https://www.taxtmi.com/article/detailed?id=5386 Every registered dealer must file monthly returns in Form I showing turnover and proof of tax payment; Form I includes inputs such as input tax credit, tax payable, payment and refund details, and annexures for purchases, inter-state receipts, sales, and reversals of input tax credit. Annexure V was added to report closing stock where ITC is carried forward, requiring commodity description, code, value, tax rate and forward ITC; the Commissioner clarified Annexure V is required only when ITC is carried forward, quantitative stock particulars need not always be provided, and NIL stock filings may be accepted in specified circumstances. en-us Thu, 12 Dec 2013 09:14:16 +0530 Thu, 12 Dec 2013 09:14:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5386 Every registered dealer must file monthly returns in Form I showing turnover and proof of tax payment; Form I includes inputs such as input tax credit, tax payable, payment and refund details, and annexures for purchases, inter-state receipts, sales, and reversals of input tax credit. Annexure V was added to report closing stock where ITC is carried forward, requiring commodity description, code, value, tax rate and forward ITC; the Commissioner clarified Annexure V is required only when ITC is carried forward, quantitative stock particulars need not always be provided, and NIL stock filings may be accepted in specified circumstances. Articles Value Added Tax - VAT and CST Thu, 12 Dec 2013 09:14:16 +0530 https://www.taxtmi.com/article/detailed?id=5386