Dear all
Please tell me what type of purchase details we should feed in the below field in Karnataka VAT 100 Form.
9.9 Value of VAT exempted goods
Please give more details with scenario as it is very urgent.
Thanks in advance
Menu
Karnataka vat 100 form
Replies (4)
In karnatka vat u include many types of transactions like all tax invoice bills mention in column by percentage wise which r u purchase for sale purpose, and local purchase include in exempted purchase and mention all types of cst purchase.
Hi Babu,
To the extent of my knowledge, Box No. "9.9 Value of VAT Exempted goods", clearly states that it should capture all types of goods which are exempted from VAT (i.e., Local purchases)only.
It should not include any Interstate Purchases which is exempted.
Subramanya
Please tell me how to enter the debit notes & Credit notes in filing 100 of exempted goods sellers, like books sellers? and we are filing only Lumpsum amount of Total Invoices Numbers & Sales amount.
and tell me the steps where i enter the lumpsum invoices & Lumpsum amounts of debit and credit notes.
| Originally posted by : VISHWA | ||
 |
Please tell me how to enter the debit notes & Credit notes in filing 100 of exempted goods sellers, like books sellers? and we are filing only Lumpsum amount of Total Invoices Numbers & Sales amount. and tell me the steps where i enter the lumpsum invoices & Lumpsum amounts of debit and credit notes. |
 |
Hi Vishwa,
It is advisable to upload all invoices individually instead of lumpsum invoices, due to the fact that once you upload all your invoices using lumpsum and when such goods are returned there is no provision in the system to account the same.
with regards,
Subramanya
Recent Topics :
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
- Query - Section 164(2)(a) – Interpretation o
- Submission for Expert Opinion on Rectification of
- NRI since March 2023 – resident savings acco
- My All-Time Top 15 Indian Web Series
- Wrong date of invoice
- Paper 6 - IBS
Related Topics :
CAclubindia
