Sales Zero Rated (Bangladesh)

To create the Voucher for sale of zero rated goods:

Go to Gateway of Tally > Accounting Vouchers > F8: Sales > select Retail Invoice from the List of Types

1. Enter the reference number in the Ref field. The invoice date will automatically be entered in the Date field and this can be changed if required.

2. Select the Party’s A/c Name from the List of Ledger Accounts.

3. Select the Sales ledger grouped under Sales Accounts with VAT/Tax class - Sales - Zero Rated.

4. The VAT/Tax Class appears as Sales – Zero Rated.

5. Select the Name of Item from the List of Items.

6. Enter the Quantity and Rate. The amount is automatically displayed in the Amount field.

7. Similarly, select another item and enter the Quantity and Rate. The amount will be automatically calculated and displayed.

8. Enter the details in the field Narration, if required.

9. Press Y or Enter to accept and save.

Note: The value of goods sold using Sales - Zero Rated as the VAT/Tax Classification will be captured in Box 4 of MUSAK–19. The transaction details will be captured in Annexure MUSAK–17 and MUSAK–18.