How do I define tax at company level?
How do I use the VAT rates in transactions?
How do I define tax at group level?
How do I change or revise the VAT rate?
The VAT rate already defined at the company level, stock group level, ledger level and stock item level can be changed or altered in their respective places.
To change the VAT rate at the company level
Go to Gateway of Tally > F11: Features > Statutory & Taxation.
Set the option Enable Value Added Tax (VAT) to Yes.
Enable the option Set/Alter VAT Details.
Enable Set/alter VAT rate/inventory details.
Click L:Details, and enter the required VAT rate with the required applicable period
Press Enter to save
To change the VAT rate at the stock group level
Go to Gateway of Tally > Inventory Info. > Stock Groups > Alter
Select the required group.
Enable the option Set/alter VAT details.
Click L:Details, and enter the required VAT rate with the required applicable period
Press Enter to save.
Press Enter to save the Stock Group Alteration screen.
To change the VAT rate at the stock item level
Go to Gateway of Tally > Inventory Info.> Stock Item > Alter
Select the required stock item
Enable the option Set/alter VAT details.
Click L:Details, and enter the required VAT rate with the required applicable period
Press Enter to save.
Press Enter to save the Stock Item Alteration screen.
To change the VAT rate at the ledger level
Go to Gateway of Tally > Accounts Info. > Ledger > Alter
Select the required ledger purchase, sales or duty tax ledger.
Enable the option Set/alter VAT details.
Click L:Details, and enter the required VAT rate with the required applicable period
Press Enter to save.
Press Enter to save the Ledger Alteration screen.
How do I enable VAT for Karnataka?
How do I print and generate VAT form 100?
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How do I generate VAT Annexure for purchase?
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How do I view forms issuable report?
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How do I view the summary of included transactions?
How do I view the excluded transactions details?
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How do I print and view Annexures J1?
How do I print and view Annexures J2?
How do I view and generate e-annexures?
How do I download EC Form template?
How do I export data to EC Form template?
How do I upload the E-CST Form online?
How do I view forms receivables report?
How do I view forms issuable report?
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How do I print and generate Form 1?
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How do I view forms issuable report?
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How do I view Annexure IV Input Tax and Imports?
How do I view Annexures of Annual Return Form I-1?
How do I print and generate Form I- 1?
How do I print and generate CST Form I?
How do I view Annexures of Annual Return Form I-1?
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How do I view forms issuable report?
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