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<h1>Filing Taxable Commodities Transactions: Use Form 1 Under Commodities Transaction Tax Rules, 2013 for Accurate Reporting and Verification</h1> The procedure for filing a return of taxable commodities transactions under the Commodities Transaction Tax Rules, 2013, using Form 1. It requires recognized associations to report details such as the association's name, address, PAN, financial year, and the value of taxable transactions. The form includes sections for the total tax collectable, collected, and paid, as well as interest payable and paid. Verification by an authorized individual is necessary, affirming the accuracy of the information. Schedules A and B require detailed transaction data, which can be submitted electronically, and must include specifics for each member or intermediary.