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Purchases of Schedule H Items (U/s 19(1)) (VAT)

You can record purchases of schedule H goods by selecting the nature of transaction Purchases - Schedule H Items (U/s 19(1)) .

This nature of transaction is provided for Punjab.

1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchase .

2. Enter the Supplier invoice no. and Date .

3. Select the party ledger in the field Party's A/c Name .

4. Select the purchase ledger grouped under Purchase Accounts with the Nature of transaction set to Purchases - Schedule H Items (U/s 19(1)) .

5. Select the required stock item. Enter the Quantity and Rate .

6. Set the option Provide VAT Details? to Yes . In the Statutory Details screen

Enter the purchase details as shown below:

Press Enter to accept.

The purchase invoice appears as shown below:

7. Press Enter to save.

The value of this transaction gets captured in the relevant fields of state-specific VAT/CST forms and annexures.