Annexure-H stock statement guide with a worked example

By the Taxora.pk compliance team

Reconcile opening stock, purchases, and consumption for the selected tax period. Check quantity, value, and input tax independently before you use the statement for filing.

Choose the period and check opening balances

1. Confirm the month on the source workbook and the tax period selected in IRIS.
2. Compare opening stock with the previous reviewed closing statement. Record any adjustment and keep the evidence.
3. Keep separate rows when the HS code, unit, item type, or tax rate differs. Kilograms and pieces need separate quantity totals.

Work through one stock row

In the synthetic workbook, one raw material starts at 1,200 kg. Purchases add 300 kg and consumption uses 450 kg. Closing quantity is 1,050 kg.

Opening value of PKR 240,000 plus PKR 66,000 purchased minus PKR 90,000 consumed gives PKR 216,000 closing value. The sample also reconciles input tax separately.

Review the export

Compare the exported closing figures with the source ledger. Where the same stock carries forward, the next period should open at the closing figure you reviewed. Keep the source workbook and the reviewed export together.

The example is practice data. Use the current IRIS instructions and your own source records to prepare the filing.

Download the Annexure-H practice workbook (synthetic data)

See this workflow in Taxora · See the Compliance plan