The Jammu and Kashmir Value Added Tax Form, 2005.
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Body

Form VAT - 11C

Manufacturing and Profit and Loss Account

( See Rule 28 (3) (b) )

Period From

Circle

Please fill in Capital letters where applicable and sign the declaration.

Date _/_/20_

Part A - Dealer Information

1 Dealer Name

2. Taxpayer Identification Number

Part B -Manufacturing and Profit and Loss Account for the year ended on --/--/--

Income statement for the year ended .............		previous year	current year
	(a) Gross sales within the State
	(b) Gross Inter State Sales
	(c) Exports
1	Total Gross Sales [ (a) + (b) + (c)]
	(p) Goods returned from sales within the State
	(q) Goods returned from inter state sales
	(r) Excise Duty
2	Net Sales = [ 1- (p) - (q) - (r)]
3	Cost of Sales:
	(a) Raw material Consumed
	Imported*
	(i) Opening Stock
	(ii) Add: Purchases
	(iii) Less: Closing Stock
	(iv) Consumed (i) + (ii) + (iii)
	Indigenous**
	(i) Opening Stock
	(ii) Add: Purchases
	(iii) Less: Closing Stock
	(iv) Consumed (i) + (ii) + (iii)
	(b) Stores and spares
	(c) Other Consumables
	(d) Power and Fuel
	(e) Direct Labour
	(f) Repairs and Maintenance
	(g) Other Manufacturing Expenses
	(h) Depreciation
	(i) Adjustment and Inventory
	Opening Stock
	(i) Stock in Process
	(ii) Finished Goods
	Total Opening Stock = (i) + (ii) = (x)
	Less: Closing Stock
	(i) Stock in Process
	(ii) Finished Goods
	Total Closing Stock = (i) + (ii) = (y)
	Net Adjustment for inventory = (x) - (y)
4	Gross Profit = [ 2-3]
5	Interest and Other financial charges
6	Selling and general / administration charges
7	Operating Profits = [ 4- (5+6)]
8	Other Income
9	Other expenses
10	Profit and Loss before Tax = [ (7+8) - 9]
11	Provision for taxation
12	Net Profit
13	Provision for Dividend
14	Retained Earnings

Part C - Declaration

I, solemnly declare that to the best of my knowledge and belief, the information given in the return is correct and complete and that the particulars shown herein are truly stated and are in accordance with the provisions of the J & K VAT Act, 2005. (This return should be signed by an authorized person).

Name of Person	Place	Seal and Signature
Designation	Date	Seal and Signature