Type search words and press enter
GSTR-1 upload is now as easy as 1-2-3! Upload your returns on the GST portal right here from TallyPrime. Don't worry about opening the portal or doing any other manual activity.
https://help.tallysolutions.com/docs/te9rel51/Tax_International/Kenya_VAT/zero_rated_sales.htm

Zero Rated Sales

To create a voucher for Zero Rated Sales,

Go to Gateway of Tally > Accounting Vouchers > F8: Sales

  1. In Change Voucher Type screen select Not Applicable in Class field.

  2. Enter the Reference in the Ref field if required.

  3. Select the Party’s A/c Name from the List of Ledgers. In case of Cash Sales being made, select Cash ledger grouped under Cash-in-Hand in the Party A/c Name field.

  4. Select the Sales Ledger with the VAT/Tax Class - Sales - Zero Rated.

  5. Select the VAT/Tax Class as Sales - Zero Rated from the List of VAT/Tax Class, if it was not specified while creating ledger.

  6. Select the required stock item from the List of Items. Enter the Quantity and Rate. The amount is automatically displayed in the Amount field.

  7. Select the Type of Device, the Device number will be captured automatically. Maximum of 20 characters is allowed for Device No. field.

  8. In Brief Desc for VAT field, enter the brief description of the goods being sold.

  9. Enter the Exemption Certificate No.

  1. Press Y or Enter to accept and save.

Note: The assessable value of sales made using taxable VAT/Tax classification Sales - Zero Rated is captured in box 3 - ZERO RATED Sales (in Value EXCL. VAT) of Form VAT 3.

Mail this article