VAT DOCUMENTATION AS PER VAT & SD ACT 2012.

 

VAT FormS	Narration
VAT-2.1	Registration form for VAT &Turnover Tax
VAT-2.2	Registration form for Branch
VAT-2.3	Registration certificate for VAT & Turnover Tax
VAT-2.4	Cancellation of Registration
VAT-3.1	Registration of VAT Agent
VAT-3.2	Registration of  certificate of VAT Agent
VAT-3.4	Delegation power to VAT Agent by non- resident
VAT-4.3	Input- output co efficient declaration
VAT-6.1	Purchase Register
VAT-6.2	Sales Register
VAT-6.2.1	Purchase -Sales Register
VAT-6.3	VAT invoice
VAT-6.4	Invoice for contractual manufacturing
VAT-6.5	Goods  transfer invoice for centrally registered entity
VAT-6.6	Certificate for TDS/ withholding
VAT-6.7	Credit Note
VAT-6.8	Debit Note
VAT-6.9	Turnover tax invoice
VAT-6.10	Invoice data for purchase/sale over Tk. 2,00,000.00
VAT-9.1	VAT Return
VAT-9.2	Turnover Tax Return
VAT-11.1	Late VAT Return
VAT-11.2	Assessment order of VAT
VAT-13.3	Audit Report
VAT-18.1	VAT consultant license application
VAT-18.1ka	VAT consultant license

Carry forward of NEGATIVE NET AMOUNT& REFUNDS- As per VAT & SD Act 2012.

 

** The activity involving construction, house building, and land or property development cannot claim for refund& the negative amount will not be carry forwarded.

** Other than  the  underlined phrase the negative amount first adjust over 6 months, and if the remaining balance exceeds Tk.50000/- , REFUND will be within 3 MONTHS upon application to the commissioner,

** if the remaining balance DOES NOT exceed Tk.50,000/- , cannot claim for refund& the negative amount will not be carry forwarded.

 

ASSESSMENT OF NET PAYABLE TAX BY THE TAXPAYER

 

Particulars

Amount(Tk.)

Output Tax (on Sales )                                           Add: Increasing Adjustment an increasing adjustment in respect of withholding tax; an increasing adjustment required for an annual re-calculation; an increasing adjustment if a payment is not made through banking channels; an increasing adjustment for goods put to a private use; an increasing adjustment on being registered; an increasing adjustment on cancellation of registration; an increasing adjustment for a change in the VAT rate; an increasing adjustment for the payment of any interest, monetary penalty, fine, fee, etc; or any other prescribed increasing adjustment; Less: Input Tax(credit)  VAT on import stages VAT at the time of purchase Less: Decreasing Adjustment                 a decreasing adjustment for the money paid as advance tax; a decreasing adjustment allowed to a supplier of telecommunications goods or services; a decreasing adjustment in respect of withholding taxes; a decreasing adjustment applicable as a result of an annual re-calculation; a decreasing adjustment on being registered;   a decreasing adjustment in relation to second-hand goods purchased for re-sale; a decreasing adjustment in relation to an indemnity payment under a policy of insurance; a decreasing adjustment in relation to a monetary prize paid for a lottery, lucky draw, raffle, or similar undertaking; a decreasing adjustment where there is a decrease in the VAT rate; a decreasing adjustment allowed to refund of supplementary duty; a decreasing adjustment claimed for a negative net amount carried forward from a previous tax period; a decreasing adjustment allowed for VAT overpaid in a previous tax period; or Refund goods or any other prescribed decreasing adjustment.     NET VAT

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