To record a transaction of works contract purchases
Go to Gateway of Tally > Accounting Vouchers > F9: Purchases.
Enter Supplier Invoice No. and Date.
Select the Party’s A/c Name from the List of Ledger Accounts.
Select Purchase Ledger from the List of Purchase Ledgers. (Where Is VAT/CST Applicable is set to Applicable and Set/Alter VAT Details? is disabled.
Select Purchase - Works Contract as the nature of transaction in VAT/Tax Class option.
Select the required stock item identified as works contract and taxable at a specific VAT rate (The unit of measurement need not be defined in the item master). Enter the Amount.
In the Deduction Claimed for Tax Calculation screen, enter the percentage of deduction in % field. Press Enter to save.
Select common VAT ledger grouped under Duties & Taxes from the List of Ledger Accounts, where
Type of Duty/Tax is set to VAT.
Use for Purchase Tax is disabled.
Percentage of Calculation is set to ‘0’.
Set Provide Statutory Details to Yes/No, as per requirement. If Provide Statutory Details is enabled, enter the required details including Invoice Number, Date of purchase transaction and e-Sugam Details details.
Note: For the category - V-G For Jobwork/Return After Jobwork/Line Sale, the document types - LJV Consignment for Sale (Receipts) and OTH Others get listed. For the category - V-K Others, the document types - LJV Consignment for Sale (Receipts), and OTH Others get listed.
Transporter Name (Carries Name / Agent): Enter the name of transport service used by seller to despatch goods.
Vehicle Number (Despatch through): Enter the vehicle number here.
Bill of lading/LR-RR No.: Enter the bill of lading/LR-RR number.
Quantity with Units: The quantity entered for each stock item will be captured along with the respective unit of measurement.
Press Enter to save the Statutory Details screen.
Press Enter to save.
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