Sub: Modification of return form in Form VAT-002, under the Odisha Value Added Tax Rule, 2005 consequent upon introduction of new tax rate @50% under sub part, "Part-ll-A of Schedule-B of Odisha VAT Act, 2004.
Whereas, Government of Odisha, Finance Department has introduced a new tax rate @ 50% under sub part, "Part-IIA" of Schedule-B of Odisha Value Added Tax Act, 2004 with effect from 11.4.2013 in pursuance to the notification NO.-14355-FIN-CT1-TAX-0053-2012, dt.11.04.2013.
And whereas, rule 34 of the Odisha value Added Tax Rules,2005 has been amended by inserting sub-rule (13) providing for modification of return forms such as VAT-002 by Commissioner with the prior approval of Government though issue of notification as and when required.
Now, therefore, in exercise of power under the sub-rule (13) of the Rule 34 of the Odisha Value Added Tax Rules, 2005 and with the prior approval of Government in Finance Department, vide their letter No-FIN-CTI-TAX-0001/2013/(pt)27255/F, Dt.21.08.2013, the return form in Form VAT-002 is hereby modified in order to enable the dealers to file return for the tax periods beginning on and after 01.07.2013.
This notification shall come into force with effect from 01.07.2013.
Commissioner of Sales Taxes,
Odisha, Cuttack
FORM VAT-002
RETURN OF TURNOVER TAX PAYABLE BY A DEALER
[Refer to sub-rule (6) of Rule 34]
02. Period covered by this return
PART-A
Particulars of purchase and receipts
I - From registered dealers
(i) exempt from tax
(ii) prescribed in Schedule-B excluding goods on which tax has been paid on MRP
(iii) prescribed in Schedule-C
(iv) on which tax has been paid on MRP.
(v) Total [(i)+(ii)+(iii)+(iv)]
II - From unregistered dealers
(i) @ 1%
(ii) @ 4%
(iii) @ 5%
(iv) @ 10%
(v) @ 13.5%
(vi)@ 18%
(vii) @ 20 %
(viii) @ 25 %
(ix) @ 50 %
(x) Total [(i)+(ii)+(iii)+(iv)+(v)+(vi)+(vii) + (ix)]
PART-B
I - Turnover of sales and turnover of purchase
(Sale of goods through works contract not to be included here)
(i) declared u/s 14 of the CST Act.
II - Calculation of Tax
"A"
"B"
III - Calculation of TTO and composition tax of works contractors
IV Tax payable and tax paid
16. Less tax paid
(i) Self deposit
(ii) TDS
(iii) check gate payment
(iv) excess paid in previous quarter, if any
(v) Total
17. Balance payable, if any [15-16(v)]
18. Payment details
19. Information on use of invoices for the quarter.
DECLARATION
I (name) ________________________________________ being (status) _______________ of the above business do hereby declare that the information given in this return is true and correct to the best of my knowledge and belief.
(FOR OFFICIAL USE ONLY )
Acknowledgement receipt no. __________________ Date __________________
Signature and stamp of Section Clerk"