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Interstate Sales High Seas (VAT)

You can record sale of goods on high seas by selecting the nature of transaction Interstate Sales High Seas .

This nature of transaction is provided for Himachal Pradesh and Telangana.

1. Go to Gateway of Tally > Accounting Vouchers > F8: Sales .

2. Enter the Reference no. .

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

4. Select the sales ledger grouped under Sales Accounts with Nature of transaction set to Interstate Sales High Seas .

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

6. Press Enter to save.

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