To create a Purchase ledger for import of goods:
Go to Gateway of Tally > Accounts Info. > Ledgers > Create
Enter the Name of the ledger, for e.g., Purchases – Imports.
Select Purchase Accounts as the group name in the Under field.
Set Inventory values are affected to Yes.
Enter the Percentage of Calculation if required.
Set the option Used In VAT Returns to Yes to display the VAT/Tax Class sub screen.
Select the VAT/Tax classification - Purchases – Imports @ 15% from the list of VAT/Tax Class.
Press Enter to return to the Purchases - Imports Ledger creation screen
Accept the purchase ledger.
'Ledger for Import of Goods' has been shared with
