To record purchases made from unregistered dealers
1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchases.
2. Click F12: Configure to enable the required options in Voucher Configuration screen.
In the Voucher Configuration screen,
● Set the option Allow modification of Tax Details for VAT to Yes.
● Press Ctrl+A to save and return to invoice.
3. Enter the Supplier Invoice No. and Date.
4. Select the supplier ledger in Party’s A/c Name field.
5. Select a common purchase ledger in which the option Is VAT/CST Applicable is set to Applicable, and Set/Alter VAT Details is disabled.
o Select Purchase From Unregistered Dealer as Classification / Nature in the VAT Classifications Details screen.
o Press Enter to save.
6. Select the required stock items whose VAT rates are specified either at the stock group or stock item level, and enter the Quantity and Rate for stock item.
The purchase invoice appears as shown below:
7. Press Enter to save.
To create tax liability on purchase from unregistered dealer
1. Go to Gateway of Tally > Accounting Vouchers > F7: Journal.
2. Click J: Stat Adjustment to enable the required options in the Stat Adjustment Details screen.
In the Stat Adjustment Details screen,
● Select the option VAT in the Type of Duty/Tax field.
● Select the option Tax on URD Purchase in the Nature of adjustment field.
● Press Enter to return to voucher.
3. Debit a ledger created under the group Current Assets and enter the value in the amount field.
4. Credit the tax ledger, and enter the Rate, Addl. Rate, Assessable Value, Commodity name, and Commodity Code in the VAT Details screen.
5. Credit additional tax ledger, and enter the Rate, Addl. Rate, Assessable Value, Commodity name, and Commodity Code in the VAT Details screen.
The journal voucher appears as shown below:
6. Press Enter to save.
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