Karnataka vat 100 form

Others 1500 views 4 replies

Babu P

Student

85 Points Joined July 2013

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

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.

Subramanya

Tax Consultant

526 Points Joined March 2010

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

VISHWA

Student CA Final

23 Points Joined February 2014

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.

Subramanya

Tax Consultant

526 Points Joined March 2010

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