Annexure I displays the rate-wise sales of tobacco and its products, and sales made on MRP. It has to be filed with the VAT return every quarter.
Details of sales recorded with the nature of transaction Sales Taxable and Sales - Works Contract.
The transactions recorded by selecting stock items or ledgers predefined with Tobacco, are displayed in this annexure.
The transactions recorded with stock items or ledger predefined with Schedule IV are displayed in this annexure.
To export data to Box I template
1. Copy the excel template to the Tally.ERP 9 installed folder.
2. Go to Gateway of Tally > Display > Statutory Reports > VAT > Form RT-I.
3. Click A: Annexures.
4. Select Box I and press Enter.
5. Click E: Export to view the Export Report screen. Based on the VAT Form RT-I report period, the From and To dates are displayed here. These dates can be changed from e-VAT Annexures report, if required. Ensure the template is available in the Export Location.
6. Add the number of rows based on the count provided in No. of rows to be added field.
7. Press Enter to export data.
A brief explanation about the annexure fields is given below:
|
Field Name |
Description |
|
Box I [Details of goods wise sale mentioned in line 9(i) (b) above] |
|
|
Name of Schedule -IV goods (except Sl.No. 1 to 6 & sl.8 of Schedule - IV) |
Displays the commodity Tobacco and tobacco products, except biri and unmanufactured tobacco used in manufacturing of biri. |
|
Rate of tax |
Displays the tax rate entered for each stock item or ledger (predefined with Tobacco as the Type of goods) in the invoice. |
|
Value of goods wise sale and tax payable |
|
|
Total sale of goods on which tax is leviable on first point of sale only |
Displays net assessable value of taxable and works contract sales of tobacco made at first point of sale. For the transaction: ● The Nature of transaction to be selected is Sales Taxable or Sales - Works Contract. ● In VAT Details screen of stock item or ledger, o Set Type of goods as Tobacco. o Set Schedule to Schedule IV. ● The option Point of Sale is set to First in the Statutory Details screen (displayed on enabling the option Provide VAT Details) of the invoice. |
|
Total sale of goods on which tax is payable at each point of sale only |
Displays net assessable value of taxable and works contract sales of tobacco made at second point of sale. For the transaction: ● The Nature of transaction to be selected is Sales Taxable or Sales - Works Contract. ● In VAT Details screen of stock item or ledger, o Set Type of goods as Tobacco. o Set Schedule as Schedule IV. ● The option Point of Sale is set to Second in the Statutory Details screen (displayed on enabling the option Provide VAT Details) of the invoice. |
|
Adjustment of tax under Rule 10A |
Displays the debit value entered for VAT ledger in journal voucher to account for tax adjustments on subsequent sales. To create journal voucher 1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal. 2. Click J: Stat Adjustment. In the Stat Adjustment Details screen, o Select the option VAT in the Type of duty/tax field. o Select the option Decrease of Output Tax in the Nature of adjustment field. o Select the option Adjustment against tax liability on subsequent sales in Additional Details field. o Press Enter to save and return to voucher screen. 3. Debit the VAT ledger. o Enter the Rate and Assessable Value in the VAT Details screen. o Press Enter to return to voucher screen. 4. Credit the expenses ledger. 5. Press Ctrl+A to accept. |
|
Total tax on column - 4 |
Displays auto calculated value. |
|
Total tax on column - 5 |
Displays auto calculated value. |
|
Total tax payable [6+(7-8)] |
Displays auto calculated value. |
'RT001- Box I (Bihar)' has been shared with
