Form RT-I is the monthly VAT return filed by registered dealers in Bihar. You can generate this return form along with supporting annexures in Tally.ERP 9. Further, to help you verify the tax details before generating the returns, a report is available to display the tax computation for the return period.
All transactions, whether recorded correctly, incorrectly or inadequately, are captured and categorised in this report. Additionally, the report design allows you to verify, resolve exceptions and finalise the return for filing. You can save the original returns, and in case changes are made in periodic returns after saving, the information can be either overwritten or saved as revised.
To display the report
● Go to Gateway of Tally > Display > Statutory Reports > VAT > Form RT-I.
The Form RT-I report appears as shown below:
The different sections of the report are:
● Particulars (computation details)
Drill down from any part to display incrementally detailed information at subsequent levels.