Under Composite Scheme of VAT Assessment Annexure-I

1 Project/ Contract details (EPC Contracts)

Contract
Agreement
Number
Name of the Contractor/ Name of the
Concessionaire Project

GST No. Date Bill No.

State Date:
2 Payment Details
a b c d e f g h
Pre-GST Regime GST Regime
Gross Original Value of the Price variation Value of Services Payments claimed upto 30.6.2017- Payments claimed Bal. payments to Balance Remarks
Contract upto 30.6.2017 rendered upto original contract price upto 30.6.2017-Price be made after Services to
30.6.2017 as per Variation 01.07.2017 for be rendered-
original contarct services original
rendered upto
contract
30.06.2017.
(c+b-d-e) Price

100,000 1,000 65,000 45,000 750 20,250 35,000

3

Gross Original Value

Project Constituents Percentage Percentage Pre-GST Percentage Post-GST
of the ContractTotal

a Gross Value of Contract - 100,000 - 65,000 - 35,000

b Less:-Output Vat 5.25% 5,250 3,413 1,838
c Cost plus Margin (a-b) 94,750 61,588 33,163
d Less : Margin 10% 8,614 - 5,599 - 3,015
e Cost of the Project (c-d) 86,136 - 55,989 - 30,148
f Components of the Projects
i Bitumen 17% 14,643 4% 2,489 40% 12,154
ii Steel 8% 6,891 7% 4,000 10% 2,891
iii Cement 5% 4,307 4% 2,500 6% 1,807
iv Aggregates, Sand etc 16% 13,782 21% 12,000 6% 1,782
v Pipes 1% 861 1% 300 2% 561
vi Oth. Materials 1% 861 1% 500 1% 361
vii HSD 17% 14,643 23% 13,000 5% 1,643
viii Labour 35% 30,148.36 38% 21,199.64 30% 8,949
Cost of the Project 100% 86,136 100% 55,989 100% 30,148

Value of Output
GST Implications (For balance Excise VAT/CS Output Cost incl. GST GST Total Cost Excess cost Excess Impact
4 % Component Item in GST @
work) duty % T VAT Taxes rate Amount under GST due to GST due to GST (%)
Cost 12%

Cost of the Project - - - 30,148 - - - -

i Bitumen 31% 7,787 21% 29% 12,154
ii Steel 10% 2,503 10% 5% 2,891
iii Cement 6% 1,578 6% 8% 1,807
iv Aggregates, Sand etc 7% 1,782 0% 0% 1,782
v Pipes 2% 550 1% 1% 561
vi Oth. Materials 1% 350 1% 2% 361
vii HSD 7% 1,643 0% 0% 1,643
viii Labour 36% 8,949 0% 0% 8,949
Cost of the Project 100% 25,142 30,148 -3464 -9.90%

5 Billing Pattern Notes :

1 The cells in Green are for input
Value of the work done by the 2 The correct rate of taxes for Excise,CST,VAT are to be entered.
Contract 35,000
Less : factored in Taxes 6,843 3 The rates for VAT/Output VAT are as may be applicable for respective states
Adjusted Value of Work done 28,157 4 The issue of closing stocks are not considered due to complexities involved
5 The Components & Taxes are indicative/notional. It has to be project specific and
Add GST (on Adjusted value of may change accordingly
work done which includes
Profit Margin also) 12% 3,379

Amount Claimed 31,536

Authority Engineer Contractor Project Director

NHAI
 Under Regular Scheme of VAT Assessment Annexure-I
1 Project/ Contract details (EPC Contracts)

Contract
Agreement
Number
Name of the Contractor/ Name of
Concessionaire the Project

GST No. Date Bill No.

State Date:
2 Payment Details
a b c d e f g h
Pre-GST Regime GST Regime
Gross Original Value of the Price variation Value of Services Payments claimed upto 30.6.2017- Payments claimed upto Bal. Balance Remarks
Contract upto 30.6.2017 rendered upto original contract price 30.6.2017-Price Variation payments to Services to
30.6.2017 as per be made be
original contarct after rendered-
01.07.2017
original
for services
rendered contract
upto Price
30.06.2017.
(c+b-d-e)

100,000 1,000 65,000 45,000 750 20,250 35,000

3
Gross Original
Project Constituents Percentage Value of the Percentage Pre-GST Percentage Post-GST
ContractTotal

a Gross Value of Contract - 100,000 - 65,000 - 35,000

Less : Labour and allied charges
b (refer Point no 6 in Notes) 25.00% 25,000 16,250 8,750
c Taxable Value for VAT ( a-b ) 75,000 48,750 26,250
Less: Output VAT (refer Point no 7
d in Notes) 12.50% 8,333 5,417 2,917
e Cost plus Margin (a-d) 91,667 59,583 32,083
f Less : Margin 10% 8,333 - 5,417 - 2,917
g Cost of the Project (c-d) 83,333 - 54,167 - 29,167
h Components of the Projects
i Bitumen 13% 10,830 7% 4,000 23% 6,830
ii Steel 8% 6,891 7% 4,000 10% 2,891
iii Cement 5% 4,307 5% 2,500 6% 1,807
iv Aggregates, Sand etc 17% 13,782 17% 9,000 16% 4,782
v Pipes 1% 861 1% 300 2% 561
vi Oth. Materials 1% 861 1% 500 1% 361
vii HSD 18% 14,643 22% 12,010 9% 2,633
viii Labour 37% 31,158.33 40% 21,856.67 32% 9,302
Cost of the Project 100% 83,333 100% 54,167 100% 29,167

Cost incl.
Value of Excise Excise Excess Excess
GST Implications (For balance VAT VAT/CST Output (ED ,Input GST Output Total Cost
4 % Component Item in duty duty GST rate cost due Impact due
work) (in Rs) (in %) VAT Vat and Amount GST @ 12% under GST
Cost (in Rs) (in %) to GST to GST (%)
Output Vat)

Cost of the Project - - - 29,167 - - - -

i Bitumen 17% 4,376 919 21% 1,535 29% 6,830
ii Steel 10% 2,503 250 10% 138 5% 2,891
iii Cement 6% 1,578 95 6% 134 8% 1,807
iv Aggregates, Sand etc 18% 4,782 0 0% 0 0% 4,782
v Pipes 2% 550 5 1% 6 1% 561
vi Oth. Materials 1% 350 4 1% 7 2% 361
vii HSD 10% 2,633 0 0% 0 0% 2,633
viii Labour 36% 9,302 0 0% 0 0% 9,302
Cost of the Project 100% 26,074 1,273 1,820 29,167 -492 -1.41%
5 Billing Pattern Notes :
1 The cells in Green are for input
Value of the work done by the 2 The correct rate of taxes for Excise,CST,VAT are to be entered.
Contract 35,000
Less : factored in Taxes 4,190 3 The rates for VAT/Output VAT are as may be applicable for respective states
Adjusted Value of Work done 30,810 4 The issue of closing stocks are not considered due to complexities involved
5 The Components & Taxes are indicative/notional. It has to be project specific and may change
Add GST (on Adjusted value of
work done which includes Profit
Margin also) 12% 3,697

Amount Claimed 34,508

6 Labour and allied charges Cell as per the details given below:-
a) If it is in percentage (%) , enter the percentage (%) in Cell no. C15
b) If it is based on absolute value, Justify the Absolute value in a separate sheet and put the value in
Cell No. D15 (Calculation sheet to be enclosed)
7 Output VAT as per the details given below:-
a) If it is in percentage (%) , enter the percentage(%) in Cell no. C17
b) If it is based on input used, calculate in a separate sheet, put the value in Cell No. D17 (Calculation
sheet to be enclosed)

Authority Engineer Contractor Project Director

NHAI