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FORM I see rule 7(1)(a), 7(2) & 7(3) VALUE ADDED TAX MONTHLY RETURN Name of the dealer: To The Assessing Authority, Circle, Month TIN INPUT TAX CREDIT 1 TAX PAYABLE (A) Input Tax Credit carry- forward
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Individuals or businesses who are engaged in providing value-added services and are eligible for certain tax benefits or exemptions may need to fill out form i value added.
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Companies that are registered for value-added tax (VAT) and are involved in the supply of goods or services may be required to submit this form to claim any credits or refunds.
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Individuals or businesses that have made taxable sales or purchases and wish to obtain a refund or credit for the VAT paid may also need to fill out this form.
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Form I value added is a tax form used to report value added tax.
Businesses and individuals who are registered for value added tax are required to file Form I value added.
Form I value added can be filled out electronically or manually, depending on the tax authority's requirements. It typically requires information about taxable sales, purchases, and VAT owed.
The purpose of Form I value added is to report and calculate the amount of value added tax owed by a business or individual.
Information such as taxable sales, purchases, input VAT, output VAT, and any adjustments must be reported on Form I value added.
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