Get Form Xi Tripura Value Added Tax Act 2004 Deduction

Filling out the FORM XI under the Tripura Value Added Tax Act 2004 is an essential process for those involved in works contracts and goods usage deductions. This guide will walk you through the process of completing the form online, ensuring you have all necessary information and steps in one place.

Follow the steps to complete the online deduction form.

1. Click ‘Get Form’ button to obtain the form and open it for editing.
2. In the first section, provide the name and address of the person who is making the deduction. Ensure all information is accurate and complete.
3. Next, enter the name and address of the person from whom the deduction is being made. This is crucial for the identification of the parties involved.
4. Provide particulars of the deduction by filling in the relevant fields: (a) Name of work, (b) Period to which it relates, and (c) Specify if the deduction is for a works contract or transfer of right to use goods.
5. Fill in the gross amount payable to the person from whom the deduction is made. Make sure to enter the correct figures to avoid discrepancies.
6. Include details of any departmental recoveries if applicable by listing the amounts in the provided fields.
7. Specify amounts not liable to be taxed by entering relevant data in the designated fields.
8. Break down the taxable amounts at different rates of tax by completing the relevant table sections. Make sure to calculate the total amount of tax accurately.
9. Indicate the total amount of tax deducted and the date the deduction was made.
10. Detail the amount deposited into the government treasury and include the challan number and date of deposit.
11. Finish by signing the form and providing the date, ready to be forwarded to the Superintendent of Taxes.
12. Once all fields are completed, save changes, download, print, or share the form as needed.

Start completing your FORM XI online today!