Tax Computation (vat No.

19291010025)
Tax Liability
A.)Works Contract

Incl.Tax
Labour & Service @25%
Tax @4% on 40%
Tax @4% on 35%

TAX PAID

1,513,855
2,422,168
2,119,397

96,886
286,118
383,004

174907

176000

C.)Purcahse Tax

Mise Exp.
Printing & Stationery
Repair & Maintenance
Paking Exp.
Business Promotion

1,800,000
400,000
300,000
100,000
900,000
3,500,000

72,000
16,000
12,000
40,000
36,000
176,000

D).ITC Dissllowed

Welding Electrode
Packing Material
Consumable
Gas
Furniture & Fixture
Mobile Exp.
Printing & stationery
Telephone Exp.
Electric Exp.
Computer Exp.
Computer
Fuel & Diesel
Reparing Charges

28,028,549
336,539
6,761,358
821,299
36,888
490
8,739
1,038
68,304
17,920
147,804
2,155
2,905

1,121,142
13,461
305,981
34,498
4,611
19
410
90
3,798
716
5,912
270
363

3,855,879

655,499

992,661
540,338
939,555
567,935
368,709
2,451,947
288,540
4,772,324
1,856,992

38,179
60,038
36,137
21,843
49,498
280,967
11,098
183,551
71,422
2,899,503

Colour & Paint(17:83)

Mismath DevTechno Project
Sunrise Entp.
Gavrill Corp.
Jindal Steel & Power
Shalimar Paint
Berger Paint
Nisso Stil Industries
Vrinda Engineers Pvt ltd
Branch Sale
Total ITC Disallow
Opening ITC
Add :ITC Availed
Less :Clsoing ITC
Less : ITC Disallow
Less :Adjusted With CST
Balance ITC
Tax Payable
Net Payable
Add Intt.
Total Due

Tax Computation (vat No. 19291010219)

Stock Transfer
Less F-Form

Sale U/s 6(2)

Less E1-Form

Cst Sale@2%
Tax
Total Sales INCl. Tax
Less : C-form
Less :CST

ITR adjusted as per books

ITR adjusted as per return

BALANCE

6,055,421

2,871,094
36,104,274
11,682,322
2,899,503
14,557,146
9,836,397
13,140,832
3,304,435
997,773
4,302,208

129,684,815
95,653,691
34,031,124
12,951,212
12,949,108
2,104
694,071,970
13,881,438
707,953,408
152,969,177
554,984,231
10,882,043
544,102,188
15,764,005
14,557,146
Tax payable
Intt.
Total Liability

208,097

1,121,142

370,129
520593

134,906

+
+
+
+

871,500

752,733
2,587,007

###
36,569,048
464,774
10,353,418
1,328,904
1,025,628
1,873,875 mismatch+electrode
15,764,005
(1,206,859)
12,297,091
12,887,068
253,764
589,977
2,714,458
###
1,587,750
695,500 tax paid
(105,523)

total turnover
add
4,594,202
less Sale U/s-6(2
263

(10,882,043)
73,453,795

1,206,859
68,373,076
20,645,263
89,018,339

742,058,853
34,031,124
237
776,090,214
12,949,108
763,141,106

O/Value
C/Value
ITC AS PER 2871094 -1E+007
ITC AS PER 2699422 -1E+007

-171672
1328902

Gross Sale
CST on Sales
Less
Less
Less
Less
Less
add
Less
Less

1 Work Contract

Sales In West Bengal

2 Sales @13.50%
Sales @13.50%
Sales @12.50%
Sales @4%

3 Purchase Tax
Mise Exp.
Printing & Stationery
Repair & Maint
Painting
Sales Promotion
4 Welding Electrode
5 Packing Material
Consumable
Gas
Furniture & Fixture
Mobile Exp.
Printing & stationery
Telephone Exp.
Electric Exp.

Rourkela Sale
Rourkela ED on Sale
Jamshedpur Sale
Jamshedpur ED Sale
Job Work
Sale of P/M
Work Contract
CST Sales (incl. Tax)
Taxable Sales
1,513,855.00
2,422,168.00
2,119,397.00
6,055,420.00

1,117,505,215.00
15,764,005.00
###
(148,551,229.00)
(5,380,335.00)
(944,744.72)
(97,308.00)
(13,693,806.50)
558,722.64
(6,055,420.00)
(742,058,853.21)
217,046,246.21
96,886.72
286,118.60
383,005.32

558722
12829076
30919274
172739175

75,427.47
1,731,925.26
3,864,909.25
6,909,567.00

1800000
400000
300000
1000000
900000

72,000.00
16,000.00
12,000.00
40,000.00
36,000.00

28028549

1,121,141.96

336,539
6,761,358
821,299
36,888
490
8,739
1,038
68,304

13,461
305,981
34,498
4,611
19
410
90
3,798

Computer Exp.
Computer
Fuel & Diesel
Reparing Charges
Colour & Paint(17:83)
Mismath

17,920
147,804
2,155
2,905
3,855,879

DevTechno Project
Sunrise Entp.
Gavrill Corp.
Jindal Steel & Power
Shalimar Paint
Berger Paint
Nisso Stil Industries
Vrinda Engineers Pvt ltd
Branch Sale
Opening Balance
Add -ITC
Less Closing Balance
ITC Disallow

992661
540338
939555
567935
368709
2451947
288540
4772324
1856992

716
5,912
270
363
655,499.00
38,179.00
60,038.00
36,137.00
21,843.00
49,498.00
280,967.00
11,098.00
183,551.00
71,422.00

2871094
36104274
-11682322
Welding Electrode
others
Paint
mismatch

(1,121,141.96)
(370,129.00)
(655,499.00)
(752,733.00)

Work Contract
Purchase Tax
Sales In West Bengal

383,005.32
176,000.00
12,581,828.98

Less Adjust with CST

Less Tax payable

Net Tax Payable

Intt Payable
total Liability

as per order
Tax Liability

as per company

217,046,246

383,005.32

12,581,828.98

176,000.00
1,121,141.96

6,055,420

383,005.36

12,435,887
30,940,890
173,940,191

1,678,829.76
3,867,611.89
6,957,228.67
12,503,670.32

(0.04)

176,000.00
145,748.46
13,461.00
305,981.00
34,498.00
4,611.00
19.00
410.00
90.00
3,798.00

716.00
5,912.00
270.00
363.00
520,593.23

370,129.00
655,499.00

752,733.00

27,293,046.00

(2,899,502.96)
(14,557,146.00)
9,836,397.04

27,293,046.00
(145,748.46)
(370,129.00)
(520,593.23)
-

(176,000)
-

13,140,834.30
(3,304,437.26)
(997,773.00)
(4,302,210)

2011-12
2012-13
2013-14
intt
principal
purchase tax

(1,036,470.68)
(14,557,146.00)
11,699,429.32

(176,000.00)
11,875,429.32
11,875,429

365.00
365.00
180.00
910.00
(310,089.31)
(1,036,470.68)
(1,346,560.00)
(176,000.00)

(1,863,032.28)

Gavrill
Shalimar
Dev Techno
Berger
JIndalSteel
Branch Sale
Nisso Stil Indu
Vrinda
Sunrise

Purchase ITC
Sale
ITC
diff In Purchase
5515547 212137 4575992 176000
939555
9461559 1086448
0
0
9461559
10455287 1148056 6462626 1109878
3992661
2451947 280967
451887
53732
2000060
8580738 330028
0
0
8580738
4651957 178921 2549646
98063
2102311
0
0
0
0
5599704 215373
0
0
540338
60038
0
0
4E+007 3299831 9464159 1261673

0
5599704
540338
32277371

ITC
36137
1086448
38178
227235
330028
80858

Order
939555 36137
368709 49498
992661 38179
2451947 280967
567935 21843
1856992 71422

0
215373
60038
2038158

288540 11098
4772324 183551
540338 60038
1E+007 716596