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Get the free Monthly Return on Movement of Open-ended Collective

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For Main Board listed issuers Monthly Return on Movement of Open ended Collective Investment Scheme listed under Chapter 20 of the Exchange Listing Rules
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How to Fill out Monthly Return on Movement:

01
Collect all relevant information related to the movement of goods or services for the month. This includes details such as the quantity of goods moved, their value, and any applicable taxes or duties.
02
Begin by accurately recording the starting and ending inventory for the period. This will help calculate the total movement during the month.
03
Document all incoming goods or services received during the month. Include information such as the supplier's name, invoice number, quantity, and value. Ensure that these details are properly cross-referenced with any purchase orders or receipts.
04
Next, record any outgoing goods or services provided during the month. Include relevant information like the customer's name, invoice number, quantity, and value. Again, it is important to cross-reference these details with sales orders or delivery receipts.
05
Calculate the net movement by subtracting the total outgoing quantity from the total incoming quantity. This will give you the overall movement for the month.
06
Calculate the total value of the incoming and outgoing goods or services. Add any applicable taxes or duties to obtain the gross value.
07
Fill out the necessary sections of the monthly return form provided by the relevant authority. Ensure that all required fields are completed accurately and legibly.

Who needs Monthly Return on Movement:

01
Businesses engaged in the movement of goods or services. This can include manufacturers, wholesalers, retailers, and service providers.
02
Tax authorities and regulatory bodies responsible for monitoring and managing the movement of goods or services within a specific jurisdiction.
03
Financial institutions or lenders who require this information to assess the creditworthiness or financial stability of a business.
Remember to consult the specific guidelines or regulations applicable to your jurisdiction to accurately fill out the monthly return on movement.
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Monthly return on movement is a report that details the movement of goods or services within a specific time period.
Businesses or individuals who are engaged in the movement of goods or services are required to file monthly return on movement.
Monthly return on movement can be filled out online through the designated portal provided by the tax authority.
The purpose of monthly return on movement is to track the movement of goods or services for taxation and regulatory purposes.
Information such as the type of goods or services, quantity, value, and destination of movement must be reported on monthly return on movement.
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