Annexure B-III displays the details of taxable and works contract sales made to consumers. Sales of MRP goods (predefined with Nature of goods as MRP goods) are not displayed here. It has to be filed with the VAT return every quarter.
Details of sales recorded with the following nature of transactions are displayed in this annexure:
● Sales Taxable
● Sales - Works Contract
● Sales Transfer of Right to Use
Sales recorded with party ledger in which the Type of Dealer is set to Consumer are displayed in this annexure.
To export data to Box B-III 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 B-III, 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:
Legend |
Indicates what is new in the form |
Indicates what has changed in the form |
|
Indicates what has been removed from the form |
Field Name |
Description |
III. Sale to consumers: |
|
1% |
Displays the net assessable value of taxable and works contract sales, and the sales by transfer of rights to use, made to consumers by selecting stock items attracting 1% tax rate. |
5% (Sch-IIIA) |
Displays the net assessable value of taxable and works contract sales, and the sales by transfer of rights to use, made to consumers by selecting stock items of schedule III - A attracting 5% tax rate. |
5% (Sch-III) |
Displays the net assessable value of taxable and works contract sales, and the sales by transfer of rights to use, made to consumers by selecting stock items of schedule III attracting 5% tax rate. |
6% (Sch-III) |
Displays the net assessable value of taxable and works contract sales, and the sales by transfer of rights to use, made to consumers by selecting stock items of schedule III attracting 6% tax rate. |
13.50% |
Displays the net assessable value of taxable and works contract sales, and the sales by transfer of rights to use, made to consumers by selecting stock items attracting 13.5% tax rate. |
14.50% |
Displays the net assessable value of taxable and works contract sales, and the sales by transfer of rights to use, made to consumers by selecting stock items attracting 14.5% tax rate. |
15% |
Displays the net assessable value of taxable and works contract sales, and the sales by transfer of rights to use, made to consumers by selecting stock items attracting 15% tax rate. |
Goods supplied free of cost |
Displays the assessable value of free stock items which are part of actual quantity but not billed. |
Total |
Displays auto calculated value. |
Last updated for Release 5.4.7