VAT Guide to Value Added Tax - sri lanka inland revenue ...

15.8 Example of a VAT Account
VAT Account – Output Tax(Supplies made)
Taxable Period From …………….. to ………………
Item
No.
1.
2.
3.
.
.
Date of
Issue of
invoice or tax
invoice
Total for the Taxable Period
Serial No. of Invoice or Tax
invoice in respect of supplies
made
Output Tax charged
Value of
Supply
(made) @ 10% @ 20%
Date of
Receipt
cash/
Cheque
of
VAT Account – Input Tax (Supplies received)
Taxable Period From …………….. to ………………
Item
No.
1.
Date of
Receipt
of Tax
invoice
Serial No.
of tax
invoice
Suppliers
VAT
Reg. No
Description
of the
purchase
Name of
the
supplier
Value of
Supply
received)
Input tax
Payable
@ @
10% 20
%
Date of
Payment
of cash
2.
3.
.
.
Total for the Taxable Period
• Cash basis Registered Persons and those who make exempt supplies can have
the following additional columns.
Taxable Period
During which
Payment is made
Input Tax directly
attributable to taxable
Supplies
Input Tax Directly
attributable to
Exempt supplies
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