The Kerala General Sales Tax - Forms
-

FORM 50B

STATEMENT OF PARTICULARS IN THE CASE OF A PERSON

CARRYING ON BUSINESS

See Rule 32(14B)

1.	Name of the Dealer
2.	Address
3.	Registration No.
4.	Assessment Year
5.	No. of permits obtained under Section 15 of the KGST Act
6.	Books of account maintained (Details to be furnished)
7.	Method of accounting employed (include whether any change from the method of accounting employed in the immediately preceding year).
8.	(i) Method of valuation of opening and closing stock (ii) State whether there is any change in the method of valuation of any of the items as compared to the method employed in the immediately preceding year.
9.	In the case of manufacturing concerns Detailed manufacturing account with quantity and value of each item of stock, goods consumed, finished goods, by-products and shortages separately and give percentage of yield and shortage. (Suitable tabular form shall be drafted for the above manufacturing account of furnish our complete details of quantity and separately).
10.	In the case of all dealers Trading account separately showing particulars in respect of each class of goods classified by the dealer, as given in the Schedules to the KGST Act, 1963, in the following format (separate details in respect of taxable and non taxable turnover shall be furnished):-

TRADING ACCOUNT

(1) Name of goods:	Quantity	Amount
(2) Schedule and item under which the above goods was classified by the dealer with rate of tax and point of levy thereof.

	A. Opening Stock
	B. Receipts of goods:
	(i)	Purchase
		a) Intra-state
		b) Intra-state
		c) In the course of import
	(ii)	Transfers:
		(a) From HO/Branches
		(b) Consignment Stock transfer
	(iii)	Manufactures
	(iv)	Other receipts (give details)
	C. Total (a) + (d)
	D. Issue of goods:
	(i)	Sales :
		(a) Intra-state
		(b) Inter state
		(c) In the course of export
	(ii)	Transfers
		(a) To HO/branches
		(b) Consignment stock transfer
	(iii)	Consumption
	(iv)	Other issues (give details)
	E.Closing Stock
	F.Total (D) + (E)
	G.Gross Profit (F)-(C)
	H.Percentage of gross profit to sales

11.	In the case of transfer of right to use goods give details of turnover
12.	In the case of works contract executed
	A.Give details of each works contract separately as follows
		(i) Total contract amount of each works contract
		(ii) Period of contract
		(iii) Turnovers of works contract for the year taxable at each rate as classified by the dealer
		(iv) Turnover in respect of which compounding was opted by the dealer
		(v) Value of goods supplied by the awarder
		(vi) Value of goods returned to the awarder
		(vii) Details of deductions allowable from the turnover]
		(viii) Details of sub-contract awarded by the contract
	B. Details of clearance certificate obtained from the assessing authority:
		a. Number and date
		b. Name and address of the of the awarder
		c. Contract amount
13.	In case of works contract awarded
		a. Details of works contract awarded during the year.

Description of work	Name and address of the contractor	Contract amount paid	Clearance certificate amount	Sales Tax with held	Particulars of remitance to Government
		Rs.	Rs.	Rs.	Rs.

	b)	Details of goods supplied by the awarder to the contractor
	c)	Details of Clearance certificate produced by contractor.
		(i) Number and date
		(ii) Amount for which clearance was obtained
		(iii) Assessing authority who issued the clearance certificate.
14	Sale of fixed assets (Give description of the assets)
		a) Taxable turnover
		b) Non-taxable turnover
15	Turnover of scrap/wastage and other items not given above
16	Turnover in respect of which tax is leviable under Section 5A of the KGST Act, 1963.
17	Total turnover for the year (Give details)
18	Turnover taxable at a reduced rate or exempted under Section 10 of the KGST Act, 1963 and rate applicable thereon, (give details)
19	Turnover under Section 5(3) of KGST Act, 19
20	Particulars of deductions allowable under the KGST law from the total turnover, separately for each class of goods.
21	Particulars of deductions allowable under the CST law from the total turnover, separately for each class of goods.
22	Turnover under Section 5(2A) of the KGST Act, 1963 and deductions allowable thereon.
23	The total amount of KGST collection during the year. (Monthly collection particulars annexed).
24	The total amount of KGST and surcharge paid during the year. (Monthly payment particulars annexed).
25	The total amount of CST collected during the year. (Monthly collection particulars annexed).
26	The total amount of CST paid during the year. (Monthly payment particulars annexed).
27	Particulars of amount collected as deposit towards sales tax paid to suppliers or in lieu of sales tax.
28	Whether there is any excess or illegal sales tax collection, if so whether the same has been remitted to Government. (Give details).
29	Whether the purchase are supported by bills/invoices. If not give details.
30	Whether the sales are supported by invoices as required under Rule 32 of KGST Rules, 1963, If not, give details.
31	Details of inspection of the place of business of the dealer during the above year.
32	Details of offence compound under Kerala General Sales Tax Act during the above year.
33	Details of penalty imposed under the KST Act or the CST Act.
34	Details of prosecutions if any pending under the KGST Act or the CST Act.
35	Details of security deposit or penalty paid in connection with transit of goods during the above year. Under the Kerala General Sales Tax Act.
36	Details of fees paid during the above year for registration under Kerala General Sales Tax or Central Sales Tax Laws and for its renewal.

DECLARATION

I.......................... .......................... Managing Partner/Proprietor/Managing Director/Manager of M/s.............................. (Name and address) ....................... Do hereby declare that the particulars given above are true and correct to the best of my knowledge, information and belief.

	Signature
Place :	Name :
Date :	Status :

Note :- 1. The above statement shall be signed by the person authorised to sign the return under the Kerala General Sales Tax Rules, 1963.

2. The goods may be classified in the above statement as per the description in the schedule to the Kerala General Sales Tax Act, 1963.

3. The above statement shall furnish the complete particulars in accordance with the Kerala General Sales Tax Act, and Central Sales Tax Laws.

4. The above particulars shall be prepared by the dealer and submitted along with Form No. 50A.