The Jammu and Kashmir Value Added Tax Act, 2005.
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Body Notification SRO 131 Dated 31st March, 2012.

In exercise of the powers, conferred by Section 85 of the Jammu and Kashmir Value Added Tax Act, 2005, the Government hereby directs that, in the Jammu and Kashmir Value Added Tax Rules, 2005, the forms VAT-11 and VAT 11-A shall be substituted by the forms appended hereto.

This notification shall come into force w.e.f. 01.04.2012.

By order of the Government of Jammu and Kashmir.

Sd/-

(Iqbal Khanday) IAS

Principal Secretary to Government

Finance Department

Form VAT-11

(See Rule 28 (2))

QUARTERLY VALUE ADDED TAX RETURN (ORIGINAL/REVISED/FINAL)

Commercial Taxes Circle. "........................ "

TIN:

Name & Address:

Tax Period

Quarter

From

(A) Purchase/Stock Transfer			(C) Input Tax
1	Net Value of Purchase made with in the State	1%	1	Input Tax paid against S. No. 1 of Section (A)	1%
		5%			5%
		13.5%			13.5%
		30%			30%
		0%			0%
2	Value of other purchases within the State on which Input Tax Credit will not be available	From T.O.T/ Casual Dealer	2	Input Tax On Capital goods allowed quarterly out of Section (E)
3	(a) Purchases from unregistered/registered Dealers within the state u/s 14 of J&K VAT Act.			Total (C) =1+2
3	(b) Purchase disposed off other-wise than by way of Sales out of 3(a)		(D) Out put Tax + Purchase Tax
4	Value of interstate purchases/imports (from outside the state of J&K)	0%	1	Output Tax collected against S. No. (1) of Section	1%
		1%			5%
		5%			13.5%
		13.5%			30%
		30%			0%
5	Value of goods received by stock transfer consignment transfer	5%	2	Output Tax collected against S.No. (2) of Section (B)
		13.5%	3	Tax on purchases u/s 14 of VAT Act disposed off other wise than by way of sale
		30%		Total (D)= 1+2+3
6	Net value of capital goods purchased outside the state except schedule (E) items		(E)
	Total (A) = 1+2+3a+4+5+6		Tax paid on Capital Goods purchased within the State
(B) Sales/Stock Transfer			(F)
1	Taxable Turnover of sales within the State	1%	Amount of Tax carried forwarded from previous Tax period.
		5%
		13.5%
		30%
2	Taxable Turnover of interstate sales i.e outside the state of J&K	1%
		5%
		13.5%
		30%
3	Turnover of consignment /Stock Transfer from J&K to other states
4	Turnover of Tax free Sales (Schedule A Category)	0%
5	Turnover of Exports Sales
	Total (B)= (1+2+3+4+5)
Acknowledgement			(G )DEDUCTIONS
			1	Input Tax retained u/s 21 (4) & 21(6)
			2	Input Tax reversed u/s 21(10)
				Total G= 1+2
			(H)
			Input Tax available H= (C+F)- G
			(I)
			Tax payable /Excess Input I= D-H
			(J)
			Security payments made
			K
			Tax Available/payable K= I - J
			(-) Indicates Excess payment
			(+) Indicates payable amount

x	Outstanding dues if any against 1. J&K VAT Act, 2005 2. CSTAct, 1956 To be setoff against Excess Input Tax credit of (K)
Y	Input Tax carried over to next Tax period = (K- X)
Z	Tax refundable under J&K VAT Act.
	1 .Under Section 22(4) (to be eligible after Two years)
	2. Under Section 55(2)

Details of Tax Deposited

Name of Treasury/Bank where Tax deposited	No.	Dated	Amount	For office use
1	No.	Dated	Amount	DCR No.	Date
2
3

Encl:-

1. Purchase Statement

2. Sales Statement

3. TR/Bank Receipts

Place	Signature with Seal
Date	status

Form VAT-11

(See Rule 28 (2))

ANNUAL VALUE ADDED TAX RETURN (ORIGINAL/REVISED/FINAL)

Commercial Taxes Circle. "........................ "

TIN:

Name & Address:

Tax Period

From

(A) Purchase/Stock Transfer			(C) Input Tax
1	Net Value of Purchase made with in the State	1%	1	Input Tax paid against S. No. 1 of Section (A)	1%
		5%			5%
		13.5%			13.5%
		30%			30%
		0%			0%
2	Value of other purchases within the State on which Input Tax Credit will not be available	From T.O.T/ Casual Dealer	2	Input Tax On Capital goods allowed quarterly out of Section (E)
3	(a) Purchases from unregistered/registered Dealers within the state u/s 14 of J&K VAT Act.			Total (C) =1+2
3	(b) Purchase disposed off other-wise than by way of Sales out of 3(a)		(D) Out put Tax + Purchase Tax
4	Value of interstate purchases/imports (from outside the state of J&K)	0%	1	Output Tax collected against S. No. (1) of Section	1%
		1%			5%
		5%			13.5%
		13.5%			30%
		30%			0%
5	Value of goods received by stock transfer consignment transfer	5%	2	Output Tax collected against S.No. (2) of Section (B)
		13.5%	3	Tax on purchases u/s 14 of VAT Act disposed off other wise than by way of sale
		30%		Total (D)= 1+2+3
6	Net value of capital goods purchased outside the state except schedule (E) items		(E)
	Total (A) = 1+2+3a+4+5+6		Tax paid on Capital Goods purchased within the State
(B) Sales/Stock Transfer			(F)
1	Taxable Turnover of sales within the State	1%	Amount of Tax carried forwarded from previous Tax period.
		5%
		13.5%
		30%
2	Taxable Turnover of interstate sales i.e outside the state of J&K	1%
		5%
		13.5%
		30%
3	Turnover of consignment /Stock Transfer from J&K to other states
4	Turnover of Tax free Sales (Schedule A Category)	0%
5	Turnover of Exports Sales
	Total (B)= (1+2+3+4+5)
Acknowledgement			(G )DEDUCTIONS
			1	Input Tax retained u/s 21 (4) & 21(6)
			2	Input Tax reversed u/s 21(10)
				Total G= 1+2
			(H)
			Input Tax available H= (C+F)- G
			(I)
			Tax payable /Excess Input I= D-H
			(J)
			Security payments made
			K
			Tax Available/payable K= I - J
			(-) Indicates Excess payment
			(+) Indicates payable amount

x	Outstanding dues if any against 1. J&K VAT Act, 2005 2. CSTAct, 1956 To be setoff against Excess Input Tax credit of (K)
Y	Input Tax carried over to next Tax period = (K- X)
Z	Tax refundable under J&K VAT Act.
	1 .Under Section 22(4) (to be eligible after Two years)
	2. Under Section 55(2)

Details of Tax Deposited

Name of Treasury/Bank where Tax deposited	No.	Dated	Amount	For office use
1	No.	Dated	Amount	DCR No.	Date
2
3

Encl:-

1. Trading Account

2. Purchase Statement

3. Sales Statement

4. TR/Bank Receipts

Place	Signature with Seal
Date	status