Adjustments and Payment (VAT)

Adjustments and Payment (VAT)

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Adjustment of Turnover

Input Tax Adjustment for Purchases From URDs (VAT)

Tax on Purchase from Unregistered Dealers

Decrease of Output Tax

Opening Balance of Purchase Tax

Payment Voucher

Increase of Tax Liability (VAT)

Reversal of Notional Tax Credit

Decrease of Input Tax

Notional Tax Credit – Capital Goods

Sales Returns

Increase of Output Tax

Reversal of Input Tax

Decrease of CST

Input Tax Credit Admitted on Capital Goods

Purchase Return

Increase in Notional Input Tax

Refund of Input Tax

Adjustment Towards TDS Certificate

Input Tax Adjustment Towards Purchase Tax on Schedule H Items (VAT)

 

Increase in Input Tax

Reducing Tax Liability

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