DVAT 16

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Amendment in form No. DVAT-16 w.e.f 17/03/2010

 

  1. Insertion of new row- Goods Taxable @ 5% on computation of output tax.
  2. Tax rate wise purchase row is inserted on purchase of other goods.
  3. Tax rate wise work contractor purchase rows are inserted in purchase of other goods.
  4. Figure of Exempted sales/Purchase including high sea sales to be given.
  5. Tax effect of opening and closing stock
  6. Tax credit on withdrawal from composition scheme.
  7. Deduction in input tax credit due to sale of goods at price lower than the Purchase price.


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