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| VAT-online -Service |
VAT-online -Service-E-return-9.1(supporting-calculation):
Hi,
I am Md. Harun-or-Rashid, Your Learning Partner, I am trying to apply my best Knowledge to better understand a very vital Issue a VAT Return (9.1), in every corporate sector.
Let’s start with my Learning Journey today!
Table of Contents:
(Part-3) (Supply Output Tax):
1.Base value calculation for VAT (Direct Export Proceeds) (Note-1)read here
2.Base value calculation for VAT (Deemed Export Proceeds) (Note-2)
3. Base value calculation for Specific VAT (Local/cash sales) (Note-6)-read here
Part-4(Purchase Input Tax):
4. Base value calculation for VAT (Local Purchase) (Procurement Supply) (Exempted goods & services) (Note-12)
5. Base value calculation for VAT (Import) (Exempted goods & services) (Note-13)
6. Base value calculation for VAT (Local purchase) (Mobil) (Standard rated goods & Service) (Note-14)
7.Base value calculation for VAT (Import purchase) (Spare part) (Standard rated goods & Service) (Note-15)
8.Base value calculation for VAT (Local purchase) (Printing Paper) (goods & service other than the standard rate) (Note-16)
9.Base value calculation for VAT (Import purchase) (goods & services other than Standard rate) (Note-17)
10. Base value calculation for VAT (Local purchase) (Goods & Services) Based on Specific VAT (Note18)
11. Base value calculation for VAT (From turnover tax unit) (Goods & Services not admissible for credit) (Local Purchase) (Note19)
12. Base value calculation for VAT (From Unregistered Entities) (Goods & Services not admissible for credit (Note-20)
13. Base value calculation for VAT (Local purchase) (Goods & Services not admissible for credit (Taxpayers who sell only Exempted/Specific/other than Standard VAT Rate (Note-21)
14. Base value calculation for VAT (Import Purchase) (Raw Cotton) (Goods & Services not admissible for credit (Taxpayers who sell only Exempted/Specific/other than Standard VAT Rate (Note-22)
Part-6(Decreasing Adjustments (VAT):(Note-30)
15. Base value calculation for AT (Import purchase) (spare parts) (Advance Tax paid at Import stage) (Note-30)
Part-7 (Net Tax Calculation) (Note-34)
16.Net payable VAT calculation for the Current Tax Period(section-45) (Note-34):
Part-7(Net Tax Calculation) (Note-35)
17.Net payable VAT calculation for the Current Tax Period after adjustment with the closing balance (form-18.6) (Note-35):
Part-9: Account code-wise payment schedule (Treasury Deposit)
18. Current period (Treasury deposit) (Note-58)
Part-10: CLOSING BALANCE
19.Closing Balance (VAT) [58-(50+67) + The refund amount not approved] (Note-65)
Part-11: Refund
20. Requested for VAT refund current Tax Period (Note-67)
Part-12: Declaration
21. Declaration for authentication by a responsible person