To create a CST on Sales Ledger,
Go to Gateway of Tally > Accounts Info > Ledgers > Create
Enter the name of the CST Payable ledger in the Name field.
Select Duties & Taxes as the group name in the Under field.
Select CST from the Type of Duty/Tax list in the field Type of Duty/Tax.
Select CST @ 2% Against Form C in the VAT/Tax Class field from the VAT/Tax Class list displayed.
The option Inventory values are affected is set to No by default.
The Percentage of Calculation and Method of Calculation gets displayed based on the VAT/tax class selected.
Select the required Rounding Method from the list displayed.
Press Enter to accept and save.
To create a CST on Purchase ledger,
Go to Gateway of Tally > Accounts Info. > Ledgers > Create
Enter the name of the CST on Purchase ledger in the Name field.
Select Duties & Taxes as the group name in the Under field.
Select CST from the Type of Duty/Tax list in the field Type of Duty/Tax.
Select Interstate Purchases @ 2% Against Form C in the VAT/Tax Class field from the VAT/Tax Class list displayed.
The option Inventory values are affected is set to No by default.
The Percentage of Calculation and Method of Calculation gets displayed based on VAT/tax class selected.
Select the required Rounding Method from the list displayed.
Press Enter to accept and save.
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