https://help.tallysolutions.com/docs/te9rel64/Tax_India/VAT/chandigarh/CH_VAT_Challan.htm

Form VAT-2 (Chandigarh)

The Form VAT - 2 is a payment challan which is generated on making statutory payments towards VAT.

To generate a VAT payment challan

1. Click S : Stat Payment and provide the relevant details. In the Stat Payment Details screen

o Select VAT as Tax Type .

o Enter the dates in Period From and To fields.

o Select the required Type of Payment .

o Press Enter to return to payment voucher .

2. Select the bank ledger.

3. Select the VAT ledger and enter the amount. Similarly, select ledgers created for interest, penalty, demand dues, other dues and TDS as applicable as shown below:

Note: For interest, penalty, TDS, other dues and demand ledgers grouped under Current Liabilities , select the relevant Types of Payment in the Payment Type screen.

4. Press Enter to accept the voucher. Go to alteration mode of this payment voucher (press PgUp ).

5. Click P : Print button to print the voucher. In the Voucher Printing screen

o Set Print as VAT challan? to Yes .

o Enter the name of authorised person in the Tendered by field.

o Enter the Last date of payment and Demand/disposal number .

The Voucher Printing screen appears as shown below:

6. Press Enter to print.

The following four copies of Form VAT - 2 challan gets printed:

o CHALLAN A (To be retained in the Treasury)

o CHALLAN B (To be given to/to be retained by the Excise & Taxation Department)

o CHALLAN C (To be given to/to be retained by the Excise & Taxation Department)

o CHALLAN D (To be given to/to be retained by the 'Person')

The print preview of Form VAT -2 challan appears as shown below:

Description of data captured in each field of the challan is tabulated below:

Field Name

Description

District

Displays the District name entered in Company VAT Details screen.

Period From and To

Displays the dates entered in Period From and To fields in Stat Payment Details screen of payment voucher.

Last date of payment

Displays the Last Date of Payment entered in Voucher Printing screen of payment voucher.

1. By whom tendered

Displays the Name of the Tender entered in Voucher Printing screen of payment voucher.

2. Name of the person

Displays the Mailing Name entered in Company creation screen.

Complete Address

Displays the Address entered in Company creation screen.

VRN/TRN

Displays the TIN entered in Company VAT Details screen.

(a) Voluntary Tax VAT/TOT

Displays the amount entered for VAT ledger in payment voucher.

(b) Additional Demand

Displays the amount entered for expense or liability ledger by selecting the Type of Payment as Demand in Payment Type screen of payment voucher.

(c) Penalty U/s

Displays the amount entered for expense or liability ledger by selecting the Type of Payment as Penalty in Payment Type screen of payment voucher.

(d) Interest

Displays the amount entered for expense or liability ledger by selecting the Type of Payment as Interest in Payment Type screen of payment voucher.

(e) Other Deposits

Displays the amount entered for expense or liability ledger by selecting the Type of Payment as Others in Payment Type screen of payment voucher.

(f) TOTAL IN FIGURES

Displays auto calculated value.

TOTAL IN WORDS

Displays the amount in words.