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https://help.tallysolutions.com/docs/te9rel51/Tax_International/Botswana/Sales_Exempt.htm

Exempt Supplies

Subject to subsection (2), supply of goods or services is an exempt if it is specified in paragraph 2 of the Second Schedule.

Go to Gateway of Tally > Accounting Vouchers > F8: Sales > Select the Voucher Type as Sales

  1. Enter the reference number in the Ref field.

  2. Select the required party ledger in the Party’s A/c Name field.

  3. Select Sales Ledger with the VAT/Tax class - Sales – Exempt.

  4. The VAT/Tax Class appears as Sales – Exempt as it is defined in the ledger master.

  5. Select the Name of Item from the List of Items. Enter the Quantity and Rate. The amount is automatically displayed in the Amount field.

  6. The field Show Statutory Details will be set to No.

  1.  Press Y or Enter to accept and save.

Note: The gross assessable value of sales recorded using the VAT/Tax class - Sales - Exempt is captured in Exempt Supplies column of box 5. The Output Tax Due column will be blank as it is an exempt sales transaction.

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