The Gujarat Value Added Tax Rules, 2006
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Body

FORM 304

[See sub-rule (2) of rule 29, sub-rule (2) of rule 31 and sub-rule (2) of rule 32]

ASSESSMENT ORDER

(under section 32/34/35 of the Gujarat Value Added Tax Act, 2003)

Name of the Dealer: ..............................................

Registration Certificate No. : .....................

Address: .................................

Assessment Year: .................................

Period of assessment: .................................

Date of service of notice in form ...... on .................................

PART-I

Turnover of sales and purchases

Description	Sales Rs.		Purchases Rs.
	As per return	As per assessment	As per return	As per assessment
01 Total turnover.
02 Deduct :
02.1 Exempted from tax under section 5(1)
02.2 Exempted from tax under section 5(2)
02.3 Branch transfer or consignment to and from outside the State.
(a) of the goods manufactured
(b) other than (a) above
02.4 Purchases not qualifying for tax credit as per section 11(8) read with Section 11(5)
02.5 Reduction as per item 37 of Annexure-III
02.6 Charges towards labour, service and other charges referred to in sub-clause (c) of clause (30) of section 2
Total of (02.1) to ( 02.6)
03 Net Taxable Turnover (01 - 02)

PART II

Output Tax

Rate of tax.

Commodity

HSN Code

Turnover excluding tax.

Tax

Additional Tax

Total Turnover including tax

12.5%

Other

Total

04.1 Total Tax

Tax payable on the purchases of taxable goods under section 9.

Rate of tax	Commodity	HSN Code	Turnover of purchases	Tax	Additional Tax
1	2	3	4	5	6
1%
4%
12.5%
other
Total
04.2 Total tax (Col. 5 + Col. 6)

PART III

Input Tax

Description					Value of goods (Rupees)
					As per return	As per assessment
05 Purchase of capital goods from registered dealers
06 Purchases of taxable goods other than capital goods from registered dealers.
07 Purchases of taxable goods from a person other than registered dealer.
Total
Calculation of input tax
Rate of tax.	Commodity	HSN Code	Turnover of purchase	Tax	Additional Tax
1.	2.	3.	4.	5.	6.
1%

4%

12.5%

Other

Tax payable on the Purchases of taxable Goods under Section 9		Rs.
tax paid under the Gujarat Tax on Entry of Specified Goods into Local Areas Act, 2001 (Guj. 22 of 2001)
08 Total:

PART IV

Tax credit

Description	Admissible Tax Credit (Rupees)
	As per return	As per assessment
09 Tax credit brought forward from previous tax period
10 Tax credit as per 8
Total (9 + 10)
Adjustment of Tax on purchases as per Annexure II (+_)
11 Gross Tax credit
12 Reduction in tax credit
12.1 Under section 11(3)(b)(i) (other than 12.2 below)
12.2 Under section 11(3)(b)(ii) (of the goods manufactured)
12.3 Under section 11(3)(b)(ii) (of fuels used for manufactured of goods)
12.4 Under section 11(5) (for use in manufactured of goods exempted from tax under sections 5(1) and 5(2))
12.5 Other reason
TOTAL : [12.1 + 12.2 + 12.3 +12.4 +12.5 ]
13 Net tax credit admissible (11 - 12)

PART-V

Net tax payable.

Description	Rupees.
	As per return	As per assessment
14 The amount of tax payable as per 04.1
15 Tax payable on the purchases of taxable goods under Section 9 as per 04.2
16 Total Tax
17 LESS:
17.1 Adjustment of Tax on sale as per Annexure I (+_)
17.2 Remission under Section 41
17.3 Credit u/s. 59B(9) of the amount of tax deducted at source (enclose Form-703)
17.4 Adjustment of the amount deposited under section 22
17.5 Net tax credit as per 13
18 Net tax payable (16 - 17)
19 Excess Amount of tax credit (17 - 16)
20 Excess Amount of tax credit adjusted against CST
21 Excess Amount of tax credit claimed as refund
22 Amount of tax credit carried forward to the next tax period [19 - (20 + 21)]

PART-VI

Payment of tax

Description

Rupees

As per return

As per assessment

23 Amount payable

23.1 Amount of tax payable as per 18

23.2 Amount of interest.

23.3 Amount of penalty

Total

24 Amount paid

25 Amount outstanding

26 Amount paid in excess

Chalan No.	Date of payment.	Bank/treasury in which amount paid.	Amount.

Annexure I

(In rupees)

Adjustment in sale as per	Increase		Decrease
Adjustment in sale as per	As per return	As per Assessment	As per return	As per Assessment
27 sub-section (1) of section 8
27.1 Sub- clause (a) (sale cancelled)
27.2 Sub- clause (b) ( alteration in consideration of sale )
27.3 Sub- clause (c) (goods returned)
28 sub-rule (7) of rule 17 (pertains to transactions through commission agent.
Total:
29 Net of sale
Adjustment in tax on sale

Annexure II

(In rupees)

Adjustment in purchase	Increase		Decrease
Adjustment in purchase	As per return	As per Assessment	As per return	As per Assessment
30 on account of credit note/debit note
31 on account of goods on which right to use such goods is transferred as defined under sub-clause (d) of clause (23) of section 2.
Total:
32 Net of purchase
Adjustment in tax on purchase

Annexure III

(In rupees)

Reduction	Sales		Purchases
Reduction	As per return	As per Assessment	As per return	As per Assessment
33 Sales/purchases as specified in sub-section (2) of section 5 of the Central Act. (By way of transfer of documents of title)
34 In the course of export/import out of country.
35 Sales/purchases as specified in sub-section (3) of section 5 of the Central Act.
36 In the course of interstate trade and commerce other than branch transfer or consignment.
37 Total

ORDER :-

SEAL

Place :			Signature :
Date :			Designation :