The sale of goods to an export customer or licensed manufacturer is tax free.
To create a sales voucher for an Export Customer or a Licensed Manufacturer,
Go to Gateway of Tally > Accounting Vouchers > F8: Sales
Enter the reference number in the Ref field
Select the Party’s A/c Name for e.g., Excel International from the List of Ledger Accounts
In the Sales Ledger field, select the required sales ledger, for e.g., Exports
On selecting the sales ledger, the Sales Tax Class appears accordingly. In case where the VAT/Tax class is not selected in the ledger master, select the same while invoicing
Select the Name of Item, for e.g., Computer from the List of Items
Enter the Quantity and enter the foreign currency $ 5,200
In the Forex Rate of Exchange screen enter the Rate of Exchange as shown:
Similarly select the other stock item, enter the quantity and rate
Enter Narration if required
Accept the sales invoice.
Go to Gateway of Tally > Accounting Vouchers > F8: Sales
Enter the reference number in the Ref field
Select the Party’s A/c Name for e.g., Supreme Traders from the List of Ledger Accounts
In the Sales Ledger field, select the required sales ledger, for e.g., Sales Exempt
On selecting the sales ledger, the Sales Tax Class appears accordingly. In case where the VAT/Tax class is not selected in the ledger master, select the same while invoicing
Select the Name of Item, for e.g., Books from the List of Items
Enter the Quantity and Rate. The amount will be automatically displayed
Enter the required bill references in the Bill-wise Details screen
Enter the Narration, if required
Press Y or Enter to accept and save.
'Creating an Export Sales Voucher - Sales Tax Malaysia' has been shared with
