VAT Return Form VAT-001 10 Balance A balance_a Balance B balance_b Balance C balance_c Part (I) - Output tax LK_VAT_001E_OT 0 A, 0: Taxable Supplies LK_VAT_001E_A 1 balance_a tax_tags -VAT_A balance_b tax_tags -VAT_0 A1, 1: Deemed Taxable Supplies (Specified Projects) LK_VAT_001E_A1 1 balance_a tax_tags -VAT_A1 balance_b tax_tags -VAT_1 A2, 1A: Deemed Taxable Supplies (Strategic Development Projects) LK_VAT_001E_A2 1 balance_a tax_tags -VAT_A2 balance_b tax_tags -VAT_1A B, 2: Wholesale and Retail Taxable Supplies LK_VAT_001E_B 1 balance_a tax_tags -VAT_B balance_b tax_tags -VAT_2 C, 2A: VAT Suspended Taxable Supplies LK_VAT_001E_C 1 balance_a tax_tags -VAT_C balance_b tax_tags -VAT_2A 3: Total Output Tax (0+1+1A+2+2A) LK_VAT_001E_TOT 3 balance_c aggregation LK_VAT_001E_A.balance_b + LK_VAT_001E_A1.balance_b + LK_VAT_001E_A2.balance_b + LK_VAT_001E_B.balance_b + LK_VAT_001E_C.balance_b D: Zero Rated Supplies (Goods) LK_VAT_001E_D 1 balance_a tax_tags -VAT_D D1: Zero Rated Supplies (Services) LK_VAT_001E_D1 1 balance_a tax_tags -VAT_D1 E: Exempt Supplies LK_VAT_001E_E 1 balance_a tax_tags -VAT_E E1: Excluded Supplies LK_VAT_001E_E1 1 balance_a tax_tags -VAT_E1 F, F1: Local Supply of Garments LK_VAT_001E_F 1 balance_a external most_recent editable;rounding=2 balance_b external most_recent editable;rounding=2 G, G1: Local Supply of Fabrics LK_VAT_001E_G 1 balance_a external most_recent editable;rounding=2 balance_b external most_recent editable;rounding=2 Part (II) - Input tax LK_VAT_001E_IT 0 H, 4, 5: Imports LK_VAT_001E_H 1 balance_a tax_tags VAT_H balance_b tax_tags VAT_4 balance_c tax_tags VAT_5 I, 6: Local Purchases LK_VAT_001E_I 1 balance_a tax_tags VAT_I balance_c tax_tags VAT_6 7: Total Input Tax (4+5+6) LK_VAT_001E_TIT 3 balance_c aggregation LK_VAT_001E_H.balance_b + LK_VAT_001E_H.balance_c + LK_VAT_001E_I.balance_c J, K: VAT Suspended Purchases LK_VAT_001E_J 1 balance_a tax_tags VAT_J balance_b tax_tags VAT_K J1, K1: Non-Foreign Exchange Purchases LK_VAT_001E_J1 1 balance_a tax_tags VAT_J1 balance_b tax_tags VAT_K1 J2: Imports on which VAT is not charged LK_VAT_001E_J2 1 balance_a tax_tags VAT_J2 J3: Local Purchases on which VAT is not charged LK_VAT_001E_J3 1 balance_a tax_tags VAT_J3 J4: Goods Purchased from Non VAT Registered Persons LK_VAT_001E_J4 1 balance_a tax_tags VAT_J4 8: Disallowable Input Tax on Imports, other Purchases and Adjustments LK_VAT_001E_8 3 balance_c tax_tags VAT_8 8A: Disallowable Input Tax on Suspended Purchases LK_VAT_001E_8A 3 balance_c tax_tags VAT_8A 9: Allowable Input Tax excluding B/F Amounts (7–8) LK_VAT_001E_9 3 balance_c aggregation LK_VAT_001E_TIT.balance_c - LK_VAT_001E_8.balance_c - LK_VAT_001E_8A.balance_c 10: Brought Forward Input Tax LK_VAT_001E_10 3 balance_c external most_recent editable;rounding=2 Part (III) - Allowable Input tax LK_VAT_001E_AIT 0 11: Zero Rated Supplies/Suspended Supplies/22(7) {Cage 9*(C+D+D1)/(A+A1+A2+B+C+D+D1)} LK_VAT_001E_11 1 balance_c aggregation LK_VAT_001E_9.balance_c * (LK_VAT_001E_C.balance_a + LK_VAT_001E_D.balance_a + LK_VAT_001E_D1.balance_a) / (LK_VAT_001E_A.balance_a + LK_VAT_001E_A1.balance_a + LK_VAT_001E_A2.balance_a + LK_VAT_001E_B.balance_a + LK_VAT_001E_C.balance_a + LK_VAT_001E_D.balance_a + LK_VAT_001E_D1.balance_a) ignore_zero_division 12: Not belongs to above {(9+10-11) or 100% of cage 0+1+1A+2 whichever is lower} LK_VAT_001E_12 1 balance_c aggregation LK_VAT_001E_12.sub_balance_a + LK_VAT_001E_12.sub_balance_b check_balance aggregation (LK_VAT_001E_9.balance_c + LK_VAT_001E_10.balance_c - LK_VAT_001E_11.balance_c) - (LK_VAT_001E_A.balance_b + LK_VAT_001E_A1.balance_b + LK_VAT_001E_A2.balance_b + LK_VAT_001E_B.balance_b) sub_balance_a aggregation LK_VAT_001E_9.balance_c + LK_VAT_001E_10.balance_c - LK_VAT_001E_11.balance_c if_other_expr_below(LK_VAT_001E_12.check_balance, LKR(0.01)) sub_balance_b aggregation LK_VAT_001E_A.balance_b + LK_VAT_001E_A1.balance_b + LK_VAT_001E_A2.balance_b + LK_VAT_001E_B.balance_b if_other_expr_above(LK_VAT_001E_12.check_balance, LKR(0)) 13: Allowable Input (11+12) LK_VAT_001E_13 1 balance_c aggregation LK_VAT_001E_11.balance_c + LK_VAT_001E_12.balance_c 14: Unabsorbed Excess Input Tax C/F to next Quarter (9+10-13) LK_VAT_001E_14 1 balance_c aggregation LK_VAT_001E_9.balance_c + LK_VAT_001E_10.balance_c - LK_VAT_001E_13.balance_c Part (IV) - Tax Payable/Refundable LK_VAT_001E_TPR 0 15: Gross Refund Due if (13-3-8A) > 0 LK_VAT_001E_15 1 balance_c aggregation LK_VAT_001E_13.balance_c - LK_VAT_001E_TOT.balance_c - LK_VAT_001E_8A.balance_c if_above(LKR(0)) L: Unabsorbed VAT as at 31/12/2010 LK_VAT_001E_L 3 balance_c external recent editable;rounding=2 M: The aggregate Input Tax set off against VAT after 01/01/2011 LK_VAT_001E_M 3 balance_c external recent editable;rounding=2 N: The aggregate Input Tax set off against other taxes payable to CGIR LK_VAT_001E_N 3 balance_c external recent editable;rounding=2 O: The aggregate input Tax set off against taxes payable to DGC LK_VAT_001E_O 3 balance_c external recent editable;rounding=2 16: Tax Payable if (3-13+8A) > 0 LK_VAT_001E_16 1 balance_c aggregation LK_VAT_001E_TOT.balance_c - LK_VAT_001E_13.balance_c + LK_VAT_001E_8A.balance_c if_above(LKR(0)) Q: Monthly Payment LK_VAT_001E_Q 3 balance_c external sum editable;rounding=2 R: Deemed Tax Credit (Specified Projects) LK_VAT_001E_R 3 balance_c tax_tags -VAT_R R1: Deemed Tax Credit (Strategic Development Project) LK_VAT_001E_R1 3 balance_c tax_tags -VAT_R1 R2: Tax Credit based on SVAT Credit Voucher LK_VAT_001E_R2 3 balance_c tax_tags -VAT_R2 R3: Allowed Deemed Input Credit on Wholesale and Retail R2 R3=(R3B+R3F) = Lesser amount of cage 2 or {Cage 16 – (R+R1+R2} LK_VAT_001E_R3 3 balance_c aggregation LK_VAT_001E_R3.check_balance_b + LK_VAT_001E_R3.sub_balance_c check_balance_a aggregation (LK_VAT_001E_B.balance_b) - (LK_VAT_001E_16.balance_c - LK_VAT_001E_R.balance_c - LK_VAT_001E_R1.balance_c - LK_VAT_001E_R2.balance_c) check_balance_b aggregation LK_VAT_001E_R3.sub_balance_a + LK_VAT_001E_R3.sub_balance_b if_other_expr_below(LK_VAT_001E_R3.check_balance_c, LKR(0.01)) check_balance_c aggregation (LK_VAT_001E_R3.sub_balance_a + LK_VAT_001E_R3.sub_balance_b) - (LK_VAT_001E_R3B.balance_c + LK_VAT_001E_R3F.balance_c) sub_balance_a aggregation LK_VAT_001E_B.balance_b if_other_expr_above(LK_VAT_001E_R3.check_balance_a, LKR(0)) sub_balance_b aggregation LK_VAT_001E_16.balance_c - LK_VAT_001E_R.balance_c - LK_VAT_001E_R1.balance_c - LK_VAT_001E_R2.balance_c if_other_expr_below(LK_VAT_001E_R3.check_balance_a, LKR(0.01)) sub_balance_c aggregation LK_VAT_001E_R3B.balance_c + LK_VAT_001E_R3F.balance_c if_other_expr_above(LK_VAT_001E_R3.check_balance_c, LKR(0)) R3A: B/F Credit on Stock LK_VAT_001E_R3A 5 balance_c external sum editable;rounding=2 R3B: Claimed Credit on Stock for the Period LK_VAT_001E_R3B 5 balance_c external sum editable;rounding=2 R3C: C/F Credit on Stock LK_VAT_001E_R3C 5 balance_c aggregation LK_VAT_001E_R3A.balance_c - LK_VAT_001E_R3B.balance_c R3D: B/F Credit on Purchase LK_VAT_001E_R3D 5 balance_c external sum editable;rounding=2 R3E: Credit on purchases for the Period LK_VAT_001E_R3E 5 balance_c external sum editable;rounding=2 R3F: Claimed Credit on purchases for the Period LK_VAT_001E_R3F 5 balance_c external sum editable;rounding=2 R3G: C/F Credit on Purchase LK_VAT_001E_R3G 5 balance_c aggregation LK_VAT_001E_R3D.balance_c + LK_VAT_001E_R3E.balance_c - LK_VAT_001E_R3F.balance_c S: Claim for this Period out of Cage L LK_VAT_001E_S 3 balance_c aggregation LK_VAT_001E_S.sub_balance_a + LK_VAT_001E_S.sub_balance_b check_balance aggregation (LK_VAT_001E_L.balance_c * 0.1) - LK_VAT_001E_16.balance_c sub_balance_a aggregation LK_VAT_001E_L.balance_c * 0.1 if_other_expr_below(LK_VAT_001E_S.check_balance, LKR(0.01)) sub_balance_b aggregation LK_VAT_001E_16.balance_c if_other_expr_above(LK_VAT_001E_S.check_balance, LKR(0)) S1A, S1B, S1C: The Input tax set off against other taxes payable to CGIR (IT/ESC/NBT) LK_VAT_001E_S1 1 balance_a external sum editable;rounding=2 balance_b external sum editable;rounding=2 balance_c external sum editable;rounding=2 S2: The Input tax set off against taxes payable to DGC LK_VAT_001E_S2 1 balance_c external sum editable;rounding=2 S3: Total claimed from Unabsorbed Input Tax (S+S1A+S1B+S1C+S2) LK_VAT_001E_S3 1 balance_c aggregation LK_VAT_001E_S.balance_c + LK_VAT_001E_S1.balance_a + LK_VAT_001E_S1.balance_b + LK_VAT_001E_S1.balance_c + LK_VAT_001E_S2.balance_c 17: Total Tax Credits (Q+R+R1+R2+R3+S) LK_VAT_001E_17 0 balance_c aggregation LK_VAT_001E_Q.balance_c + LK_VAT_001E_R.balance_c + LK_VAT_001E_R1.balance_c + LK_VAT_001E_R2.balance_c + LK_VAT_001E_R3.balance_c + LK_VAT_001E_S.balance_c P: Unabsorbed balance to be C/F (L-(M+N+O)) LK_VAT_001E_P 0 balance_c aggregation LK_VAT_001E_L.balance_c - LK_VAT_001E_M.balance_c - LK_VAT_001E_N.balance_c - LK_VAT_001E_O.balance_c 18: Tax Payable/(Refund Due) (16-17-15) LK_VAT_001E_18 0 balance_c aggregation LK_VAT_001E_16.balance_c - LK_VAT_001E_17.balance_c - LK_VAT_001E_15.balance_c