (vii)

D.Total {A(ii)(3)+B(x)(5)+C(viii)(5)}

E.Cost of goods used in or for works contract [D(5)-A(4)]

S.No.

Particulars

Amount Rs.

(1)

(2)

(3)

F GROSS SALE / DISPATCHES

 

ITotal Number of Works Contracts executed in part or full during the year

II Total receipts up to the year.

III Total receipts during the year.

IV Total amount on which contractor or sub-contractor is not liable to pay tax in accordance with the provision of sec 7(1)(b)

VTotal amount for which composition u/s 11 A has been opted.

VI Total (IV+V)

VII Balance (III-VI)

VIII Expenses incurred for the execution of the works contracts (other than expenses forming part of the sale price)

(a)Labour charges for execution of works contract,

(b)among paid to sub-contractor for labour and services,

(c)Charges for planning, designing and architect's fees.

(d)Charges for obtaining on hire or otherwise machinery and tools used in the execution of the works contract.

(e)cost of consumables such as water electricity fuel etc. used in the execution of the work contract the property in which is no transferred in the course of execution of works contract,

(f)cost of the establishment of the contractor which is relatable to supply of labour and services

(g)other similar expenses relatable to supply of labour and services

(h)tax paid good on which tax has been paid on the basis of weight, volume, measurement or unit

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(i)supplies in the course of inter-state trade or commerce

(j)Profit earned by the contractor to the extent it is relatable to supply of labour and services (Give Calculation).

(k)Any other deduction (specify)

IX

Total (a) to (k)

XValue of goods on which tax is leviable on the basis of weight, volume, measurement or unit

XI

Taxable Turnover {VII-(IX+X)}

 

 

 

 

 

 

XII

 

Computation of VAT

 

 

Rate of Tax

 

Taxable turnover

Tax

 

 

 

 

 

XIII

TOTAL

 

 

 

XIV

Computation of VAT by weight, volume, measurement or unit on certain

 

goods

 

 

 

 

 

 

 

 

 

 

Description

 

Rate of

Quantity/volume

 

Turnover of

Tax

 

of goods

 

Tax

/ measurement /

 

goods

 

 

 

 

 

 

 

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

XV

Amount of tax : deducted at source (Certificate enclosed)

 

G. Statement of Works Contract(s) for which composition has been opted

 

G-1. Details of Works Contract(s) under Composition:

 

Description of

Duration of

 

Composition

 

 

Rate of

 

Contract

the works

 

contract

 

order No. and

 

composition

 

Amount

contract

 

 

 

 

date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

G-2. Calculation of lump sum amount by way of composition amount

I.Total payments received up to the year.

II.Total payments received during the year

III.

Calculation of lump sum amount by way of

 

composition

 

 

 

Rate of composition

Receipts

Composition

 

 

 

Amount

 

 

 

 

IV

TOTAL

 

 

V

Whether all returns have been filed within time

 

H.Computation of Entry Tax

(i)

Total Purchase value of goods (including expenses) {B(x)(5)+C(viii)(5)}

 

(ii)

Total Market value of goods acquired or obtained otherwise than by way of

 

 

purchase

 

(iii

Total (i)+(ii)

 

 

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I.Deductions-

(i)Purchase / market value of local goods

(ii)Purchase/ market value of goods specified in schedule I

(iii Purchase/market value of goods exempted from entry tax under section 10

(iv) Purchase value of goods specified in schedule II, other than local goods, purchased from a registered dealer on which entry tax is paid or payable by the selling registered dealer

(v)Purchase /market value of goods specified in schedule II. other than local goods and the goods purchased from a registered dealer on which entry tax is paid or payable by the selling registered dealer, which have been supplied in the course of execution of a works contract in respect of which permission to pay a lump sum by way of composition u/s 11-A of the MP Vat Act, 2002 has been granted.

(vi) Purchase/market value of goods on which tax is payable under section 4-A

(vii any other deduction (specify details)

(vii Total (i) to (vii)

Taxable quantum on which entry tax is payable u/s 3 (1) {H{iii)(3) - l(viii)(3))

J.Breakup of taxable quantum and entry tax payable

S

Description

of

Taxable

Rate of

Amount of lax

No.

goods/code

 

quantum

tax

 

 

 

 

 

 

 

 

Total

 

 

 

 

K.Entry tax payable u/s 4-A

(i)purchase/market value of goods on which tax is payable under sub-section (1)

**(ii)

purchase value of goods on which tax is payable under proviso to

 

sub-section (1)

(iii)

Total (i+ii)

**Rate of tax for this taxable quantum shall be the difference of rate notified under section 4-A and the rate at which tax is paid under section 3 at the time of purchase.

PART - VIII

STATEMENT OF INPUT TAX REBATE

S.

Name

Total

Purchase

Net

Rate

Amount of ITR claimed

No.

of the

Purchase

return

Purchase

of

 

 

 

 

At

 

At

Total

 

goods

Amount

 

(3-4)

Tax

full

 

reduced

 

 

 

 

 

 

 

rate

 

rate (full

 

 

 

 

 

 

 

 

 

rate-4%)*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

* Give

reason for reduced rate.

 

 

 

 

 

 

 

 

 

 

 

 

 

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PART -IX

A.Amount payable under Section 9-C.

(a)) Tax payable under sub-section (1) of Section 9-C. 1. Freight

2. Freight relating to rebate notionally admissible u/s 9-C (4)(d)

3.Taxable freight (1-2)

4.Tax payable @ ……………….

(b) Amount payable under clause (e) of sub-section (4) of Section 9-C.

1.Amount deducted u/s 9-C (4)(a)

2.Amount equal to rebate notionally admissible u/s 9- C(4)(d)

3.Amount payable (1-2)

(c) Total amount payable ((a)+(b))

B.Amount payable under sub-section (5) of Section 26-A. 1. Amount deducted u/s 26-A(1)

2. Amount equal to rebate notionally admissible u/s 26-A

(7)

3. Amount payable (1-2)

C Total amount payable (A+B)

PART - X

1. BENEFITS AVAILED UNDER EXEMPTION / DEFERMENT SCHEMES:-

A.Benefits availed under Exemption / Deferment Schemes :-

1.Name of the Scheme

2.Eligibility Certificates Number and Date

3.

Validity of the Eligibility Certificate

From

to

4.Total Eligibility Amount as per Certificate

5.Total of Cumulative Quantum of Tax benefit availed up to the end of preceding year

6.Benefits availed during the current year

7.Total of Cumulative Quantum of Tax benefit availed up to the end of the current year (5+6)

8.Balance of Eligible Amount at the end of the current year (4-7)

B. DETAILS OF DEFERRED TAX

Assessment

Year in

Deferred

Deferred

Deferred tax

Balance

Year

which

tax

tax

deposited

amount due

 

deferred tax

amount

amount

Related

Amount

for payment

 

due for

 

due for

to the

 

at the end of

 

payment

 

payment

year

 

the year

 

 

 

 

 

 

(4-6)

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

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TOTAL

PART -XI

Miscellaneous Information:

(a)Specify reasons for differences In taxable sales / purchases, tax liability and input tax rebate as per books and as disclosed in return(s), if any.

(b)Whether there is delay in payment of tax? if yes, please give particulars:

S.

Period

Due Date

Date of

Amount

Delay

Interest

No.

 

 

payment

 

 

Payable

 

 

 

 

 

 

 

(c)Whether there is delay in filing of returns, if yes, give particulars:

S.

Period of Return

Due Date

Date of

Delay

Reasons

No.

 

 

Filling

 

if any

 

 

 

 

 

 

(d)Details of sales

((Dealer wise safes within the State exceeding rupees 25,000/- in the year of goods specified in Schedule II))

S.

Name of Dealer

TIN

Total sales

Amount

 

No.

 

 

net of VAT

of VAT

 

 

 

 

 

 

 

 

(e)

Details of purchases

 

 

 

 

 

 

(Dealer wise purchases within the State exceeding rupees 25000/- in the

 

year of Goods specified in Schedule II))

 

 

 

 

S.

Name of Dealer

TIN

Total

Amount

 

No.

 

 

Purchase net

of VAT

 

 

 

 

of VAT

 

 

 

 

 

 

 

 

 

 

(f)

Summary of Sales to industrial units located in Special Economic Zone in

Madhya Pradesh

 

 

 

S.

Name and Address of the

TIN

Declaration

Amount of

No.

Purchaser

 

Form No. (if

Declaration

 

 

 

any)

Form

 

 

 

 

 

 

 

 

 

 

(g)Summary of direct Export

S.

Name and Address of the

Bill of lading No. and

Amount

No.

Purchaser

date

 

 

 

 

 

 

 

 

TOTAL

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(h) Summary of Sales in the course of Export against Form H :

S.

Name and Address of the

TIN

"H" Form No.

Amount of

No.

Purchaser

 

 

 

"H" Form

 

 

 

 

 

 

 

 

 

TOTAL

 

 

(i)

Summary of inter-state sales liable to tax under Section 8(1)

of the Central

 

Sales Tax Act, 1956 against Form 'C':

 

 

 

S.

Name and Address of the

TIN

"C" Form No.

 

Amount of "C"

No.

Purchaser

 

 

 

Form

 

 

 

 

 

 

 

 

 

TOTAL

 

 

(j)Summary of inter -state sales claimed as exempt under section 6(2) of the Central Sales Tax Act, 1956 supported with declarations / certificate:

(A) SALES:

S.

Name and Address of the

TIN

"C" Form No.

Amount of "C"

No.

Purchaser

 

 

Form

 

 

 

 

 

 

 

 

TOTAL

 

 

(B) PURCHASES:

 

 

 

S.

Name and Address of the

TIN

Certificate

Amount of

No.

Seller

 

'E1/'E2' No.

'E1/'E2' Form

 

 

 

 

 

 

 

 

TOTAL

 

( k) Summary of inter-state Branch transfers/consignment sales supported with declaration In Form 'F':

S.

Name and Address of the

TIN

"F" Form No.

Amount of "F"

No.

Consignee

 

 

Form

 

 

 

 

 

 

 

 

TOTAL

 

(l)Summary of inter-state sales claimed as exempt u/s 8(5) of the Central Sales Tax Act 1956 supported with declaration Form 'C' .

S.

Name and Address of the

TIN

"C" Form No.

Amount of "C"

No.

Purchaser

 

 

Form

 

 

 

 

 

 

 

 

TOTAL

 

(m)Summary of inter-state sales claimed as exempt u/s 8(6) of the Central Sales Tax Act, 1956 supported by Form-I :

S.

Name and Address of the

TIN

"I" Form No.

Amount of "I"

No.

Purchaser

 

 

Form

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

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* In (f) to (m) details of declarations and certificates being submitted along with the audit report, are to be furnished.

PART - XII

COMPUTATION OF VAT

S.

Particulars

Amount

No.

 

 

(1)

(2)

(3)

A

TOTAL LIABILITIES

 

1.MANUFACTURER

(i)VAT

(ii)VAT by weight, volume, measurement or unit

(iii)Purchase Tax

2.TRADER

(i)VAT

(ii)VAT by weight, volume, measurement or unit

(iii)Purchase Tax

3.Reversal of Input tax rebate

4.Tax on transfer of Right to Use Goods

5.VAT on Miscellaneous Sales

6.Works Contractor

1.VAT

2.VAT by weight, volume, measurement or unit

3.Lump sum payable for composition

7.Tax/amount payable u/s 9-C and/or 26-A

8.Total Liabilities (1 to 7)

B.Interest & Penalties

1.Interest u/s 18

2.Penalty u/s 18

3.Total (1+2)

C.TAX CREDITS

A.Excess Input Tax Rebate carried forward from previous year, if any

B.Input Tax Rebate

(i)Rebate adjustment against CST

(ii)Rebate adjustment against VAT

C.VAT paid

D.Tax deducted at source

E.Other Credits (specify)

F.Total Tax. Credits (1 to 5)

D.VAT payable / refundable / carried to next year [(A(8)(3) + B(3)(3) - C(6)(3)]

COMPUTATION OF CST

S. No.

Particulars

Amount Rs.

(1)

(2)

(3)

E.

Total CST payable

 

F.

Interest & Penalties

 

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1.

Interest u/s 18

 

 

 

 

 

2.

Penalty u/s 18

 

 

 

 

 

3.

Total [1 + 2]

 

 

 

 

 

G.

Total [E + F(3)]

 

 

 

 

 

H.

Input Tax Rebate adjustment in CST (C(2)(i)]

 

 

 

 

I.

CST deposited

 

 

 

 

 

J.

Total (H + I)

 

 

 

 

 

K.

Balance CST payable I refundable (G - J)

 

 

 

 

L.

DETAILS OF REFUNDS RECEIVED

 

 

 

 

 

 

 

 

 

S.

Particulars

Amount

Refund

Balance

No.

 

Due

received

outstanding

1.

 

 

 

 

 

 

2.

 

 

 

 

 

 

3.Unadjusted excess tax

4.Credit brought forward

 

COMPUTATION OF ENTRY TAX

 

S.

Particulars

Amount Rs.

No.

 

 

A

TOTAL LIABILITIES

 

1.MANUFACTURER

(i)Entry tax payable u/s 3 (1)

(ii)Entry tax payable u/s 4-A

(iii)Composition money payable under section 7-A

2.TRADER

(i)Entry tax payable u/s 3 (1)

3.Works Contractor

(i)Entry tax payable u/s 3 (1)

(ii)Entry tax payable u/s 4-A

4.Total Tax Liability (1 to 3)

B.Interest & Penalties

1.Interest u/s 18

2.Penalty u/s 18

3.Total (1+2)

C.TAX CREDITS

1.Entry tax paid

2.Setoff

3.Other Credits (specify)

4.Total Tax Credits(1 to 3)

D.Entry tax payable / refundable [(A(4)(3) + B(3)(3) - C(4)(3)]

 

For…………..

 

Chartered Accountants

 

Name ... ……………..

Place……………..

Proprietor/Partner

Date……………...

Membership No

 

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DECLARATION

I………………….(Name of the authorized signatory) in my capacity as…………………… (designation) of……………………………………………………………………………………………

… ………………………….(Name & Address of the dealer) to hereby declare that the particulars given above are true and correct to the best of my/our knowledge. Information and belief and all information furnished here in above is in accordance with our books of accounts and the returns submitted as per appendix- I.

Place

Date

Name

Signature & Designation

(Seal)"

(iii) These amendments shall be applicable to the periods commencing from 1st April, 2011.

By order and in the name of

Governor of Madhya

Pradesh

(N. K. Jain)

Deputy Secretary

Govt. of Madhya Pradesh

Commercial Taxes

Department

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